Miller Nicole 4

What Happened

Nicole Miller, Chief Legal Officer of LegalZoom.com, Inc. (LZ), received an award of 372,137 restricted stock units (RSUs) reported on 2026-03-07. The grant is recorded at $0 acquisition price (typical for employee awards) — this is an equity award, not a purchase or sale.

Key Details

• Transaction date: 2026-03-07; filing date: 2026-03-10. Filing was submitted three days after the grant (whether this is late depends on business-day calculation under Form 4 rules).
• Award: 372,137 RSUs; per filing price listed as $0.00 (award/grant).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote: RSUs are time‑based and each RSU equals a contingent right to one share. Vesting occurs in substantially equal quarterly installments over three years, with the first vesting date May 15, 2026, subject to continuous service.

Context

RSUs are a form of compensation that convert into actual shares only as they vest; they do not represent immediately tradable stock. Because this is a grant (not a purchase or sale), it should be viewed as compensation rather than a direct insider signal to buy or sell shares.