Lazard (LAZ) CFO Tracy Farr receives 12,982 RSU equity award, 3-year vesting

Rhea-AI Filing Summary

Farr Tracy reported acquisition or exercise transactions in this Form 4 filing.

Lazard, Inc. Chief Financial Officer Tracy Farr received a grant of 12,982 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of common stock. After this award, Farr holds 37,576 shares-equivalent RSUs directly.

The RSUs vest over three years, with 4,327 units scheduled to vest on or around March 1, 2027, another 4,327 on or around March 1, 2028, and 4,328 on or around March 1, 2029. This is a compensation-related equity award rather than an open-market stock purchase or sale.

Insights

Equity compensation analyst

Routine RSU grant to Lazard CFO, no open-market trading.

The filing shows Tracy Farr, Lazard’s Chief Financial Officer, received 12,982 Restricted Stock Units as a compensation award. RSUs are promises of future shares that vest over time, aligning executive pay with longer-term company performance.

The vesting schedule is spread across three dates: 4,327 units on or around March 1, 2027, 4,327 on or around March 1, 2028, and 4,328 on or around March 1, 2029. Following this grant, Farr’s reported RSU-based holdings total 37,576 shares-equivalent, indicating a meaningful, ongoing equity stake.

No shares were bought or sold in the market; this is a non-cash equity award categorized as an acquisition under code A. As a result, it is a routine governance and compensation event rather than a directional trading signal for the stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Farr Tracy

(Last) (First) (Middle)

30 ROCKEFELLER PLAZA

(Street)

NEW YORK NEW YORK 10112

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Lazard, Inc. [ LAZ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0(1)	03/17/2026		A		12,982		(2)	(2)	Common Stock	12,982	(1)	37,576	D

Explanation of Responses:

1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock.

2. Of these RSUs, 4,327 will vest on or around March 1, 2027, 4,327 will vest on or around March 1, 2028, and 4,328 will vest on or around March 1, 2029.

Remarks:

	/s/ Tracy Farr by Shari L. Soloway under a P of A	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Lazard (LAZ) report for CFO Tracy Farr?

Lazard reported that CFO Tracy Farr received a grant of 12,982 Restricted Stock Units. These RSUs are equity compensation and increase her direct holdings to 37,576 shares-equivalent, with no open-market buying or selling involved in this transaction.

Is the Lazard (LAZ) Form 4 for Tracy Farr a stock sale or purchase?

The Form 4 reports an equity award, not a market trade. Tracy Farr acquired 12,982 Restricted Stock Units as compensation, coded as a grant (A). No open-market purchase or sale of Lazard common stock is disclosed in this filing.

How many RSUs did Lazard CFO Tracy Farr receive in this Form 4 filing?

Tracy Farr received 12,982 Restricted Stock Units in this transaction. Each RSU represents a contingent right to one share of Lazard common stock, increasing her reported total RSU-based holdings to 37,576 shares-equivalent after the award.

What is the vesting schedule of Tracy Farr’s Lazard RSU award?

The 12,982 Restricted Stock Units vest in three annual tranches. 4,327 RSUs vest on or around March 1, 2027, another 4,327 on or around March 1, 2028, and 4,328 on or around March 1, 2029, subject to applicable conditions.

Does the Lazard (LAZ) Form 4 show remaining equity holdings for Tracy Farr?

Yes. After the RSU grant, Tracy Farr is reported to hold 37,576 shares-equivalent tied to Restricted Stock Units. This figure reflects her direct RSU-based position reported in the filing following the March 17, 2026 award.

What does transaction code A mean in the Lazard (LAZ) Form 4?

Transaction code A indicates a grant, award, or other acquisition of securities. In this case, it refers to 12,982 Restricted Stock Units granted to CFO Tracy Farr as part of her compensation, rather than a cash purchase in the open market.