Peter Richard Orszag sold $5.4M of LAZ
CEO & Chairman at Lazard Ltd. 125,000 shares at an average of $43.52, traded Aug 25, 2026, filed Aug 26, 2026.
Score components
- +25RoleCEO
- +25Trade size$5.4M at market
- +10Share of holdings soldSold 32% of holdings
- 0ClusterNo other insider selling within 14 days
- -15Exercise and sellShares came from an option exercise in the same filing
- -2010b5-1 planPre-scheduled under a 10b5-1 plan
What happened after comparable sells
Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.
Price around the trade, and since
From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™
Rows in this filing
Every transaction in Form 4 0001628280-26-059145, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Aug 24, 2026 | MOption exercise Common Stock10b5-1 | +250,000 | - | - | 460,942 | Aug 26, 2026 |
| Aug 24, 2026 | DDisposition to issuer Common Stock10b5-1 | -75,000 | - | - | 385,942 | Aug 26, 2026 |
| Aug 25, 2026 | SOpen-market sale Common Stock10b5-1 | -125,000 | $43.52 | $5.4M | 260,942 | Aug 26, 2026 |
| Aug 24, 2026 | MOption exercise Stock Price Profits Interest Participation Rightsderivative10b5-1 | -250,000 | - | - | 1,000,000 | Aug 26, 2026 |
Related signals
Other insiders at Lazard Ltd and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 35Weak | Lazard Ltd | Christopher Hogbin CEO Asset Management | $474k 11,829 shares | -50% | |
| 28Weak | Lazard Ltd | Peter Richard Orszag CEO & Chairman | $2.8M 69,170 shares | -25% | |
| 35Weak | Lazard Ltd | Peter Richard Orszag CEO & Chairman | $1.8M 32,475 shares | -15% | |
| 56Moderate | Lazard Ltd | Michael Gathy Chief Accounting Officer | $34k 617 shares | -100% | |
| 70Notable | Lazard Ltd | Evan L Russo CEO of Asset Management | $4.2M 75,000 shares | -25% | |
| 55Moderate | LAZsell Lazard Ltd | Alexandra Soto Chief Operating Officer | $3.8M 85,894 shares | -43% | |
| 30Weak | Lazard Ltd | Kenneth M Jacobs Executive Chairman | $9.1M 189,004 shares | -12% | |
| 25Weak | Lazard Ltd | Kenneth M Jacobs Executive Chairman | $7.2M 142,996 shares | -8% | |
| 30Weak | Lazard Ltd | Kenneth M Jacobs Executive Chairman | $15M 334,000 shares | -17% | |
| 25Weak | Lazard Ltd | Kenneth M Jacobs Executive Chairman | $3.0M 74,395 shares | -4% |
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.