ORSZAG PETER RICHARD (CEO of Financial Advisory) sold 32.4% of their position (125K shares) of LAZARD, INC. on the open market
Open‑market sale worth $5.44M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 8/27/2026ACC: 0001628280-26-059145
Officer· CEO of Financial Advisory
Since Dec 2020
-200K
Net shares
Net seller
$5.44M
Total sold
1
Open market trades
0B · 1S
4
Total transactions
250K acquired · 450K disposed
Non-Derivative Transactions3
Common Stock
Direct
Shares
+250K
Price / share
—
Trade value
—
% of position
118.5%
8/24/2026
210.94K→460.94K
Common Stock
Direct
Shares
−75K
Price / share
—
Trade value
—
% of position
16.3%
8/24/2026
460.94K→385.94K
Common Stock
Direct
Shares
−125K
Price / share
$43.52
Trade value
$5.44M
% of position
32.4%
8/25/2026
385.94K→260.94K
Total
Net shares
+50K
Net value
-$5.44M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 8/24/2026 | M · Option Exercise | +250K | — | — | 118.5% | 210.94K | 460.94K |
| Common Stock Direct | 8/24/2026 | D · Disposition | −75K | — | — | 16.3% | 460.94K | 385.94K |
| Common Stock Direct | 8/25/2026 | S · Sale | −125K | $43.52 | $5.44M | 32.4% | 385.94K | 260.94K |
| Total | +50K | -$5.44M | ||||||
Derivative Transactions1
Stock Price Profits Interest Participation Rights
Direct
Converts to
Common Stock
250K shares
Shares
−250K
Strike price
Held after
1M
Exercisable
—
8/24/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Price Profits Interest Participation Rights Direct | Common Stock250K shares | 8/24/2026 | M · Option Exercise | −250K | — | 1M |