Hamren Elizabeth 4
Research Summary
AI-generated summary
LegalZoom (LZ) Director Elizabeth Hamren Receives RSU Award
What Happened
- Elizabeth Hamren, a director of LegalZoom.com, Inc. (LZ), received a grant of 35,585 restricted stock units (RSUs) on June 3, 2026. The Form 4 reports the acquisition at $0.00 per share (award/grant), meaning these are compensation RSUs rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-03; Report filed: 2026-06-03 (filed same day).
- Transaction type/code: A — Award/Grant of RSUs; reported acquisition price: $0.00.
- Shares granted: 35,585 RSUs, payable in an equivalent number of common shares upon vesting.
- Vesting: Per footnote, RSUs vest in a single installment on the earlier of (a) the close of business the day before the issuer’s next annual meeting of stockholders or (b) the one-year anniversary of the grant date, subject to Hamren’s continued service.
- Shares owned after transaction: Not specified in this filing.
- Filing timeliness: Appears timely (transaction and report date the same); no late-filing indicator.
Context
- This is a compensation award (restricted stock units). RSU grants are common for directors and reflect equity compensation rather than a personal cash investment; they do not necessarily indicate the insider buying or selling stock in the open market. The reported acquisition price of $0.00 reflects that this is a grant, not a purchase.