[144] LegalZoom.com, Inc. SEC Filing
LegalZoom.com, Inc. reported a Rule 144 notice for the proposed sale of 18,136 common shares held in a Fidelity brokerage account, with an aggregate market value of $200,103.39 based on the filing. The filing states approximately 180,249,374 shares outstanding and an approximate sale date of 08/22/2025 on NASDAQ. The shares were acquired through restricted stock vesting as compensation on 11/15/2023 (8,934 shares) and 02/15/2024 (9,202 shares). The filing also discloses a recent sale by the same person of 15,000 shares on 08/18/2025 for gross proceeds of $162,116.35. The signer attests there is no undisclosed material adverse information.
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Insights
TL;DR: Routine insider sale of vested compensation shares totaling 18,136 shares, disclosed under Rule 144; appears procedural.
The filing documents a planned sale of 18,136 common shares acquired from restricted stock vesting in 2023 and 2024, recorded through Fidelity and scheduled for 08/22/2025. A prior sale of 15,000 shares on 08/18/2025 generated $162,116.35. The transactions are disclosed under Rule 144, indicating compliance with resale restrictions. Amounts disclosed are specific and derive from compensation vesting rather than secondary market purchases.
TL;DR: Disclosure aligns with Rule 144 requirements; signer affirms no undisclosed material information.
The form includes acquisition dates, nature of acquisition (restricted stock vesting), and explicit representation that the seller is not aware of any material nonpublic information. The filing names the broker and provides share counts and aggregate values, satisfying standard transparency expectations for an insider sale notice.