LegalZoom (LZ) executive lines up $488K stock sale after $2.46M in recent sales

Rhea-AI Filing Summary

LEGALZOOM.COM, INC. (symbol LZ) reports that officer Noel B. Watson Jr has filed a notice under Rule 144 to sell up to 83,629 shares of its common stock through Fidelity Brokerage Services LLC. The filing lists an aggregate market value of approximately $488,052.71 for the securities to be sold and shows that 171,264,812 shares of common stock were outstanding as of August 21, 2026. The notice also states that during the prior three months, Noel B. Watson Jr sold 416,371 shares of LegalZoom.com, Inc. common stock for total proceeds of $2,461,660.07.

Key Figures

Shares to be sold under Rule 144: 83,629 shares Aggregate market value of securities to be sold: $488,052.71 Shares outstanding: 171,264,812 shares +3 more

6 metrics

Shares to be sold under Rule 144 83,629 shares Maximum number of LegalZoom.com, Inc. common shares to be sold

Aggregate market value of securities to be sold $488,052.71 Value associated with the 83,629 shares covered by the Form 144

Shares outstanding 171,264,812 shares LegalZoom.com, Inc. common stock outstanding as of August 21, 2026

Shares sold in past 3 months 416,371 shares Shares of LegalZoom.com, Inc. common stock sold by Noel B. Watson Jr

Proceeds from past 3 months' sales $2,461,660.07 Total consideration for 416,371 shares sold

Acquisition date of restricted stock November 15, 2025 Date restricted stock vested as compensation from issuer

Key Terms

Rule 144, restricted stock vesting, aggregate market value, attorney-in-fact

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

restricted stock vesting financial

"Common | 11/15/2025 | Restricted Stock Vesting | Issuer"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

aggregate market value financial

"Common | Fidelity Brokerage Services LLC ... | 488052.71 | 171264812"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

attorney-in-fact regulatory

"as attorney-in-fact for Noel B. Watson Jr"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What does the Form 144 filing reveal about planned insider sales at LZ?

The Form 144 shows that officer Noel B. Watson Jr intends to sell up to 83,629 shares of LegalZoom.com, Inc. common stock under Rule 144 through Fidelity Brokerage Services LLC, with an aggregate market value listed at about $488,052.71.

How many LegalZoom (LZ) shares did Noel B. Watson Jr sell in the last 3 months?

Over the prior three months, Noel B. Watson Jr sold 416,371 shares of LegalZoom.com, Inc. common stock, for total proceeds of $2,461,660.07, according to the sales history disclosed in the Form 144 notice.

How many LegalZoom (LZ) shares are outstanding according to this filing?

The Form 144 lists 171,264,812 shares of LegalZoom.com, Inc. common stock as outstanding as of August 21, 2026; this figure provides a baseline for comparing the size of the planned Rule 144 sale.

What is the source and nature of the LegalZoom (LZ) shares in this Form 144?

The shares relate to restricted stock vesting acquired from the issuer (LegalZoom.com, Inc.) on November 15, 2025 as compensation, as described in the Securities To Be Sold section of the Form 144.

Who is executing the planned Rule 144 sale for LegalZoom (LZ) shares?

The planned sale of LegalZoom.com, Inc. common stock is to be executed through Fidelity Brokerage Services LLC, which is identified as the broker in the Form 144 filing and also provides an attorney-in-fact signatory for Noel B. Watson Jr.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/21/2026 - 04:28 PM Accepted by SEC EDGAR 08/21/2026 - 04:27 PM Learn about SEC filing dates

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	0001669081
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	LEGALZOOM.COM, INC.
SEC File Number	001-35618
Address of Issuer	954 VILLA STREET MOUNTAIN VIEW CALIFORNIA 94041
Phone	323-962-8600
Name of Person for Whose Account the Securities are To Be Sold	Watson Noel Bertram
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	Officer

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	83629	488052.71	171264812	08/21/2026	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	11/15/2025	Restricted Stock Vesting	Issuer			83629	11/15/2025	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	08/20/2026	416371	2461660.07

144: Remarks and Signature

Remarks
Date of Notice	08/21/2026
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	/s/ Adam Gehring, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Noel B. Watson Jr
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)