Lazard Ltd (LAZ) is a publicly traded company in the Unknown sector. Across all available filings, 24 corporate insiders have executed 615 transactions totaling $240.4M, demonstrating a bearish sentiment with -$240.1M in net insider flow. The most recent transaction on Sep 16, 2025 involved a sale of 32,475 shares valued at $1.8M.
No significant insider buying has been recorded for LAZ in the recent period.
No significant insider selling has been recorded for LAZ in the recent period.
Based on recent SEC filings, insider sentiment for LAZ is bearish with an Insider Alignment Score of 0/100 and a net flow of -$240.1M. Insiders are reducing their positions, though this can be driven by factors unrelated to company outlook.
Insider trading at Lazard Ltd (LAZ) refers to stock transactions made by corporate insiders—executives, directors, and beneficial owners holding more than 10% of the company's shares. These individuals have access to material non-public information and are required by law to report their trades to the SEC within two business days. Currently, 24 insiders are actively trading LAZ stock, having executed 615 transactions in the past 90 days. The most active insider is Kenneth M. Jacobs (Executive), who has made 110 transactions totaling $119.3M.
Get notified when executives and directors at LAZ file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Sep 16, 2025 | Richard Orszag Peter | Executive | Sale | 32,475 | $54.09 | $1.8M | Large |
| Sep 15, 2025 | Richard Orszag Peter | Executive | Disposition | 19,485 | $55.59 | $1.1M | Large |
| Sep 15, 2025 | Richard Orszag Peter | Executive | Option Exercise | 64,949 | $N/A | $0 | |
| Sep 11, 2025 | L. Russo Evan | Executive | Sale | 50,000 | $56.95 | $2.8M | Large |
| Sep 10, 2025 | Gathy Michael | Executive | Sale | 617 | $55.37 | $34.2K | |
| Sep 10, 2025 | L. Russo Evan | Executive | Sale | 25,000 | $55.71 | $1.4M | Large |
| Sep 9, 2025 | L. Russo Evan | Executive | Gift | 15,000 | $N/A | $0 | |
| Sep 13, 2024 | Richard Orszag Peter | Executive | Disposition | 67,500 | $46.10 | $3.1M | Large |
| Sep 13, 2024 | Richard Orszag Peter | Executive | Option Exercise | 84,633 | $N/A | $0 | |
| Sep 4, 2024 | M. Jacobs Kenneth | Executive | Sale | 700 | $47.90 | $33.5K | 10b5-1 |
| Sep 4, 2024 | M. Jacobs Kenneth | Executive | Sale | 28,803 | $48.30 | $1.4M | Large10b5-1 |
| Sep 3, 2024 | M. Jacobs Kenneth | Executive | Sale | 69,701 | $48.05 | $3.3M | Large10b5-1 |
| Sep 3, 2024 | M. Jacobs Kenneth | Executive | Sale | 2,030 | $49.25 | $100.0K | 10b5-1 |
| Sep 3, 2024 | M. Jacobs Kenneth | Executive | Sale | 85,740 | $48.05 | $4.1M | Large10b5-1 |
| Sep 3, 2024 | M. Jacobs Kenneth | Executive | Sale | 2,030 | $49.25 | $100.0K | 10b5-1 |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Sale(S) | 99 | $240.2M | 51.1% |
Disposition(D) | 54 | $139.0M | 29.6% |
Payment(F) | 86 | $86.0M | 18.3% |
Other(J) | 3 | $5.0M | 1.1% |
Purchase(P) | 2 | $133.9K | 0.0% |
Exercise(M) | 295 | $0 | 0.0% |
Gift(G) | 7 | $0 | 0.0% |
Award(A) | 37 | $0 | 0.0% |
Conversion(C) | 32 | $0 | 0.0% |
Insider selling pressure at Lazard Ltd has increased, with 24 insiders executing 615 transactions across all time. Total sales of $240.2M significantly outpace purchases of $133.9K, resulting in a net outflow of $240.1M. However, 40% of these transactions are pre-scheduled 10b5-1 plans, often used for tax planning or diversification rather than signaling negative outlook.