LegalZoom.com (LZ) CAO has shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEGALZOOM.COM, INC. Chief Accounting Officer Thomas Charles C. reported a tax-related share disposition on common stock. On February 15, 2026, 12,549 shares were automatically withheld at $6.87 per share when restricted stock units vested to satisfy his tax withholding obligations. After this automatic withholding, he directly held 116,163 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Thomas Charles C.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 12,549 | $6.87 | $86K |
Holdings After Transaction:
Common Stock — 116,163 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did LegalZoom (LZ) report for Thomas Charles C.?
Thomas Charles C., Chief Accounting Officer of LegalZoom, reported an automatic tax-related share disposition. On February 15, 2026, 12,549 shares of common stock were withheld upon restricted stock unit vesting to satisfy his tax withholding obligations, as disclosed in the Form 4.
Was the LegalZoom (LZ) Form 4 transaction an open-market sale by Thomas Charles C.?
No, it was not an open-market sale. The Form 4 states the shares were automatically withheld upon restricted stock unit vesting to satisfy tax withholding obligations, described as a tax-withholding disposition rather than a voluntary sale into the market.
What does transaction code F mean in the LegalZoom (LZ) Form 4 filing?
Transaction code F in this Form 4 indicates payment of a tax liability by delivering securities. Here, 12,549 LegalZoom shares were automatically withheld when restricted stock units vested to cover Thomas Charles C.’s tax withholding obligations, instead of him selling shares on the open market.