STOCK TITAN

LegalZoom.com (LZ) COO-CFO sells 15,000 shares via 10b5-1

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

LEGALZOOM.COM, INC. Chief Operating Officer & CFO Noel Bertram Watson executed an open-market sale of 15,000 shares of common stock at a weighted average price of $6.9609 per share. The transaction occurred on February 18, 2026 and was carried out under a Rule 10b5-1 trading plan adopted on May 20, 2025.

After this planned sale, Watson directly holds 1,480,860 shares of LegalZoom common stock. The sale price reflected multiple trades within a range of $6.74 to $7.025 per share.

Positive

  • None.

Negative

  • None.
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).
X
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 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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer & CFO
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026
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 02/18/2026 S 15,000(1) D $6.9609(2) 1,480,860 D
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 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 20, 2025.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.74 to $7.025, 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/ Michelle Sparks, Attorney-in-Fact for Noel Bertram Watson 02/19/2026
** 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 insider transaction did LegalZoom (LZ) report for Noel Watson?

LegalZoom reported that Chief Operating Officer & CFO Noel Bertram Watson sold 15,000 shares of common stock. The sale was an open-market transaction under a pre-arranged Rule 10b5-1 trading plan and used a weighted average price based on multiple trades.

At what price did Noel Watson sell LegalZoom (LZ) shares?

Noel Watson’s 15,000 LegalZoom shares were sold at a weighted average price of $6.9609 per share. Individual trades occurred in a price range from $6.74 to $7.025, with the weighted figure reported as the transaction price for disclosure purposes.

Is Noel Watson’s LegalZoom (LZ) stock sale part of a 10b5-1 plan?

Yes. The sale of 15,000 LegalZoom common shares by Noel Watson was executed pursuant to a Rule 10b5-1 trading plan. That plan was adopted on May 20, 2025, allowing pre-scheduled trades independent of day-to-day market or personal timing decisions.

How many LegalZoom (LZ) shares does Noel Watson hold after the sale?

Following the 15,000-share sale, Noel Watson directly owns 1,480,860 shares of LegalZoom common stock. This post-transaction ownership figure reflects his remaining direct stake after the disclosed open-market transaction on February 18, 2026.

What does the price range mean in Noel Watson’s LegalZoom (LZ) filing?

The filing notes the reported $6.9609 price is a weighted average across multiple trades between $6.74 and $7.025 per share. LegalZoom’s CFO has offered to provide detailed breakdowns of share counts at each exact price within that range upon request.
Legalzoom.Com, Inc.

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1.25B
139.90M
Specialty Business Services
Services-computer Processing & Data Preparation
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United States
MOUNTAIN VIEW