Lazard (NYSE: LAZ) director receives 3,777 Deferred Stock Units as board pay

Rhea-AI Filing Summary

Lazard, Inc. director Ann-Kristin Achleitner received a grant of 3,777 Deferred Stock Units as part of the non-executive director compensation arrangement under the company’s 2018 Incentive Compensation Plan.

These DSUs will convert into an equal number of common shares after she leaves the Board, bringing her total deferred units to 27,036.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Achleitner Ann-Kristin

Role null

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	3,777	$0.00	--

Holdings After Transaction: Deferred Stock Units — 27,036 shares (Direct, null)

Footnotes (1)

1. Deferred Stock Units ("DSUs") were awarded under Lazard, Inc.'s 2018 Incentive Compensation Plan, as amended, as part of the Non-Executive Director Compensation arrangement. The DSUs will be converted into Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard, Inc.

Key Figures

Deferred Stock Units granted: 3,777 units Deferred Stock Units after grant: 27,036 units Underlying common shares: 3,777 shares

3 metrics

Deferred Stock Units granted 3,777 units Grant to director on 2026-06-01

Deferred Stock Units after grant 27,036 units Total DSUs held following transaction

Underlying common shares 3,777 shares Common stock issuable on 1:1 DSU conversion

Key Terms

Deferred Stock Units, 2018 Incentive Compensation Plan, Non-Executive Director Compensation, Board of Directors

4 terms

Deferred Stock Units financial

"Deferred Stock Units ("DSUs") were awarded under Lazard, Inc.'s 2018 Incentive Compensation Plan"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

2018 Incentive Compensation Plan financial

"DSUs were awarded under Lazard, Inc.'s 2018 Incentive Compensation Plan, as amended"

Non-Executive Director Compensation financial

"as part of the Non-Executive Director Compensation arrangement"

Board of Directors financial

"following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard, Inc."

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Achleitner Ann-Kristin

(Last) (First) (Middle)

C/O LAZARD, INC.

30 ROCKEFELLER PLAZA

(Street)

NEW YORK NEW YORK 10112

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Lazard, Inc. [ LAZ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units(1)	$0(2)	06/01/2026	06/01/2026	A		3,777		(2)	(2)	Common Stock	3,777	$0	27,036	D

Explanation of Responses:

1. Deferred Stock Units ("DSUs") were awarded under Lazard, Inc.'s 2018 Incentive Compensation Plan, as amended, as part of the Non-Executive Director Compensation arrangement.

2. The DSUs will be converted into Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard, Inc.

Remarks:

	/s/ Ann-Kristin Achleitner by Shari L. Soloway under a P of A	06/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Lazard (LAZ) report for Ann-Kristin Achleitner?

Lazard reported that director Ann-Kristin Achleitner received 3,777 Deferred Stock Units as a grant. The award was made under the 2018 Incentive Compensation Plan as part of the non-executive director compensation arrangement, increasing her total deferred units to 27,036.

What are Deferred Stock Units in the Lazard (LAZ) Form 4 filing?

Deferred Stock Units are rights to receive Lazard common stock in the future, on a one-for-one basis. In this filing, 3,777 DSUs were granted to a director as compensation, to be converted into common shares after she leaves the Board of Directors.

When will the Lazard (LAZ) Deferred Stock Units convert into common stock?

The Deferred Stock Units will convert into Lazard common stock after the director resigns from, or otherwise ceases to be a member of, the Board. Each DSU converts into one share of common stock at that time, according to the footnotes.

How many Deferred Stock Units does the Lazard (LAZ) director hold after this grant?

After the grant of 3,777 Deferred Stock Units, the director’s total holding of DSUs is 27,036. These units represent the right to receive an equal number of Lazard common shares once she no longer serves on the Board of Directors.

Under which plan were the Lazard (LAZ) Deferred Stock Units granted?

The Deferred Stock Units were awarded under Lazard, Inc.’s 2018 Incentive Compensation Plan, as amended. The grant forms part of the company’s Non-Executive Director Compensation arrangement, providing equity-based compensation linked to future common stock.