LegalZoom.com (LZ) COO-CFO sells stock in back-to-back August trades
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 Trade Summary
Net Seller: 500,000 shares
Net Sell
2 txns
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)
- 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.
- 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.
Key Figures
Shares sold on August 20, 2026: 416,371 shares
Price range on August 20, 2026: $5.835 to $5.965 per share
Shares sold on August 21, 2026: 83,629 shares
+2 more
5 metrics
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
Key Terms
weighted average price, Sale in open market or private transaction, multiple transactions
3 terms
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.