STOCK TITAN

LegalZoom.com (LZ) COO-CFO sells stock in back-to-back August trades

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

LEGALZOOM.COM, INC. (LZ) reported that Chief Operating Officer & CFO Noel Bertram Watson sold a total of 500,000 shares of common stock in open-market or private transactions. On August 20, 2026, he sold 416,371 shares at a weighted average price of $5.91, in trades between $5.835 and $5.965. On August 21, 2026, he sold 83,629 shares at a weighted average price of $5.83, in trades between $5.80 and $5.88.

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Negative

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Insights

Analyzing...

Insider Watson Noel Bertram
Role Chief Operating Officer & CFO
Sold 500,000 shs ($2.95M)
Type Security Shares Price Value
Sale Common Stock F2 83,629 $5.83 $488K
Sale Common Stock F1 416,371 $5.91 $2.46M
Holdings After Transaction: Common Stock — 1,407,801 shares (Direct)
Footnotes (2)
  1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.835 to $5.965, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.80 to $5.88, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
Shares sold on August 20, 2026 416,371 shares Common Stock sale by Noel Bertram Watson at weighted average $5.91
Price range on August 20, 2026 $5.835 to $5.965 per share Multiple transactions; weighted average price $5.91
Shares sold on August 21, 2026 83,629 shares Common Stock sale by Noel Bertram Watson at weighted average $5.83
Price range on August 21, 2026 $5.80 to $5.88 per share Multiple transactions; weighted average price $5.83
Total shares sold 500,000 shares Aggregate of reported Common Stock sales in this Form 4
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Sale in open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
multiple transactions financial
"These shares were sold in multiple transactions at prices ranging from..."

FAQ

What insider transaction did LZ disclose for Noel Bertram Watson?

LZ disclosed that Noel Bertram Watson, Chief Operating Officer & CFO, sold a total of 500,000 shares of LegalZoom.com, Inc. common stock in two open-market or private transactions on August 20 and 21, 2026.

How many LZ shares did Noel Bertram Watson sell on August 20, 2026?

On August 20, 2026, Noel Bertram Watson sold 416,371 shares of LegalZoom.com, Inc. common stock at a weighted average price of $5.91 per share, with individual trades executed between $5.835 and $5.965.

How many LZ shares did Noel Bertram Watson sell on August 21, 2026?

On August 21, 2026, Noel Bertram Watson sold 83,629 shares of LegalZoom.com, Inc. common stock at a weighted average price of $5.83 per share, with individual trades executed between $5.80 and $5.88.

What was the total number of LZ shares sold by Noel Bertram Watson in this Form 4?

Across both reported transactions, Noel Bertram Watson sold a total of 500,000 shares of LegalZoom.com, Inc. common stock, based on the summarized transaction data.

Were Noel Bertram Watson’s LZ share sales reported as open-market transactions?

Yes. Each transaction was coded as S, described as a “Sale in open market or private transaction” for LegalZoom.com, Inc. common stock.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Watson Noel Bertram

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

(Street)
MOUNTAIN VIEW CALIFORNIA 94041

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LEGALZOOM.COM, INC. [ LZ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer & CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/20/2026S416,371D$5.91(1)1,491,430D
Common Stock08/21/2026S83,629D$5.83(2)1,407,801D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.835 to $5.965, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.80 to $5.88, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
Remarks:
/s/ Nicole Miller, Attorney-in-Fact for Noel Bertram Watson08/21/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)