Trade Summary
6 days ago, Orszag Peter Richard, serving as CEO, COB at Lazard, Inc. (LAZ), sold 69,170 shares at $40.76 per share, for a total transaction value of $2,819,274.00. Following this transaction, Orszag Peter Richard now holds 210,942 shares of LAZ.
This sale represents a 25.00% decrease in Orszag Peter Richard's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Tuesday, March 17, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, March 18, 2026, 1 day after the trade was made.
Lazard, Inc. operates in the FINANCIAL SERVICES sector, specifically within the CAPITAL MARKETS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.