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., reported the acquisition of 1,545 Restricted Stock Units (RSUs) on February 21, 2025, through dividend equivalent reinvestment.
Summary
- On February 21, 2025, Alexandra Soto, the Chief Operating Officer of Lazard, Inc., acquired 1,545 Restricted Stock Units (RSUs).
- The acquisition was made pursuant to the dividend equivalent reinvestment provisions of underlying RSU awards.
- Each RSU represents a contingent right to receive one share of Lazard's Common Stock.
- 622 of these RSUs will vest on or around March 2, 2026, and 923 will vest on or around March 1, 2027.
- Following the reported transaction, Soto beneficially owns 154,529 RSUs, excluding 141,128 shares of Common Stock directly or indirectly beneficially owned.
Sentiment
Score: 6
Explanation: The document is a standard regulatory filing related to executive compensation. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Positives
- The acquisition of RSUs through dividend reinvestment indicates a continued investment in the company by a key executive.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and ownership in a publicly traded company. It provides transparency to investors regarding the holdings of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of the transaction where Alexandra Soto acquired Restricted Stock Units. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
| 03/02/2026 | Vesting date for 622 of the acquired RSUs. |
| 03/01/2027 | Vesting date for 923 of the acquired RSUs. |
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