Stibel Jeffrey M 4

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.