[144] LegalZoom.com, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 filed for LegalZoom.com, Inc. (LZ) reports a proposed sale of 27,319 common shares through Fidelity Brokerage Services on 08/25/2025 on NASDAQ, with an aggregate market value of $302,511.20. The filing shows these shares were acquired by restricted stock vesting from the issuer on 11/15/2023 (8,934 shares) and 02/15/2024 (18,385 shares) as compensation.

The document also discloses recent sales by the same person: 15,000 shares sold on 08/18/2025 for gross proceeds of $162,116.35 and 18,136 shares sold on 08/22/2025 for $200,103.39, totaling 33,136 shares sold in the past three months. The filer attests no undisclosed material adverse information and includes standard Rule 10b5-1 language.

Positive

• Compliance disclosure: Filing includes acquisition details, sale dates, broker, and gross proceeds for recent sales, meeting Rule 144 disclosure requirements
• Source of shares disclosed: Shares were acquired via restricted stock vesting as compensation on 11/15/2023 and 02/15/2024

Negative

• Insider selling activity: Recent sales total 33,136 shares in the past three months, and a further 27,319 shares are proposed to be sold, which may be viewed negatively by some investors
• Missing trading-plan detail: The filing does not specify a Rule 10b5-1 plan adoption date or provide details of any written trading plan

Insights

Securities Analyst

TL;DR Insider reported planned sale of 27,319 vested shares and completed recent sales totaling 33,136 shares.

The filing documents routine disposition of vested restricted stock acquired as compensation in 2023 and 2024. Sales were executed through a registered broker on NASDAQ with disclosed gross proceeds for the past transactions. For investors, insider selling can reflect liquidity needs rather than a change in company fundamentals; the amounts represent a small fraction of the issuer's reported outstanding shares (180,249,374).

Corporate Governance Expert

TL;DR Disclosure meets Rule 144 requirements and includes attestations regarding material non-public information.

The filing includes acquisition dates, nature of acquisition (restricted stock vesting), and payment nature (compensation), plus recent trades and planned sale date. The presence of Rule 10b5-1 language and signature attestation aligns with compliance norms. No indication of plan adoption date or trading plan details is provided in the filing.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	27319	302511.20	180249374	08/25/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/15/2023	Restricted Stock Vesting	Issuer			8934	11/15/2023	Compensation
Common	02/15/2024	Restricted Stock Vesting	Issuer			18385	02/15/2024	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Noel B. Watson Jr 954 Villa Street Mountain View CA 94041	Common	08/18/2025	15000	162116.35
Noel B. Watson Jr 954 Villa Street Mountain View CA 94041	Common	08/22/2025	18136	200103.39

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did the Form 144 filed for LegalZoom.com (LZ) disclose?

The filing discloses a proposed sale of 27,319 common shares on 08/25/2025 via Fidelity on NASDAQ and recent sales of 15,000 and 18,136 shares on 08/18/2025 and 08/22/2025 respectively.

How were the shares acquired that are being sold?

The shares were acquired through restricted stock vesting from the issuer as compensation on 11/15/2023 (8,934 shares) and 02/15/2024 (18,385 shares).

How much did the insider receive from recent sales?

The filing reports gross proceeds of $162,116.35 for 15,000 shares (08/18/2025) and $200,103.39 for 18,136 shares (08/22/2025).

Are these sales a large portion of the company?

The filing states 180,249,374 shares outstanding; the combined recent sales and proposed sale are a small fraction of total outstanding shares.

Does the filing indicate any undisclosed material information?

The filer attests by signature that they do not know any material adverse information about the issuer that has not been publicly disclosed.