Form 4: Lazard Inc. COO Alexandra Soto Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Alexandra Soto, Chief Operating Officer of Lazard Inc., reports the acquisition of 2,743 Restricted Stock Units (RSUs) through dividend equivalent reinvestment.
Summary
- Alexandra Soto, the Chief Operating Officer of Lazard, Inc., filed a Form 4 on May 20, 2025, reporting a transaction that occurred on May 16, 2025.
- The transaction involved the acquisition of 2,743 Restricted Stock Units (RSUs) due to dividend equivalent reinvestment.
- These RSUs represent a contingent right to receive one share of Lazard's common stock each.
- The RSUs will vest in three tranches: 672 on or around March 2, 2026, 996 on or around March 1, 2027, and 1,075 on or around March 1, 2028.
- Following the reported transaction, Soto beneficially owns 256,932 RSUs, excluding 199,766 shares of common stock directly or indirectly owned.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects routine insider activity and continued investment in the company's stock.
Positives
- The acquisition of RSUs through dividend reinvestment indicates a continued investment in the company's future by a key executive.
Future Outlook
The vesting schedule of the RSUs indicates a long-term incentive structure for the executive.
Industry Context
Form 4 filings are routine disclosures for corporate insiders and provide transparency into their transactions in the company's securities.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals confidence from a key executive.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Date of RSU acquisition. |
| 05/20/2025 | Date of Form 4 filing. |
| 03/02/2026 | Vesting date for 672 RSUs. |
| 03/01/2027 | Vesting date for 996 RSUs. |
| 03/01/2028 | Vesting date for 1,075 RSUs. |
Keywords
Form 4, Lazard, Alexandra Soto, Restricted Stock Units, RSUs, Dividend Reinvestment, Beneficial Ownership, COO
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.