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  4. [144] LEGALZOOM.COM, INC. SEC Filing

LegalZoom (NASDAQ: LZ) director to sell 416K shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

LEGALZOOM.COM, INC. (LZ) director Noel B. Watson Jr filed a Rule 144 notice covering a proposed sale of 416,371 shares of common stock of LegalZoom.com, Inc. through Fidelity Brokerage Services LLC. The filing lists an aggregate market value of approximately $2,461,660.18 for these shares and an approximate sale date of August 20, 2026, with the shares listed on NASDAQ. LegalZoom.com, Inc. reports 171,264,812 common shares outstanding, a baseline figure separate from the shares covered by this notice. The shares to be sold were acquired mainly through restricted stock vesting between May 2023 and August 2026 and an ESPP purchase in November 2025.

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Shares to be sold 416,371 shares of common stock Number of LegalZoom.com, Inc. shares covered by the Rule 144 notice
Aggregate market value $2,461,660.18 Aggregate market value of the 416,371 shares to be sold
Shares outstanding 171,264,812 shares LegalZoom.com, Inc. common shares outstanding as reported in the Form 144
Approximate sale date 08/20/2026 Approximate date of sale for the shares to be sold under Rule 144
Restricted stock vesting lot 221,821 shares Largest single restricted stock vesting lot on 11/15/2025
ESPP purchase 1,026 shares ESPP purchase from issuer on 11/14/2025
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 | 05/15/2023 | 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.
ESPP Purchase financial
"Common | 11/14/2025 | ESPP Purchase | Issuer"
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 did LEGALZOOM.COM, INC. (LZ) disclose in this Form 144 filing?
The filing states that director Noel B. Watson Jr intends to sell up to 416,371 shares of LegalZoom.com, Inc. common stock under Rule 144, through Fidelity Brokerage Services LLC, with an approximate sale date of August 20, 2026.

How many LZ shares are covered by Noel B. Watson Jr’s planned Rule 144 sale?
The notice covers 416,371 shares of common stock of LegalZoom.com, Inc. This amount is the number of shares to be sold reported in the Form 144 securities information section.

What is the aggregate market value of the LZ shares in this Form 144?
The Form 144 lists an aggregate market value of $2,461,660.18 for the 416,371 LegalZoom.com, Inc. common shares covered by the planned sale.

When is the planned sale date for the LZ shares under this Form 144?
The filing indicates an approximate date of sale of August 20, 2026 for the LegalZoom.com, Inc. common shares to be sold under Rule 144.

How were the LZ shares in this Form 144 acquired by Noel B. Watson Jr?
The shares were acquired primarily through restricted stock vesting on several dates from May 15, 2023 to August 15, 2026, plus an ESPP purchase on November 14, 2025, all from the issuer as reported.

How many LegalZoom.com, Inc. shares are outstanding according to this filing?
The Form 144 reports that 171,264,812 shares of common stock of LegalZoom.com, Inc. were outstanding. This is a company-wide baseline figure and is separate from the 416,371 shares covered by the planned sale.

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

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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

Source: View Original Filing on SEC EDGAR