FMR LLC Reports 11.26M Shares (10.1%) in Lazard
FMR LLC amended a Schedule 13G to report beneficial ownership of 11,260,412 shares, representing 10.1% of Lazard Inc. common stock.
Rhea-AI Filing Summary
FMR LLC amended a Schedule 13G to report beneficial ownership of 11,260,412 shares, representing 10.1% of Lazard Inc. common stock. The filing shows FMR LLC holds sole dispositive power for 11,260,412 shares, and Abigail P. Johnson is reported with sole dispositive power for the same amount.
The amendment includes address and CUSIP details and references Exhibit 99 and powers of attorney; signatures were provided by Stephanie J. Brown on behalf of FMR LLC and Abigail P. Johnson.
Positive
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Negative
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Insights
FMR LLC reports a >10% stake in Lazard, a significant passive ownership disclosure.
The amendment lists 11,260,412 shares representing 10.1% of the class and states sole dispositive power. This is a routine beneficial ownership disclosure under Schedule 13G/A, showing sizable institutional position.
Dependencies include any subsidiary identifications in Exhibit 99 and the attached powers of attorney; subsequent filings would show any change in percentage or voting power.
The filing follows Schedule 13G/A mechanics and cites governing exhibits and powers of attorney.
Key procedural elements—CUSIP, issuer address, and signature dates—are present, plus a reference to Exhibit 99 for subsidiary identification under Item 7. The filing appears administrative and consistent with passive reporting obligations.
Material changes would be reflected in later amendments; current document does not state sales, purchases, or changes to voting arrangements.
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