Lazard (LAZ) Chief Accounting Officer Michael Gathy Receives RSUs

What Happened Michael Gathy, Chief Accounting Officer of Lazard, received a grant of 145 restricted stock units (RSUs) on August 14, 2026 (reported on Form 4 filed Aug 18, 2026). The award is reported as an "A" (grant/award); no per-share cash price or immediate market value is listed (N/A) because these are contingent RSUs rather than an open-market purchase.

Key Details

• Transaction date: August 14, 2026; Form 4 filed August 18, 2026.
• Transaction type/code: Grant/Award (A); 145 RSUs acquired (derivative).
• Vesting schedule: 67 RSUs vest on or about March 1, 2027; 58 on or about March 1, 2028; 20 on or about March 1, 2029.
• RSU mechanics: Each RSU represents a contingent right to one share of common stock. The 145 RSUs include additional RSUs issued under dividend-equivalent reinvestment provisions of underlying RSU awards.
• Holdings: The filing notes it excludes 1,438 shares of Lazard common stock directly or indirectly beneficially owned by the reporting person.

Context This was an equity award (RSUs), not an open-market buy or sale; RSUs convert to shares only as they vest per the schedule above. Awards like this are common for compensation and retention; they do not represent an immediate cash transaction or an outright purchase/sale in the market.