LegalZoom (LZ) CLO sells 23,506 shares at $9.63 under plan
LegalZoom.com, Inc. (LZ) reported insider activity by its Chief Legal Officer, Nicole Miller.
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Rhea-AI Filing Summary
LegalZoom.com, Inc. (LZ) reported insider activity by its Chief Legal Officer, Nicole Miller. On 11/15/2025, 203,571 shares of common stock were automatically withheld at a price of $10.01 per share to cover tax obligations triggered by the vesting of restricted stock units. This did not represent an open-market sale, but shares retained by the company to satisfy withholding requirements.
On 11/18/2025, Miller sold 23,506 shares of LegalZoom common stock at a price of $9.63 per share in a transaction coded as a sale. This sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on May 19, 2025. After these transactions, Miller directly beneficially owned 868,627 shares of LegalZoom common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 23,506 | $9.63 | $226K |
| Exercise Price or Tax Liability | Common Stock | 203,571 | $10.01 | $2.04M |
Footnotes (2)
- 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.
- F2. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 19, 2025.
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