STOCK TITAN

LegalZoom (NASDAQ: LZ) insider faces 82K-share tax withholding, retains 1.9M shares

(Moderate)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LEGALZOOM.COM, INC. (LZ) reported a Form 4 transaction by Chief Operating Officer & CFO Noel Bertram Watson. On 2026-08-15, 82,501 shares of common stock were disposed of at $5.62 per share through the automatic withholding of shares upon the vesting of restricted stock units to satisfy tax withholding obligations. Following this tax-withholding disposition, Watson holds 1,907,801 shares of LegalZoom.com, Inc. common stock directly.

Positive

  • None.

Negative

  • None.
Insider Watson Noel Bertram
Role Chief Operating Officer & CFO
Type Security Shares Price Value
Tax Withholding Common Stock F1 82,501 $5.62 $464K
Holdings After Transaction: Common Stock — 1,907,801 shares (Direct)
Footnotes (1)
  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.
Shares withheld for taxes 82,501 shares Common stock automatically withheld on 2026-08-15 for tax withholding obligations
Withholding price per share $5.62 per share Valuation used for the 82,501 shares in the Code F transaction
Post-transaction holdings 1,907,801 shares Direct common stock held by Noel Bertram Watson after the transaction
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.
automatic withholding of shares financial
"This transaction represents the automatic withholding of shares"
tax withholding obligations financial
"in order to satisfy the Reporting Person's tax withholding obligations"

FAQ

What insider transaction did LZ report for Noel Bertram Watson on this Form 4?

LegalZoom.com, Inc. reported that Noel Bertram Watson had 82,501 shares of common stock withheld on 2026-08-15 to cover tax withholding obligations arising from the vesting of restricted stock units.

Did Noel Bertram Watson sell LZ stock in the open market?

No. The Form 4 states the Code F transaction was an automatic withholding of shares upon RSU vesting to satisfy tax withholding obligations, not an open-market sale.

How many LZ shares does Noel Bertram Watson own after this transaction?

After the tax-withholding disposition, Noel Bertram Watson directly owns 1,907,801 shares of LegalZoom.com, Inc. common stock, as reported in the Form 4’s post-transaction holdings field.

What was the price used for the withheld LZ shares on this Form 4?

The withheld 82,501 shares were valued at $5.62 per share, as indicated by the transaction price per share for the Code F tax-withholding disposition reported on 2026-08-15.

Was this LZ Form 4 transaction under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not checked, and the footnote describes the transaction as automatic share withholding for taxes upon restricted stock unit vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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).
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 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 Operating Officer & CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2026
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 Stock08/15/2026F82,501(1)D$5.621,907,801D
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.
Remarks:
Nicole Miller, Attorney-in-Fact for Noel Bertram Watson08/18/2026
** 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)