Form 4: Lazard Inc. Director Acquires Deferred Stock Units

Director Andrew M. Alper acquired 652 Deferred Stock Units (DSUs) of Lazard, Inc. on February 18, 2025, under the company's 2018 Incentive Compensation Plan.

Summary

• On February 18, 2025, Andrew M. Alper, a director of Lazard, Inc., acquired 652 Deferred Stock Units (DSUs).
• The acquisition was made under Lazard, Inc.'s 2018 Incentive Compensation Plan, as amended.
• Alper elected to receive the DSUs in lieu of a portion of his cash compensation as a non-executive director.
• The DSUs will convert into common stock on a one-for-one basis when Alper resigns or ceases to be a member of the Board of Directors.
• Following the transaction, Alper directly owns 91,918 shares of Lazard, Inc. common stock.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction related to director compensation, suggesting a neutral sentiment. It indicates continued alignment between the director and the company's performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, such as directors and officers. This filing indicates a director's continued investment in the company's future.

Stakeholder Impact

• The transaction signals to shareholders that the director is invested in the company's long-term success.

Key Dates