SEC Form 4
Lazard, Inc. (LAZ) insider trading
In the 12 months to Oct 23, 2026, 2 LAZ insiders reported open-market sales of $8.7M across 3 filings; no open-market purchases were filed.
Latest filing · Last 12 months · Source: SEC EDGAR · How we count
- Open-market sales
- $8.7M
- 3 filings · 2 insiders
- Open-market purchases
- $0
- 0 filings
- Pre-arranged sales (10b5-1)
- 3 of 3
- All $8.7M sold was pre-arranged
Who traded LAZ, and when
- Sale
- Sale, pre-arranged (10b5-1)
LAZ daily close from Oct 23, 2025 to Oct 23, 2026, between $34.66 and $57.00, last $37.21. 3 sale and 0 purchase filings by 2 insiders, marked at their filing dates. Peter Richard Orszag, CEO & Chairman: sold $8.3M across 2 filings, first filed Mar 18, 2026, last Aug 26, 2026. Christopher Hogbin, CEO Asset Management: sold $473.6K across 1 filing, first filed Mar 19, 2026, last Mar 19, 2026.
Largest mark · tap a row for others
Peter Richard Orszag · CEO & Chairman
Sale $5,440,038
125,000 shares at $43.52 avg
Filed Aug 26, 2026 · traded Aug 25
Pre-arranged (10b5-1) · close on filing date $42.79
Peter Richard Orszag · CEO & Chairman
CEO & Chairman
$8.3M soldChristopher Hogbin · CEO Asset Management
CEO Asset Management
$473.6K soldHas Lazard, Inc.'s CEO sold stock?
Yes. Peter Richard Orszag (CEO) sold 194,170 shares ($8.3M) between Mar 2026 and Aug 2026, all under a pre-arranged 10b5-1 plan. Christopher Hogbin (CEO) sold 11,829 shares ($473.6K) in Mar 2026, all under a pre-arranged 10b5-1 plan.
Open-market trades
3 filings in the last 12 months| Insider | Role | Sold | Bought | Filings | Pre-arranged (10b5-1) | Last filed |
|---|---|---|---|---|---|---|
| Peter Richard Orszag | CEO & Chairman | $8.3M | — | 2 | 100% of sales | |
| Christopher Hogbin | CEO Asset Management | $473.6K | — | 1 | 100% of sales |
| Filed | Insider | Type | Shares | Avg price | Value | Held after | Source |
|---|---|---|---|---|---|---|---|
traded | Peter Richard Orszag CEO & Chairman | SalePre-arranged (10b5-1) | 125,000 | $43.52 | $5.4M | 260,942 | |
traded | Christopher Hogbin CEO Asset Management | SalePre-arranged (10b5-1) | 11,829 | $40.04 | $473.6K | 11,829 | |
traded | Peter Richard Orszag CEO & Chairman | SalePre-arranged (10b5-1) | 69,170 | $40.76 | $2.8M | 210,942 |
GET /stocks/filings/vX/form-4?tickers=LAZ&filing_date.gte=2025-10-23&sort=filing_date.desc&limit=500{
"status": "OK",
"results": [
{
"tickers": [
"LAZ"
],
"issuer_cik": "0001311370",
"owner_cik": "0001837678",
"accession_number": "0001628280-26-059145",
"form_type": "4",
"filing_date": "2026-08-26",
"period_of_report": "2026-08-24",
"issuer_name": "Lazard, Inc.",
"issuer_trading_symbol": "LAZ",
"owner_name": "Orszag Peter Richard",
"is_director": true,
"is_officer": true,
"is_ten_percent_owner": false,
"is_other": false,
"officer_title": "CEO & Chairman",
"security_type": "non_derivative",
"record_type": "transaction",
"security_title": "Common Stock",
"transaction_timeliness": "O",
"aff_10b5_one": true,
"transaction_date": "2026-08-25",
"transaction_code": "S",
"equity_swap_involved": false,
"transaction_shares": 125000,
"transaction_price_per_share": 43.5203,
"transaction_acquired_disposed": "D",
"shares_owned_following_transaction": 260942,
"transaction_value": 5440037.5,
"not_subject_to_section_16": false,
"direct_or_indirect": "D",
"footnotes": [
{
"id": "F4",
"description": "This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2025. Sales of shares pursuant to the plan are intended to cover estimated taxes and other personal expenditures."
},
{
"id": "F5",
"description": "The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on August 25, 2026 in trades with average execution prices ranging from $43.14 to $43.93 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."
}
]
},
{
"tickers": [
"LAZ"
],
"issuer_cik": "0001311370",
"owner_cik": "0002006999",
"accession_number": "0001628280-26-019947",
"form_type": "4",
"filing_date": "2026-03-19",
"period_of_report": "2026-03-17",
"issuer_name": "Lazard, Inc.",
"issuer_trading_symbol": "LAZ",
"owner_name": "Hogbin Christopher",
"is_director": false,
"is_officer": true,
"is_ten_percent_owner": false,
"is_other": false,
"officer_title": "CEO Asset Management",
"security_type": "non_derivative",
"record_type": "transaction",
"security_title": "Common Stock",
"transaction_timeliness": "O",
"aff_10b5_one": true,
"transaction_date": "2026-03-18",
"transaction_code": "S",
"equity_swap_involved": false,
"transaction_shares": 7885,
"transaction_price_per_share": 40.37,
"transaction_acquired_disposed": "D",
"shares_owned_following_transaction": 15773,
"transaction_value": 318317.44999999995,
"not_subject_to_section_16": false,
"direct_or_indirect": "D",
"footnotes": [
{
"id": "F4",
"description": "This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 11, 2025. Sales of shares pursuant to the plan are intended to cover estimated taxes\nand other personal expenditures."
}
]
}
]
}
// trimmed to 2 resultsThe response includes every Form 4 record; this page keeps open-market purchases and sales on common stock and removes duplicate joint-filer rows.
Other insider activity (not market trades) · 12 records
- Option exercises6 records
- Tax withholding4 records
- Other2 records
Reported on Form 4 but not purchases or sales in the market, so not counted in the totals above.
Build this yourself
This page joins two Massive endpoints: Form 4 filings and daily prices. Ask an agent to watch for new filings:
Using the Massive API (massive.com/docs/llms.txt), check Form 4 filings for LAZ every day with transaction_code=P and tell me when an insider files an open-market purchase, with their role, shares, price and the filing link.
How to read this page
- Open-market purchase or sale
- A buy or sell of the company's stock at market price. Grants, option exercises, shares withheld for tax, gifts and employee stock plan purchases are listed separately and not counted.
- Pre-arranged (10b5-1)
- The insider marked the filing as made under a trading plan set up in advance (SEC Rule 10b5-1). The mark covers the whole filing, and an unmarked filing may still be under a plan.
- Filing date
- Insiders have two business days to report a trade. Totals and the chart use the filing date, when the trade became public.