[Form 4] LEGALZOOM.COM, INC. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gooden Nathan reported acquisition or exercise transactions in this Form 4 filing.
LEGALZOOM.COM, INC. director Nathan Gooden received a grant of 35,585 shares of common stock in the form of restricted stock units (RSUs) at no cash cost. These RSUs vest in a single installment on the earlier of the close of business on the day before the company’s next annual meeting of stockholders or the one-year anniversary of the grant date, as long as he continues serving the company. Once vested, the RSUs will be settled in an equivalent number of LegalZoom common shares. Following this award, Gooden directly holds 112,736 shares/RSUs in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gooden Nathan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 35,585 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 112,736 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 35,585 shares
Price per RSU: $0.0000 per share
Total holdings after grant: 112,736 shares
+1 more
4 metrics
RSUs granted
35,585 shares
Restricted stock unit award to director Nathan Gooden
Price per RSU
$0.0000 per share
Reported transaction price for the RSU grant
Total holdings after grant
112,736 shares
Direct holdings following the RSU award
Vesting schedule
Single installment
Earlier of day before next annual meeting or one-year after grant
Key Terms
restricted stock units ("RSUs"), annual meeting of stockholders, grant date
3 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") that vest in a single installment"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
annual meeting of stockholders financial
"on the day before the Issuer's next annual meeting of stockholders"
grant date financial
"the one-year anniversary of the grant date, subject to the Reporting Person's continuing service"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.