LegalZoom (LZ) Director Nathan Gooden Receives RSU Award

What Happened
Nathan Gooden, a director of LegalZoom.com, Inc. (LZ), was granted 35,585 restricted stock units (RSUs) on 2026-06-03. The Form 4 reports the acquisition as an award at $0.00 per unit (code A); the filing shows no cash exchanged—this is a grant of equity compensation, not a market purchase or sale.

Key Details

• Transaction date: 2026-06-03 (reported same day).
• Transaction type/code: Award/Grant (A).
• Units granted: 35,585 RSUs. Reported price: $0.00 per unit (award value not shown on Form 4).
• Shares owned after transaction: Not specified in the filing.
• Footnote: RSUs vest in a single installment on the earlier of (a) the day before the issuer's next annual meeting or (b) the one-year anniversary of the grant, subject to continued service; payable in common stock (see footnote F1).
• Filing timeliness: Reported on the same date as the transaction (timely).

Context
RSUs are a common form of director/executive compensation that convert into common shares upon vesting; they are not an immediate cash purchase or sale and can be forfeited if the director leaves before vesting. Grants like this are routine and reflect compensation, not necessarily a directional signal about the insider's view of the stock.