LegalZoom.com (LZ) CLO sees 51,545 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LegalZoom.com, Inc. chief legal officer Nicole Miller had 51,545 shares of common stock automatically withheld on July 9, 2026 to cover tax obligations upon the vesting of restricted stock units at $7.21 per share. Following this tax-withholding disposition, she holds 1,067,677 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miller Nicole
Role
CHIEF LEGAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 51,545 | $7.21 | $372K |
Holdings After Transaction:
Common Stock — 1,067,677 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 51,545 shares
Withholding reference price: $7.21 per share
Shares held after transaction: 1,067,677 shares
3 metrics
Shares withheld for taxes
51,545 shares
Automatic tax withholding upon RSU vesting on July 9, 2026
Withholding reference price
$7.21 per share
Value applied to shares withheld for tax obligations
Shares held after transaction
1,067,677 shares
Direct common stock holdings after tax-withholding disposition
Key Terms
restricted stock units, tax withholding obligations, automatic withholding, Reporting Person
4 terms
restricted stock units financial
"upon the vesting of restricted stock units in order to satisfy"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"in order to satisfy the Reporting Person's tax withholding obligations"
automatic withholding financial
"This transaction represents the automatic withholding of shares"
Reporting Person regulatory
"in order to satisfy the Reporting Person's tax withholding obligations"