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LegalZoom (NASDAQ: LZ) director receives 8,297-share RSU-based equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LEGALZOOM.COM, INC. director John Francis Murphy received an equity grant of 8,297 shares on January 15, 2026. The Form 4 shows these shares of common stock were acquired directly at a reference price of $10.1232 per share, bringing his directly held beneficial ownership to 78,250 shares after the transaction.

According to the company’s Eligible Director Compensation Policy, Murphy elected to receive his annual fiscal 2026 cash retainer in the form of restricted stock units instead of cash. The number of RSUs was calculated by dividing his expected 2026 cash retainer by the average closing price of LegalZoom’s stock over the 30‑day period ending five days before the grant date. These RSUs will vest in four quarterly installments on the last trading day of each fiscal quarter in 2026, so long as he continues serving as a director on each vesting date.

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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*
Murphy John Francis

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026
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 01/15/2026 A 8,297(1) A $10.1232(1) 78,250 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. The Reporting Person has elected, in accordance with the Issuer's Eligible Director Compensation Policy (the "Policy"), to have their annual cash compensation paid in the form of restricted stock units ("RSUs") in lieu of cash compensation. The number of RSUs was determined by dividing the Reporting Person's expected fiscal 2026 cash retainer fees under the Policy by the average closing price of the Issuer's common stock over the 30 calendar day period ending on the fifth calendar day prior to the grant date. The RSUs will vest in four quarterly installments on the last trading day of each fiscal quarter in 2026, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
Remarks:
/s/ Michelle Sparks, Attorney-in-Fact for John Murphy 01/16/2026
** 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 John Francis Murphy?

The company reported that director John Francis Murphy acquired 8,297 shares of LegalZoom common stock on January 15, 2026, recorded as an acquisition under transaction code A.

How many LegalZoom (LZ) shares does John Francis Murphy own after this transaction?

After the reported transaction, John Francis Murphy beneficially owns 78,250 shares of LegalZoom common stock held directly.

Was the LegalZoom (LZ) Form 4 transaction an open-market purchase or compensation?

The filing explains that the shares are tied to restricted stock units issued under LegalZoom’s Eligible Director Compensation Policy, where Murphy elected to receive his annual cash retainer in RSUs instead of cash.

How was the number of RSUs for John Francis Murphy’s LegalZoom compensation calculated?

The number of RSUs was determined by dividing Murphy’s expected fiscal 2026 cash retainer fees by the average closing price of LegalZoom common stock over the 30 calendar days ending on the fifth calendar day before the grant date.

When do John Francis Murphy’s LegalZoom (LZ) RSUs vest?

The RSUs will vest in four quarterly installments on the last trading day of each fiscal quarter in 2026, subject to his continued service with the company through each vesting date.

What is the reported price per share for John Francis Murphy’s LegalZoom equity grant?

The Form 4 reports a price of $10.1232 per share associated with the 8,297 acquired shares of LegalZoom common stock.

Legalzoom.Com, Inc.

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Specialty Business Services
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United States
MOUNTAIN VIEW