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  4. [Form 4] LEGALZOOM.COM, INC. Insider Trading Activity

LegalZoom (LZ) CLO Nicole Miller sells shares and covers taxes with stock

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

Rhea-AI Filing Summary

LEGALZOOM.COM, INC. Chief Legal Officer Nicole Miller reported two stock transactions. She sold 19,199 shares of common stock in an open-market sale at $6.58 per share, executed under a Rule 10b5-1 trading plan adopted on November 9, 2025.

Separately, 46,749 shares were automatically withheld at $6.00 per share to cover tax obligations upon the vesting of restricted stock units. After these transactions, she directly owns 1,119,222 shares of LegalZoom common stock, indicating she retains a substantial equity position in the company.

Positive

  • None.

Negative

  • None.
Insider Miller Nicole
Role CHIEF LEGAL OFFICER
Sold 19,199 shs ($126K)
Type Security Shares Price Value
Sale Common Stock 19,199 $6.58 $126K
Tax Withholding Common Stock 46,749 $6.00 $280K
Holdings After Transaction: Common Stock — 1,119,222 shares (Direct, null)
Footnotes (1)
  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. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 9, 2025.
Open-market sale 19,199 shares at $6.58 Common Stock sale on May 19, 2026
Tax-withholding shares 46,749 shares at $6.00 Automatic withholding on May 15, 2026
Shares owned after transactions 1,119,222 shares Direct ownership after reported transactions
Net open-market activity 19,199 net shares sold Net buy/sell direction classified as net-sell
Tax-withholding count 1 transaction, 46,749 shares Code F disposition for tax liabilities
Rule 10b5-1 trading plan financial
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 9, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"upon the vesting of restricted stock units in order to satisfy the Reporting Person's tax withholding obligations"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 Insider Transactions: What Each Field Means →
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).
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*
Miller Nicole
(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 LEGAL OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026		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 Stock05/15/2026F46,749(1)D$61,138,421D
Common Stock05/19/2026S19,199(2)D$6.581,119,222D
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. 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. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 9, 2025.
Remarks:
/s/ Michelle Sparks, Attorney-in-Fact for Nicole Miller05/19/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

How many LegalZoom (LZ) shares did Nicole Miller sell in the open market?

She sold 19,199 shares of LegalZoom common stock in an open-market transaction at $6.58 per share. This sale was reported as a non-derivative transaction and classified as a sale in the open market or a private transaction.

Were Nicole Miller’s LegalZoom (LZ) stock sales under a Rule 10b5-1 plan?

Yes. The filing states that Nicole Miller’s 19,199-share open-market sale was effected pursuant to a Rule 10b5-1 trading plan adopted on November 9, 2025, indicating the trade was pre-arranged rather than timed on a discretionary basis.

Why were 46,749 LegalZoom (LZ) shares disposed of by Nicole Miller?

The 46,749 shares were automatically withheld to cover Nicole Miller’s tax withholding obligations when restricted stock units vested. This tax-withholding disposition is not an open-market sale but a mechanism to satisfy tax liabilities using shares instead of cash.

How many LegalZoom (LZ) shares does Nicole Miller own after these transactions?

Following the reported sale and tax withholding, Nicole Miller directly owns 1,119,222 shares of LegalZoom common stock. This figure reflects her remaining equity stake after both the 19,199-share open-market sale and the 46,749-share tax-withholding disposition.

What do the Form 4 transaction codes S and F mean in the LegalZoom (LZ) filing?

Code S in the filing denotes a sale of common stock in the open market or a private transaction. Code F denotes a disposition of shares to pay an exercise price or satisfy tax liabilities, such as automatic share withholding on restricted stock unit vesting.