At what prices were Noel Bertram Watson’s LegalZoom.com (LZ) share transactions executed?

The tax-related share withholding and open market sale occurred at different prices. The 318,901 shares withheld on 11/15/2025 were valued at $10.01 per share. The 15,000 shares sold on 11/18/2025 were executed at a weighted average price of $9.5641 per share, with individual trades ranging from $9.41 to $9.70.

LegalZoom (LZ) COO & CFO Files Form 4 for Stock Withholding and Sale

Q: Was the LegalZoom.com (LZ) insider sale made under a Rule 10b5-1 trading plan?

Yes. The sale of 15,000 LegalZoom.com common shares reported on 11/18/2025 was effected pursuant to a Rule 10b5-1 trading plan adopted by Noel Bertram Watson on May 20, 2025. The form also allows indication that a transaction may be intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

LegalZoom.com, Inc. (LZ) Chief Operating Officer & CFO Noel Bertram Watson reported equity transactions involving company common stock. On 11/15/2025, 318,901 shares of common stock were automatically withheld upon vesting of restricted stock units to cover tax withholding obligations at a price of $10.01 per share. On 11/18/2025, Watson sold 15,000 shares of common stock at a weighted average price of $9.5641 per share, under a Rule 10b5-1 trading plan adopted on May 20, 2025. Following these transactions, Watson beneficially owned 1,551,582 shares, which include 1,026 shares acquired through the company’s employee stock purchase plan on November 15, 2025.

Insider Trade Summary

Net Seller: 15,000 shares ($143,462)

Net Sell 2 txns

Insider Watson Noel Bertram

Role Chief Operating Officer & CFO

Sold 15,000 shs ($143K)

Type	Security	Shares	Price	Value
Sale	Common Stock	15,000	$9.5641	$143K
Tax Withholding	Common Stock	318,901	$10.01	$3.19M

Holdings After Transaction: Common Stock — 1,551,582 shares (Direct)

Footnotes (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. Includes 1,026 shares acquired pursuant to the Issuer's employee stock purchase plan on November 15, 2025. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 20, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.41 to $9.70, 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.

Form 4 Insider Transactions: What Each Field Means →

11/18/2025 - 06:46 PM

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).

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

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)
11/15/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/15/2025		F		318,901⁽¹⁾	D	$10.01	1,566,582⁽²⁾	D
Common Stock	11/18/2025		S		15,000⁽³⁾	D	$9.5641⁽⁴⁾	1,551,582	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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. Includes 1,026 shares acquired pursuant to the Issuer's employee stock purchase plan on November 15, 2025.

3. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 20, 2025.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.41 to $9.70, 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	11/18/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did LegalZoom.com (LZ) report for Noel Bertram Watson?

Noel Bertram Watson, Chief Operating Officer & CFO of LegalZoom.com (LZ), reported two transactions. On 11/15/2025, 318,901 shares were automatically withheld upon vesting of restricted stock units to satisfy tax withholding obligations. On 11/18/2025, he sold 15,000 shares of common stock in an open market transaction.

How many LegalZoom.com (LZ) shares does Noel Bertram Watson own after these transactions?

After the reported transactions, Noel Bertram Watson beneficially owned 1,551,582 shares of LegalZoom.com common stock. This total includes 1,026 shares acquired through the company’s employee stock purchase plan on November 15, 2025.

Was the LegalZoom.com (LZ) insider sale made under a Rule 10b5-1 trading plan?

Yes. The sale of 15,000 LegalZoom.com common shares reported on 11/18/2025 was effected pursuant to a Rule 10b5-1 trading plan adopted by Noel Bertram Watson on May 20, 2025. The form also allows indication that a transaction may be intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

What does the tax withholding transaction reported by LegalZoom.com (LZ) signify?

The 318,901-share transaction reported on 11/15/2025 represents automatic tax withholding. Shares of LegalZoom.com common stock were withheld upon vesting of restricted stock units to satisfy Noel Bertram Watson’s tax withholding obligations, rather than being a discretionary sale.

What is Noel Bertram Watson’s role at LegalZoom.com (LZ) in this Form 4 filing?

In the Form 4, Noel Bertram Watson is identified as an officer of LegalZoom.com. His specific title is Chief Operating Officer & Chief Financial Officer, and the filing is made as a single reporting person on his beneficial ownership and transactions in LegalZoom.com common stock.