LEGALZOOM.COM, INC.·4

May 19, 4:36 PM ET

Thomas Charles C. 4

Research Summary

AI-generated summary

Updated

LegalZoom CAO Thomas C. Surrenders 3,777 Shares for Tax Withholding

What Happened Thomas Charles C., Chief Accounting Officer of LegalZoom.com, Inc. (LZ), had 3,777 shares of company stock withheld to satisfy tax withholding obligations upon the vesting of restricted stock units. The withholding was recorded on 2026-05-15 at a per-share value of $6.00, totaling approximately $22,662. This was not an open-market sale but an automatic surrender of shares to cover taxes.

Key Details

  • Transaction date: 2026-05-15; reported on Form 4 filed 2026-05-19.
  • Price per share: $6.00; total value of shares withheld: ~$22,662.
  • Shares withheld/disposed: 3,777 (transaction code F — tax withholding).
  • Shares owned after transaction: Not specified in this filing.
  • Footnote: F1 — shares were automatically withheld upon RSU vesting to satisfy tax withholding obligations.
  • Filing timeliness: Reported within days after the transaction (no late-filing indication).

Context Tax-withholding (code F) on vested restricted stock units is a routine administrative action (a cashless surrender of shares) and does not necessarily indicate the insider's view on the company's stock. For investors, purchases by insiders tend to carry more signal weight than routine withholdings.