Massivemarkets

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

LAZ daily closelast $37.21

Peter Richard Orszag · CEO & Chairman

$8.3M sold

Christopher Hogbin · CEO Asset Management

$473.6K sold
One row per insider; marks sit at the SEC filing date, sized by dollar value.

Has 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
InsiderRoleSoldBoughtFilingsPre-arranged (10b5-1)Last filed
Peter Richard OrszagCEO & Chairman$8.3M—2100% of sales
Christopher HogbinCEO Asset Management$473.6K—1100% of sales
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:

Agent prompt

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.