LegalZoom (LZ) director receives 35,585 RSUs in new equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamren Elizabeth reported acquisition or exercise transactions in this Form 4 filing.
LEGALZOOM.COM, INC. director Elizabeth Hamren received a grant of 35,585 restricted stock units (RSUs) of common stock at no cash cost. These RSUs vest in a single installment on the earlier of the day before LegalZoom’s next annual stockholder meeting or the one-year anniversary of the grant date, subject to her continued service. Following this award, she directly holds 125,665 shares or share-equivalent RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hamren Elizabeth
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 35,585 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 125,665 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant: 35,585 shares
Transaction price: $0.00 per share
Holdings after grant: 125,665 shares
3 metrics
RSU grant
35,585 shares
Restricted stock units granted on June 3, 2026
Transaction price
$0.00 per share
RSU grant recorded with no cash cost
Holdings after grant
125,665 shares
Total direct holdings following RSU award
Key Terms
restricted stock units ("RSUs"), annual meeting of stockholders, grant date
3 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") that vest in a single installment"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
annual meeting of stockholders regulatory
"on the day before the Issuer's next annual meeting of stockholders"
grant date financial
"the one-year anniversary of the grant date, subject to the Reporting Person's continuing service"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What insider transaction did LegalZoom (LZ) report for Elizabeth Hamren?
LegalZoom reported that director Elizabeth Hamren received 35,585 restricted stock units of common stock. The award was recorded at a price of $0.00 per share and increases her total direct holdings to 125,665 shares or share-equivalent RSUs.
What are the vesting terms of Elizabeth Hamren’s new LegalZoom (LZ) RSUs?
The 35,585 restricted stock units vest in a single installment. Vesting occurs on the earlier of the close of business on the day before LegalZoom’s next annual stockholder meeting or the one-year anniversary of the grant date, conditioned on her continued service.
Does Elizabeth Hamren pay cash for the newly granted LegalZoom (LZ) RSUs?
No, Elizabeth Hamren does not pay cash for these RSUs. The Form 4 lists the transaction price as $0.00 per share, indicating a grant or award of 35,585 restricted stock units rather than an open-market purchase of LegalZoom common stock.
How will Elizabeth Hamren’s LegalZoom (LZ) RSUs be settled at vesting?
Upon vesting, the restricted stock units are payable in an equivalent number of LegalZoom common shares. This means each vested RSU converts into one share of common stock, provided Hamren satisfies the continuous service condition through the vesting date.
Is this LegalZoom (LZ) Form 4 transaction an open-market buy or sell?
The transaction is a grant, coded as an acquisition (A), not an open-market trade. Elizabeth Hamren received 35,585 restricted stock units of LegalZoom common stock as an award, with no shares bought or sold on the public market in this filing.