LegalZoom (LZ) Chief Accounting Officer Thomas Charles C. Sells 3,777 Shares

What Happened Thomas Charles C., Chief Accounting Officer of LegalZoom.com, reported an automatic withholding of 3,777 shares of the company's common stock to satisfy tax withholding on vested restricted stock units (RSUs). The withholding was executed at an effective price of $5.62 per share for a total value of $21,227 on August 15, 2026. This is a tax-withholding/settlement transaction (code F), not an open-market sale.

Key Details

• Transaction date: 2026-08-15; Filing date: 2026-08-18.
• Shares withheld (disposed): 3,777 at $5.62 each; total value ≈ $21,227.
• Transaction code: F (automatic share withholding to satisfy tax obligations on vested RSUs).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: F1 confirms the shares were withheld upon RSU vesting to cover tax withholding.
• This was not an active sale into the market by the insider; it's a routine administrative tax withholding.

Context Automatic share withholding upon RSU vesting is common and generally viewed as administrative rather than a signal of the insider's view on the stock. Such transactions reduce the insider's share count but do not represent discretionary selling.