Form 4: Lazard Inc. Executive Acquires Additional Restricted Stock Units Through Dividend Reinvestment

Michael Gathy, Chief Accounting Officer of Lazard Inc., acquired 100 Restricted Stock Units (RSUs) through dividend equivalent reinvestment on May 16, 2025.

Summary

• On May 16, 2025, Michael Gathy, the Chief Accounting Officer of Lazard Inc., acquired 100 Restricted Stock Units (RSUs) due to dividend equivalent reinvestment.
• These RSUs represent a contingent right to receive one share of Lazard Inc. Common Stock each.
• The acquired RSUs will vest in three tranches: 25 on or around March 2, 2026, 40 on or around March 1, 2027, and 35 on or around March 1, 2028.
• Following the transaction, Gathy directly owns 9,172 RSUs and excludes 617 shares of Common Stock directly or indirectly beneficially owned by the reporting person.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of RSUs through dividend reinvestment reflects continued investment in the company by a key executive.

Positives

• The acquisition of RSUs through dividend reinvestment indicates Gathy's continued investment and alignment with the company's long-term performance.

Industry Context

Form 4 filings are routine disclosures related to insider transactions and are a standard part of regulatory compliance for publicly traded companies.

Stakeholder Impact

• The transaction has a minor positive impact on stakeholders as it demonstrates the executive's alignment with the company's long-term success.

Key Dates

Keywords

Lazard Inc., Michael Gathy, Restricted Stock Units, RSU, Dividend Reinvestment, Beneficial Ownership, Form 4, Chief Accounting Officer