Lazard CEO, Chairman Peter Orszag disposes of 200,000 common shares for USD 8.7 million
LAZ•Orszag trims Lazard stake after August transactions
Lazard CEO and Chairman Peter Richard Orszag cut his stake to 260,942 shares following transactions dated Aug. 24-25.
- Orszag acquired 250,000 shares on Aug. 24 via an exchange of Stock Price Profits Interest Participation Rights.
- He disposed of 200,000 shares, including 125,000 sold on Aug. 25 at a weighted average price of USD 43.52.
