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[Form 4] LegalZoom.com, Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Insider transaction summary for LegalZoom.com, Inc. (LZ): Jeffrey M. Stibel, who serves as Director and Chief Executive Officer, reported a disposition of 77,479 shares of the issuer's common stock on 08/15/2025. The Form 4 states the shares were automatically withheld upon the vesting of restricted stock units to satisfy the reporting person’s tax withholding obligations at a price of $10.72 per share. After the withholding transaction, Mr. Stibel is reported to beneficially own 2,486,401 shares directly and multiple additional indirect holdings through various trusts and investment vehicles, including Bryant-Stibel Fund I LLC and several named trusts. The filer disclaims beneficial ownership of certain trust holdings except to the extent of pecuniary interest.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine tax-withholding share disposition by CEO; ownership remains substantial and transaction is non-material for corporate control.

The Form 4 documents an automatic withholding of 77,479 shares tied to RSU vesting, executed at $10.72 per share. Such withholding to satisfy tax obligations is a common, non-discretionary event and typically does not reflect voluntary selling pressure. Post-transaction, Mr. Stibel retains a large direct stake of 2,486,401 shares and multiple indirect positions through funds and trusts, indicating continued alignment with shareholders. There is no indication of additional open-market sales or transfers that would suggest a change in control or liquidity event.

TL;DR: Disclosure is standard and properly notes indirect holdings and disclaimer; no governance red flags apparent.

The filing clearly identifies the reporting person’s roles and relationship to the issuer and discloses indirect holdings and a disclaimer of beneficial ownership for certain trust assets. The transaction code and explanatory note state the disposition was for tax withholding upon RSU vesting, consistent with Rule 16 reporting practices. Documentation is signed by an attorney-in-fact, meeting execution requirements. There are no timely indications of director departures, new compensation arrangements, or related-party transfers in this filing.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Stibel Jeffrey M

(Last) (First) (Middle)
954 VILLA STREET

(Street)
MOUNTAIN VIEW CA 94041

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LEGALZOOM.COM, INC. [ LZ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/15/2025 F 77,479(1) D $10.72 2,486,401 D
Common Stock 13,584 I By Bryant-Stibel Fund I LLC
Common Stock 294,326 I By Escondido Children's Trust(2)
Common Stock 537,779 I By Travron Trust(2)
Common Stock 2,807,719 I By CES 2020 Trust
Common Stock 2,807,719 I By JMS 2020 Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This transaction represents the automatic withholding of shares of the Issuer's common stock upon the vesting of restricted stock units in order to satisfy the Reporting Person's tax withholding obligations.
2. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
Remarks:
/s/ Michelle Sparks, Attorney-in-Fact for Jeffrey M. Stibel 08/19/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Jeffrey M. Stibel report on Form 4 for LZ?

The Form 4 reports a disposition of 77,479 shares on 08/15/2025 resulting from automatic withholding upon RSU vesting.

At what price were the shares withheld in the LZ Form 4 filing?

The shares were withheld at a price of $10.72 per share according to the filing.

How many shares does Jeffrey M. Stibel beneficially own after the reported transaction?

The filing reports 2,486,401 shares beneficially owned directly after the transaction, plus indirect holdings via trusts and funds.

Why were the 77,479 shares disposed of according to the Form 4?

The filing explains the transaction was an automatic withholding of shares to satisfy the reporting person’s tax withholding obligations upon RSU vesting.

Does the Form 4 indicate any admission of beneficial ownership for trust-held shares?

The reporting person disclaims beneficial ownership of certain securities except to the extent of his pecuniary interest, per the filing.
Legalzoom.Com, Inc.

NASDAQ:LZ

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1.79B
129.10M
4.44%
89.21%
5.97%
Specialty Business Services
Services-computer Processing & Data Preparation
Link
United States
MOUNTAIN VIEW