Lazard, Inc.·4

Jun 3, 4:39 PM ET

Achleitner Ann-Kristin 4

4 · Lazard, Inc. · Filed Jun 3, 2026

Research Summary

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Lazard (LAZ) Director Ann‑Kristin Achleitner Receives DSU Award

What Happened
Ann‑Kristin Achleitner, a director of Lazard, Inc. (LAZ), was granted 3,777 deferred stock units (DSUs) on June 1, 2026. The Form 4 reports the acquisition as a derivative award at $0.00 per unit (total reported value $0) under the company’s director compensation program.

Key Details

  • Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (timely filing).
  • Award: 3,777 DSUs; reported price: $0.00 (derivative grant, code A).
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnotes: (F1) DSUs awarded under Lazard’s 2018 Incentive Compensation Plan as part of Non‑Executive Director compensation. (F2) DSUs convert one-for-one into common stock only after the director resigns or otherwise ceases to be a board member.
  • This is a compensatory award (not an open-market purchase or sale).

Context
DSUs are a form of deferred compensation—they represent a future right to receive common shares (one share per DSU) when the director leaves the board, not immediate share ownership or cash. Such awards are routine for non‑executive director pay and typically reflect governance compensation practices rather than an executive trading signal.

Insider Transaction Report

Form 4
Period: 2026-06-01
Transactions
  • Award

    Deferred Stock Units

    [F1][F2]
    2026-06-01+3,77727,036 total
    Exercise: $0.00Common Stock (3,777 underlying)
Footnotes (2)
  • [F1]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.
  • [F2]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.
Signature
/s/ Ann-Kristin Achleitner by Shari L. Soloway under a P of A|2026-06-03

Documents

1 file
  • 4
    wk-form4_1780519177.xmlPrimary

    FORM 4