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Close of Nov 06, 2026 · end-of-day data
LAZ 8-K filings in 2026
Every material Form 8-K Lazard filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Lazard filed a prospectus supplement covering the possible resale of up to 9,416,817 common shares issued to sellers in its previously announced acquisition of Campbell Lutyens Holdings Limited. The filing is administrative and sets up potential sales of these shares by the selling stockholders, which could add to the number of shares available in the market.
Prospectus supplement under Rule 424(b) filed November 6, 2026, covering up to 9,416,817 shares of common stock
Sullivan & Cromwell LLP opinion on share validity filed as Exhibit 5.1
Lazard, Inc. has completed its acquisition of Campbell Lutyens and launched Lazard CL, a combined private capital advisory business. The transaction expands Lazard's private capital advisory and secondary fundraising capabilities, with management anticipating approximately $500 million in combined revenue in 2027.
The acquisition closed on November 2, 2026, establishing Lazard CL as a combined private capital advisory business.
Lazard CL anticipates generating approximately $500 million in combined revenue in 2027.
The business brings together more than 300 advisory professionals across 19 offices globally.
The companies have collectively advised on more than $1 trillion of primary capital raised and secondary transaction volume over the past four decades.
Lazard reported third-quarter 2026 U.S. GAAP net revenue of $814 million, up 9% from a year earlier, with record Financial Advisory revenue for the quarter. Net income attributable to Lazard fell 59% to $29 million, and diluted earnings per share fell 60% to $0.26, so higher revenue did not carry through to shareholder profit.
Q3 2026 GAAP net revenue was $814 million, up 9% from $748 million; adjusted net revenue was $805 million, up 11%.
Q3 2026 GAAP diluted EPS was $0.26 versus $0.65; adjusted diluted EPS was $0.36 versus $0.56.
Nine-month 2026 GAAP net revenue was $2,378 million, up 8%, while diluted EPS was $1.20 versus $1.72.
A quarterly dividend of $0.50 per share was declared October 21, 2026, payable November 13, 2026.
Michael Gathy told Lazard on October 12, 2026 that he will resign as Chief Accounting Officer and principal accounting officer to pursue other opportunities, effective December 11, 2026. CFO Tracy Farr will take on the principal accounting officer role on that date, at no additional compensation, so the change is an executive transition in the accounting function rather than a change in company financial results.
Gathy informed the company on October 12, 2026 and resigns effective December 11, 2026
CFO Tracy Farr will assume the principal accounting officer role as of the effective date
Farr will receive no additional compensation for the added role
The filing reports no arrangements with other persons or related-party transactions for Farr
Lazard reported second-quarter 2026 net revenue of $808 million, up 1% from a year earlier, while U.S. GAAP net income fell 91% to $5 million, or $0.03 per share diluted. The company cited an elevated tax rate and said adjusted net income was $13 million, or $0.12 per share. The board also declared a $0.50 quarterly dividend and authorized an additional $200 million in share repurchases.
Net revenue $808 million vs. $796 million a year earlier; Financial Advisory fell 9% to $450 million while Asset Management rose 20% to $351 million.
U.S. GAAP diluted EPS $0.03 vs. $0.52 in Q2 2025; adjusted diluted EPS $0.12 vs. $0.52.
On July 22, 2026, the board authorized $200 million in additional buybacks and declared a $0.50 per share dividend payable August 14, 2026 to holders of record on August 3, 2026.
Cash and cash equivalents were $1,100 million as of June 30, 2026.
Lazard, Inc. said director Andrew M. Alper retired from its Board, including all committees, effective July 7, 2026, and that Kathy Elsesser, a former Goldman Sachs partner, joined the Board the same day. Ms. Elsesser was also appointed to the Compensation Committee and will chair it once Mr. Alper's retirement takes effect. The filing describes the retirement as not the result of any disagreement with the company.
Andrew M. Alper retired from the Board and its committees, effective July 7, 2026, after more than 13 years of service.
Kathy Elsesser joined the Board effective July 7, 2026, after the Board elected her on July 2, 2026.
Ms. Elsesser joined the Compensation Committee and will chair it upon Mr. Alper's retirement.
Ms. Elsesser also serves on the Board of TPG Inc. and retired from the Goldman Sachs Partnership in 2023.
Lazard, Inc. agreed to acquire all issued share capital of Campbell Lutyens Holdings Limited under a Sale and Purchase Agreement dated April 30, 2026, with total transaction consideration of $575 million. The company said part of the consideration will be paid in Lazard common stock, which will be issued in an unregistered sale, and that the deal is expected to be accretive to 2027 earnings and thereafter; closing is expected in the second half of 2026, subject to regulatory approvals.
Total transaction consideration of $575 million: $460 million initial and $115 million deferred
Up to $85 million additional consideration tied to defined performance criteria over a multi-year period
Stock makes up part of the consideration, and a material portion of the stock is subject to a lock-up of up to 3 years
Expected to close in the second half of 2026, subject to regulatory approvals and other customary closing conditions
Lazard reported first-quarter 2026 U.S. GAAP net revenue of $757 million, up 17% from a year earlier, and GAAP diluted EPS of $0.91, up from $0.56. On an adjusted basis, net revenue rose 5% to $673 million, but adjusted diluted EPS fell 25% to $0.42, with Financial Advisory revenue down and Asset Management revenue up. Shareholders also get a quarterly dividend of $0.50 per share and an announced agreement to acquire Campbell Lutyens, expected to close in the second half of 2026.
GAAP net income was $101 million, or $0.91 per diluted share, versus $60 million, or $0.56, a year earlier; the filing cites a non-cash gain on the Edgewater management vehicles sale within GAAP net revenue.
Adjusted net income was $47 million, or $0.42 per diluted share, down from $60 million, or $0.56, a year earlier.
Financial Advisory net revenue was $360 million, down 2% year-over-year; Asset Management net revenue was $410 million, up 42%.
Board declared a $0.50 quarterly dividend, payable May 22, 2026, to holders of record on May 11, 2026.
Lazard, Inc. appointed Tracy Farr, a Managing Director in its Capital Structure Advisory group, as Chief Financial Officer effective February 1, 2026. Mary Ann Betsch steps down as CFO and serves as Senior Advisor to the CEO through June 30, 2026, when her service ends. The filing reports no financial results; the press release says fourth quarter and full year 2025 results were announced the same day, but the figures are not included in this filing.
Farr's salary rises to $750,000 and he is eligible for a discretionary annual bonus set by the Compensation Committee.
Betsch will receive a full 2025 annual bonus equal to her 2024 bonus, but no pro rata bonus for 2026.
Lazard expects deferred incentive awards originally due to vest March 1, 2026 to vest and settle on one or more earlier dates in February 2026.
Farr must give three months' written notice to terminate his employment.
Lazard reported fourth-quarter 2025 net revenue of $907 million, up 11% from a year earlier, while U.S. GAAP net income fell 42% to $50 million. Adjusted diluted EPS rose 3% to $0.80, and the company also named Tracy Farr as Chief Financial Officer. The mixed results matter to shareholders because GAAP earnings declined even as revenue grew.
Q4 2025 U.S. GAAP net revenue was $907 million, up 11%; full-year net revenue was $3,099 million, up 2%
Q4 2025 U.S. GAAP diluted EPS was $0.45, down 44%; adjusted diluted EPS was $0.80, up 3%
Full-year 2025 U.S. GAAP diluted EPS was $2.17, down 19%; adjusted diluted EPS was $2.44, up 4%
Tracy Farr was appointed Chief Financial Officer; a quarterly dividend of $0.50 per share was declared, payable February 20, 2026
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Lazard filing is on SEC EDGAR ↗. 8-K briefs of other companies →