LegalZoom CLO has shares withheld for taxes
LEGALZOOM.COM, INC. chief legal officer Nicole Miller reported an automatic tax-related share disposition.
Sentiment and the balance of points
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Rhea-AI Filing Summary
LEGALZOOM.COM, INC. chief legal officer Nicole Miller reported an automatic tax-related share disposition. On this Form 4, 32,269 shares of common stock were withheld at a price of $6.87 per share when restricted stock units vested to cover her tax withholding obligations. After this withholding, she directly owned 836,358 shares of LegalZoom common stock. This was not an open-market sale but a payment of tax liability by delivering shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 32,269 | $6.87 | $222K |
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LegalZoom (LZ) report for Nicole Miller?
Was Nicole Miller’s LegalZoom (LZ) Form 4 transaction an open-market sale?
What does transaction code F mean in the LegalZoom (LZ) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.