LAZ Lazard, Inc.

NYSE
$41.10

Lazard, Inc. (LAZ) Insider Activity

What the officers, directors and large holders did with their own shares. Only open-market purchases and sales count toward the totals — grants, option exercises and shares withheld for tax are compensation mechanics, not decisions, and they're listed separately below.

Insider signal Moderately bearish Selling ran elevated versus LAZ's own trailing one-year pace, with 100% of sale value under a prearranged plan.
Cluster activity 0 buyers in the last 30 days 0 buyers in the last 90 days 1 seller in the last 90 days
Insiders buying
0
0 transactions
Insiders selling
2
5 transactions
Purchases
$0
0 shares
Sales
$8.7M
205,999 shares
Net activity
-$8.7M
purchases less sales

How much of that selling was preplanned? 100% planned / 0% discretionary

10b5-1 plan sales $8.7M 5 transactions · 205,999 shares
Discretionary sales $0 0 transactions · 0 shares

Largest single sale: $5.4M.

Where they traded

Buy Sell Dot area is proportional to transaction value.

No open-market insider purchase on record.

Recent open-market activity

Date Insider Role Action Shares Price Value Held after
Orszag Peter Richard CEO & Chairman Sell 10b5-1 125,000 $43.52 $5.4M 260,942 −32.4% of holding
Hogbin Christopher CEO Asset Management Sell 10b5-1 3,944 $39.37 $155.3K 11,829 −25% of holding
Hogbin Christopher CEO Asset Management Sell 10b5-1 7,885 $40.37 $318.3K 15,773 −33.3% of holding
Orszag Peter Richard 2 fills CEO & Chairman Sell 10b5-1 69,170 $40.76 $2.8M 212,942 −24.5% of holding

Form 4s are due within two business days of a transaction, so this is close to real time — unlike the quarterly 13F data on the Institutional tab. A single large sale often reflects a prearranged 10b5-1 plan rather than a fresh view, so read a pattern of sales rather than any one of them.