Stibel Jeffrey M 4

What Happened
Jeffrey M. Stibel, CEO of LegalZoom.com, Inc. (LZ), had 78,357 shares of company stock withheld on Feb 15, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The withholding was recorded at $6.87 per share for a total value of approximately $538,313. This transaction is a tax-withholding event (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-15; Filing date: 2026-02-18.
• Withheld: 78,357 shares at $6.87 per share — total value ≈ $538,313.
• Transaction type/code: F — automatic withholding to satisfy tax liability on vested RSUs.
• Shares owned after the transaction: not specified in the provided filing summary.
• Footnotes: F1 confirms the withholding was automatic upon RSU vesting to cover taxes; F2 disclaims beneficial ownership except to extent of pecuniary interest.
• No late-filing flag provided in the materials supplied.

Context
Tax withholding on vested RSUs is a routine corporate process (often processed as "net share settlement") and does not indicate an active decision to sell shares in the market. Footnote F2 clarifies the reporting person disclaims beneficial ownership beyond any pecuniary interest, a standard disclosure in many insider filings.