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sellWeak10b5-1 plan

Kenneth M Jacobs sold $10M of LAZ

Executive Chairman at Lazard Ltd. 259,605 shares at an average of $40.20, traded May 31, 2024, filed Jun 4, 2024.

Warning score
30
Value
$10M
259,605 shares
Holdings after
485,567
-12% from before
From 52-week low
+56%
low $23.45, close $36.66
From 52-week high
-3%
high $37.91, as of May 31, 2024

Score components

  • Role
    Chair
    +20
  • Trade size
    $10.4M at market
    +25
  • Share of holdings sold
    Sold 12% of holdings
    +5
  • Cluster
    No other insider selling within 14 days
    0
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

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.

This signal so far: 1m -0.7%, 3m +24.2%, 6m +47.1%.

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.

LAZOct 12, 2026 · close 37.05
Since filing Jun 4, 2024: +3.5%SPY +51.6% · excess -48.1%

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 0001628280-24-026745, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
May 31, 2024SOpen-market sale
Common Stock10b5-1
-152,272$40.20$6.1M1,991,450Jun 4, 2024
May 31, 2024SOpen-market sale
Common Stock10b5-1
-1,859$41.21$77k1,989,591Jun 4, 2024
Jun 3, 2024SOpen-market sale
Common Stock10b5-1
-6,762$40.00$270k1,982,829Jun 4, 2024
May 31, 2024SOpen-market sale
Common Stockindirect: By Trust10b5-1
-93,422$40.20$3.8M490,857Jun 4, 2024
May 31, 2024SOpen-market sale
Common Stockindirect: By Trust10b5-1
-1,141$41.21$47k489,716Jun 4, 2024
Jun 3, 2024SOpen-market sale
Common Stockindirect: By Trust10b5-1
-4,149$40.00$166k485,567Jun 4, 2024

Related signals

Other insiders at Lazard Ltd and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
25Weak
LAZsell10b5-1
Lazard Ltd
Peter Richard Orszag
CEO & Chairman
$5.4M
125,000 shares
-32%
35Weak
LAZsell 210b5-1
Lazard Ltd
Christopher Hogbin
CEO Asset Management
$474k
11,829 shares
-50%
28Weak
LAZsell 210b5-1
Lazard Ltd
Peter Richard Orszag
CEO & Chairman
$2.8M
69,170 shares
-25%
35Weak
LAZsell 310b5-1
Lazard Ltd
Peter Richard Orszag
CEO & Chairman
$1.8M
32,475 shares
-15%
56Moderate
LAZsell 3
Lazard Ltd
Michael Gathy
Chief Accounting Officer
$34k
617 shares
-100%
70Notable
LAZsell 3
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
LAZsell10b5-1
Lazard Ltd
Kenneth M Jacobs
Executive Chairman
$9.1M
189,004 shares
-12%
25Weak
LAZsell10b5-1
Lazard Ltd
Kenneth M Jacobs
Executive Chairman
$7.2M
142,996 shares
-8%
30Weak
LAZsell10b5-1
Lazard Ltd
Kenneth M Jacobs
Executive Chairman
$15M
334,000 shares
-17%

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.

Kenneth M Jacobs sold $10M of LAZ | InsiderTell