LegalZoom (LZ) CLO executes 23,325-share sale under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LegalZoom.com, Inc. chief legal officer Nicole Miller reported an open-market sale of 23,325 shares of common stock at an average price of $6.63 per share. The transaction was effected under a pre-arranged Rule 10b5-1 trading plan adopted on November 9, 2025. After this sale, Miller directly owns 813,033 shares of LegalZoom common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 23,325 shares ($154,645)
Net Sell
1 txn
Insider
Miller Nicole
Role
CHIEF LEGAL OFFICER
Sold
23,325 shs ($155K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 23,325 | $6.63 | $155K |
Holdings After Transaction:
Common Stock — 813,033 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did LegalZoom (LZ) chief legal officer report?
Nicole Miller, chief legal officer of LegalZoom, reported selling 23,325 shares of common stock. The sale was an open-market transaction at an average price of $6.63 per share, disclosed on a Form 4 insider trading report for investors’ transparency.
Was the LegalZoom (LZ) insider sale made under a Rule 10b5-1 trading plan?
Yes. The Form 4 notes that the transaction was effected under a Rule 10b5-1 trading plan adopted on November 9, 2025. Such plans allow insiders to pre-schedule trades, helping separate routine portfolio management from non-public information concerns.
Who is the insider involved in the latest LegalZoom (LZ) Form 4 filing?
The insider is Nicole Miller, who serves as chief legal officer of LegalZoom.com, Inc. She is an officer but not a director or 10% owner, and the filing covers her direct open-market sale of 23,325 common shares under a pre-arranged trading plan.