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[144] LegalZoom.com, Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

LegalZoom (ticker LZ) filed a Form 144 notifying a proposed sale of 24,250 common shares with an aggregate market value of $256,382.35 through Fidelity Brokerage Services. The planned sale date is 08/12/2025 on NASDAQ. The filing lists total shares outstanding of 180,249,374. The reported shares were issued as restricted stock vesting on 06/05/2024 (6,135), 08/15/2023 (2,380) and 06/05/2023 (15,735) and are described as compensation. The filer reported Nothing to Report for sales in the past three months and included the standard representation that they are not aware of any undisclosed material adverse information.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine Form 144 reporting an insider sale tied to vested compensation; disclosure appears informational and likely not market-moving.

The filing documents a proposed sale of 24,250 LegalZoom common shares valued at $256,382.35 via Fidelity, with a planned sale date of 08/12/2025 on NASDAQ. The shares originated from restricted stock vesting events in 2023 and 2024 and are listed as compensation. No sales were reported in the prior three months. From a securities perspective this is a standard compliance filing to notify the market of a planned insider sale; the disclosure is specific and contains no operational or financial data beyond the sale mechanics.

TL;DR: Transaction appears to be compensation monetization; filing shows routine representations and no immediate governance concerns.

The notice identifies the shares as coming from restricted stock vesting (dates and amounts provided) and includes the standard attestation that the seller is unaware of undisclosed material adverse information. The filing does not state any adoption date for a Rule 10b5-1 trading plan. There are no disclosures of prior sales in the past three months. Based on the information provided, this filing raises no governance red flags but should be viewed as routine insider monetization of vested compensation.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What did LegalZoom (LZ) file?

LegalZoom filed a Form 144, a notice of proposed sale of securities under Rule 144.

How many shares is the filer proposing to sell and what is the value?

The filer proposes to sell 24,250 common shares with an aggregate market value of $256,382.35.

When and where is the sale planned?

The planned sale date is 08/12/2025 and the securities are to be sold on NASDAQ.

Through which broker will the shares be sold?

The broker named is Fidelity Brokerage Services LLC (address listed in the filing).

Where did the shares come from?

The shares arose from restricted stock vesting: 06/05/2024 (6,135), 08/15/2023 (2,380), and 06/05/2023 (15,735), described as compensation.

Were any securities sold by the filer in the past three months?

The filing reports Nothing to Report for securities sold during the past three months.
Legalzoom.Com, Inc.

NASDAQ:LZ

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Specialty Business Services
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United States
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