LegalZoom (NASDAQ: LZ) CAO has 3,777 shares withheld for taxes
Rhea-AI Filing Summary
LEGALZOOM.COM, INC. (LZ) reported an insider equity transaction by Chief Accounting Officer Thomas Charles C. On 2026-08-15, 3,777 shares of common stock were automatically withheld at $5.62 per share to satisfy his tax withholding obligations upon the vesting of restricted stock units. Following this tax-withholding disposition, he directly holds 148,303 shares of LegalZoom.com, Inc. common stock.
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Insider Trade Summary
Net Seller: 3,777 shares
Net Sell
1 txn
Insider
Thomas Charles C.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 3,777 | $5.62 | $21K |
Holdings After Transaction:
Common Stock — 148,303 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Shares withheld for taxes: 3,777 shares
Per-share value for withholding: $5.62 per share
Shares held after transaction: 148,303 shares
+1 more
4 metrics
Shares withheld for taxes
3,777 shares
Common stock automatically withheld to satisfy tax obligations on 2026-08-15
Per-share value for withholding
$5.62 per share
Valuation used for the 3,777 withheld shares
Shares held after transaction
148,303 shares
Direct ownership of LegalZoom.com, Inc. common stock following the transaction
Transactions for tax liability
1 transaction, 3,777 shares
Exercise price or tax liability-related disposition in transaction summary
Key Terms
restricted stock units, tax withholding obligations, automatic withholding
3 terms
restricted stock units financial
"upon the vesting of restricted stock units in order to satisfy"
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 obligations financial
"in order to satisfy the Reporting Person's tax withholding obligations"
automatic withholding financial
"This transaction represents the automatic withholding of shares"
FAQ
What insider transaction did LegalZoom.com, Inc. (LZ) report for Thomas Charles C.?
LegalZoom.com, Inc. reported that Chief Accounting Officer Thomas Charles C. had 3,777 shares of common stock automatically withheld to cover tax obligations upon RSU vesting on 2026-08-15.
Was the LegalZoom (LZ) insider transaction made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan, and the footnote characterizes the event as automatic withholding for taxes on vested restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.