{"schema_version":"secwatch.filing_event.v1","accession":"0000950157-23-000903","form_type":"8-K","ticker":"LAZ","cik":"0001311370","company_name":"Lazard, Inc.","filed_at":"2023-08-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.535298+00:00","generated_at":"2026-06-11T03:21:58.409345+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Lazard grants $33.9M performance-based equity to CEO Orszag and asset mgmt head Russo; CFO Betsch gets retention deal","bullets":["PRPU grants to Orszag ($18.8M) and Russo ($15.1M) vest upon stock price milestones: +25% (3yr), +50% (5yr), +100% (7yr).","CFO Betsch retention agreement through Aug 2026: $750k base salary, 2x severance, non-compete for 6 months.","Director Richard N. Haass resigns from board effective Aug 24, 2023.","On qualifying termination without cause, unvested PRPUs prorated and remain eligible to vest prior to expiry."],"urls":{"canonical":"https://secwatch.observer/filing/0000950157-23-000903","json":"https://secwatch.observer/filing/0000950157-23-000903.json","markdown":"https://secwatch.observer/filing/0000950157-23-000903.md","text":"https://secwatch.observer/filing/0000950157-23-000903.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1311370/000095015723000903/0000950157-23-000903-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1311370/000095015723000903/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T03:21:58.409345+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}