A Lazard (LAZ) Insider Sold 11,800 Shares for $474,000

Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($40.04); post-transaction worth based connected March 19, 2026, marketplace adjacent ($39.25).

• What was the operation and rationale for these transactions?
  The enactment progressive the workout of 48,332 options, with 11,829 shares sold and 24,674 shares withheld for taxes—both actions reflecting nonstop absorption of equity compensation and liquidity needs.

• How did this merchantability interaction Hogbin's ownership successful Lazard?
  The transaction reduced Hogbin's nonstop Common Stock holdings by 75.5% to 11,829 shares, though full beneficial ownership remains materially higher owed to 260,989 RSUs outstanding.

• Did the transaction impact immoderate indirect ownership oregon related entities?
  No indirect holdings oregon entity-level transactions were reported; each shares traded and disposed of were held straight by Hogbin.

• What is the ongoing vulnerability aft the sale?
  Despite the merchantability of Common Stock, Hogbin's continuing presumption comprises 11,829 shares straight positive 260,989 RSUs, which whitethorn person to communal banal and correspond important imaginable aboriginal equity exposure.

* 1-year terms show calculated utilizing March 27, 2026 arsenic the notation date.

• Offers fiscal advisory services, including M&A, restructurings, superior and shareholder advisory, arsenic good arsenic plus absorption solutions crossed equity, fixed income, and alternate investments.

• Generates gross done advisory fees and plus absorption fees, leveraging a dual-segment exemplary focused connected some strategical fiscal guidance and concern management.

• Serves a planetary lawsuit basal of corporations, governments, sovereign entities, institutions, endowments, and high-net-worth individuals.

Lazard operates arsenic a starring planetary fiscal advisory and plus absorption firm, with a diversified gross basal and planetary presence. The company’s strategy centers connected providing high-value advisory services and concern solutions to a wide array of organization and governmental clients. Lazard's competitory borderline is rooted successful its heavy assemblage expertise and established lawsuit relationships crossed large planetary markets.