Key facts
- This page summarizes Kenneth M. Jacobs's Form 4 filing for Lazard, Inc. (LAZ).
- 6 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 05 Sep 2024, 17:09.
Kenneth M. Jacobs - 03 Sep 2024 Form 4 Insider Report for Lazard, Inc. (LAZ)
- Reporting relationship
- Executive Chairman, Director
- Issuer ticker
- LAZ
- Reported as of
- 03 Sep 2024
- Net transaction value
- -$9,093,610
- SEC form
- 4
- Accepted by SEC
- 05 Sep 2024, 17:09:25 UTC
- Prior SEC filing
- 27 Aug 2024
- Next SEC filing
- 03 Feb 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Kenneth M. Jacobs by Shari L. Soloway under a P of A
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Kenneth M. Jacobs filed Form 4 for Lazard, Inc. (LAZ) on 05 Sep 2024.
Change
- Previous filing in this sequence was filed on 27 Aug 2024.
- Current net transaction value: -$9,093,610.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
LAZ
transaction
Common Stock
Sale
- Transaction value
- $4,119,807
- Shares
- -85,740
- Change %
- -5.2%
- Price
- $48.05
- Shares after
- 1,555,255
- Date
- 03 Sep 2024
- Ownership
- Direct
- Footnotes
- F1, F2
LAZ
transaction
Common Stock
Sale
- Transaction value
- $99,978
- Shares
- -2,030
- Change %
- -0.13%
- Price
- $49.25
- Shares after
- 1,553,225
- Date
- 03 Sep 2024
- Ownership
- Direct
- Footnotes
- F1, F3
LAZ
transaction
Common Stock
Sale
- Transaction value
- $3,349,133
- Shares
- -69,701
- Change %
- -25%
- Price
- $48.05
- Shares after
- 206,309
- Date
- 03 Sep 2024
- Ownership
- By Trust
- Footnotes
- F1, F4, F5
LAZ
transaction
Common Stock
Sale
- Transaction value
- $99,978
- Shares
- -2,030
- Change %
- -0.98%
- Price
- $49.25
- Shares after
- 204,279
- Date
- 03 Sep 2024
- Ownership
- By Trust
- Footnotes
- F1, F3, F5
LAZ
transaction
Common Stock
Sale
- Transaction value
- $33,530
- Shares
- -700
- Change %
- -0.05%
- Price
- $47.90
- Shares after
- 1,552,525
- Date
- 04 Sep 2024
- Ownership
- Direct
- Footnotes
- F1
LAZ
transaction
Common Stock
Sale
- Transaction value
- $1,391,185
- Shares
- -28,803
- Change %
- -1.9%
- Price
- $48.30
- Shares after
- 1,523,722
- Date
- 04 Sep 2024
- Ownership
- Direct
- Footnotes
- F1, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 6 footnotes
Footnote F1
This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 1, 2024.
Footnote F2
The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on September 3, 2024 in trades with average execution prices ranging from $47.66 to $48.56, 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 ranges set forth in this report.
Footnote F3
The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on September 3, 2024 in trades with average execution prices ranging from $49.08 to $49.54, 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 ranges set forth in this report.
Footnote F4
The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on September 3, 2024 in trades with average execution prices ranging from $47.65 to $48.58, 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 ranges set forth in this report.
Footnote F5
The shares are held in the Kenneth M. Jacobs 2005 GRAT, of which the Reporting Person is a co-trustee.
Footnote F6
The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on September 4, 2024 in trades with average execution prices ranging from $48.06 to $48.98, 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 ranges set forth in this report.