Stibel Jeffrey M 4
4 · LEGALZOOM.COM, INC. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
LegalZoom CEO Jeffrey Stibel Sells 110,321 Shares (Tax Withholding)
What Happened
- Jeffrey M. Stibel, CEO of LegalZoom.com, Inc. (LZ), had 110,321 shares of common stock withheld on May 15, 2026 at $6.00 per share (total value $661,926) to satisfy tax withholding obligations related to vested restricted stock units (RSUs). The Form 4 records these shares as disposed (transaction code F — tax withholding).
Key Details
- Transaction date and price: May 15, 2026 — 110,321 shares withheld at $6.00/share (total $661,926).
- Transaction type/code: F — automatic share withholding to cover tax liability on RSU vesting (not an open-market sale).
- Additional items in filing: Footnote states 2,000 shares were acquired under the company’s employee stock purchase plan on May 15, 2026 (F2). The reporting person disclaims beneficial ownership except to the extent of pecuniary interest (F3).
- Shares owned after transaction: Not specified in the information provided in this summary.
- Filing timeliness: Report filed 2026-05-19 for a 2026-05-15 transaction — appears timely (Form 4 is generally due within two business days).
Context
- This was a withholding/cashless-type transaction to cover taxes on vested RSUs rather than an active sale for cash; such withholdings are common and routine following vesting events and do not necessarily signal a change in the insider’s view of the company.
Insider Transaction Report
Form 4
Stibel Jeffrey M
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
[F1][F2]2026-05-15$6.00/sh−110,321$661,926→ 2,847,288 total
Holdings
- 13,584(indirect: By LLC)
Common Stock
[F3] - 2,807,719(indirect: By Trust)
Common Stock
[F3] - 2,807,719(indirect: By Trust)
Common Stock
- 537,779(indirect: By Trust)
Common Stock
[F3] - 294,326(indirect: By Trust)
Common Stock
[F3]
Footnotes (3)
- [F1]This transaction represents the automatic withholding of shares of the Issuer's common stock upon the vesting of restricted stock units in order to satisfy the Reporting Person's tax withholding obligations.
- [F2]Includes 2,000 shares acquired pursuant to the Issuer's employee stock purchase plan on May 15, 2026.
- [F3]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|2026-05-19