Stibel Jeffrey M 4

What Happened Jeffrey M. Stibel, CEO of LegalZoom.com, Inc. (LZ), received a grant of 622,900 restricted stock units (RSUs) on March 7, 2026. The Form 4 reports the acquisition at $0.00 (a standard reporting convention for compensation grants); the RSUs represent contingent rights to receive common stock subject to vesting.

Key Details

• Transaction date: 2026-03-07; Form 4 filed: 2026-03-10 (no late‑filing flag in the provided data).
• Transaction type/code: Award/Grant (A); 622,900 RSUs; reported price $0.00.
• Vesting: RSUs vest in substantially equal quarterly installments over a three‑year period, beginning May 15, 2026, subject to continuous service (Footnote F1).
• Beneficial ownership note: Reporting person disclaims beneficial ownership except to the extent of pecuniary interest (Footnote F2).
• Shares owned after transaction: Not specified in the provided filing.

Context This was a time‑based compensation award, not an open‑market purchase or sale. Such grants are routine for executives and do not by themselves indicate immediate buying or selling intent; the RSUs will convert to shares only as they vest and subject to the CEO’s continued service.