Hogbin Christopher 4

What Happened
Christopher Hogbin, Lazard's CEO of Asset Management, was granted 2,984 restricted stock units (RSUs) on February 20, 2026. The award is reported as a derivative acquisition at $0.00 per unit (a grant rather than an open-market purchase or sale). Each RSU represents a contingent right to one share of Lazard common stock.

Key Details

• Transaction date: 2026-02-20; filing date: 2026-02-23 (Form 4 accession 0001628280-26-010737).
• Transaction type/code: A (Award/Grant) of 2,984 RSUs at $0.00 (derivative award).
• Shares owned after transaction: not disclosed in the filing.
• Footnotes: (F1) These RSUs were acquired via dividend equivalent reinvestment tied to underlying RSU awards. (F2) Each RSU converts to one share upon settlement. (F3) Vesting schedule — 467 RSUs vest ~Mar 16, 2026; 840 vest ~Mar 18, 2027; 840 vest ~Mar 20, 2028; 837 vest ~Mar 22, 2029.
• No indication in the filing of a 10b5-1 plan, tax withholding sale, or late filing notation.

Context
This was a compensation-related award (RSUs) rather than a market purchase or sale. RSUs are contingent rights to receive shares if/when they vest and typically reflect executive compensation or dividend reinvestment elections; they do not by themselves signal an immediate buy/sell in the open market.