Form 4 for LAZ Lazard, Inc.
Accepted 2025-02-14 00:00:00 ET · period of report 2025-02-12 · accession 0001628280-25-005797 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2025-02-14 | 2025-02-12+ | LAZ | Russo Evan L | CEO of Asset Management | S - Sale | $53.54 | -65.0K | 19.3K | -77% | -$3.48M |
| M | 2025-02-14 | 2025-02-12+ | LAZ | Russo Evan L | CEO of Asset Management | S - Sale | $54.34 | -60.0K | 188.4K | -24% | -$3.26M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-02-12 | S | D | 50,000 | $53.40 | 34,336 | I | — | — | (F4) The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on February 12, 2025 in trades with average execution prices ranging from $53.25 to $53.60, inclusive. The Reporting Person undertakes to provide the issuer, any security holder of the issuer or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the price range set forth in this report. (F2) Amount excludes (i) 198,946 Restricted Participation Units directly beneficially owned by the reporting person, and (ii) 1,000,000 Stock Price Performance-based Restricted Participation Units directly beneficially owned by the reporting person. |
| 2 | Common | Common Stock | 2025-02-14 | S | D | 25,000 | $55.32 | 163,448 | D By LLC | — | — | (F3) The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on February 14, 2025 in trades with average execution prices ranging from $55.30 to $55.40, inclusive. The Reporting Person undertakes to provide the issuer, any security holder of the issuer or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the price range set forth in this report. (F2) Amount excludes (i) 198,946 Restricted Participation Units directly beneficially owned by the reporting person, and (ii) 1,000,000 Stock Price Performance-based Restricted Participation Units directly beneficially owned by the reporting person. (F5) The shares are held in Jamker Investments LLC, of which the Reporting Person is an authorized individual. Jamker Investments LLC is beneficially owned directly and indirectly (via a trust) by the Reporting Person. |
| 3 | Common | Common Stock | 2025-02-12 | S | D | 35,000 | $53.64 | 188,448 | D By LLC | — | — | (F1) The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on February 12, 2025 in trades with average execution prices ranging from $53.55 to $53.75, inclusive. The Reporting Person undertakes to provide the issuer, any security holder of the issuer or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the price range set forth in this report. (F2) Amount excludes (i) 198,946 Restricted Participation Units directly beneficially owned by the reporting person, and (ii) 1,000,000 Stock Price Performance-based Restricted Participation Units directly beneficially owned by the reporting person. (F5) The shares are held in Jamker Investments LLC, of which the Reporting Person is an authorized individual. Jamker Investments LLC is beneficially owned directly and indirectly (via a trust) by the Reporting Person. |
| 4 | Common | Common Stock | 2025-02-13 | S | D | 15,000 | $54.00 | 19,336 | I | — | — | (F2) Amount excludes (i) 198,946 Restricted Participation Units directly beneficially owned by the reporting person, and (ii) 1,000,000 Stock Price Performance-based Restricted Participation Units directly beneficially owned by the reporting person. |