Stibel Jeffrey M 4
4 · LEGALZOOM.COM, INC. · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
LegalZoom (LZ) CEO Jeffrey M. Stibel Buys 125,000 Shares
What Happened
- Jeffrey M. Stibel, CEO of LegalZoom.com, Inc. (LZ), purchased 125,000 shares in an open-market transaction on May 11, 2026. The reported weighted-average price was $6.15 per share, for a total cost of approximately $768,988. This was a purchase (insider buy), which some investors view as a bullish signal, though motives are not disclosed.
Key Details
- Transaction date: 2026-05-11 (reported same day).
- Price: Weighted average $6.15; individual trades ranged from $6.13 to $6.16 (see footnote).
- Shares acquired: 125,000.
- Shares owned after transaction: Not reported in the provided filing excerpt.
- Footnotes:
- F1: Price is a weighted average; reporting person will provide breakdown of number of shares at each price on request.
- F2: Reporting person disclaims beneficial ownership except to extent of pecuniary interest.
- Filing timeliness: Reported on the same date as the transaction (timely).
Context
- This was a straightforward open-market purchase (transaction code P). Purchases by executives can signal confidence, but they do not prove future performance. The filing disclaims full beneficial ownership beyond pecuniary interest, and no 10b5‑1 plan or other special conditions were disclosed in the provided data.
Insider Transaction Report
Form 4
Stibel Jeffrey M
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
[F1]2026-05-11$6.15/sh+125,000$768,988→ 2,955,609 total
Holdings
- 13,584(indirect: By LLC)
Common Stock
[F2] - 2,807,719(indirect: By Trust)
Common Stock
[F2] - 537,779(indirect: By Trust)
Common Stock
[F2] - 2,807,719(indirect: By Trust)
Common Stock
- 294,326(indirect: By Trust)
Common Stock
[F2]
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.13 to $6.16, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
- [F2]The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
Signature
/s/ Michelle Sparks, Attorney-in-Fact for Jeffrey M. Stibel|2026-05-11