Form 4: LegalZoom CEO Stibel Reports Routine Stock Tax Withholding

LegalZoom.com CEO Jeffrey M. Stibel reported the disposition of 656,196 shares of common stock to cover tax obligations related to restricted stock unit vesting.

Summary

• Jeffrey M. Stibel, Chief Executive Officer and Director of LEGALZOOM.COM, INC. (LZ), reported a transaction on November 15, 2025.
• The transaction involved the disposition of 656,196 shares of common stock at a price of $10.01 per share.
• This disposition was an automatic withholding of shares upon the vesting of restricted stock units to satisfy tax withholding obligations.
• Following this transaction, Mr. Stibel directly beneficially owns 2,286,066 shares of common stock.
• Indirect beneficial ownership includes 13,584 shares via Bryant-Stibel Fund I LLC, 294,326 shares via Escondido Children's Trust, 537,779 shares via Travron Trust, 2,807,719 shares via JMS 2020 Trust, and 2,807,719 shares via CES 2020 Trust.
• Mr. Stibel disclaims beneficial ownership of these indirectly held securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction (tax withholding upon RSU vesting) which is neutral in sentiment and does not indicate positive or negative company performance or outlook.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction filing (Form 4) and does not provide information related to broader industry trends or competitive landscape.

Related Party Transactions

• Jeffrey M. Stibel holds indirect beneficial ownership through Bryant-Stibel Fund I LLC (13,584 shares), Escondido Children's Trust (294,326 shares), Travron Trust (537,779 shares), JMS 2020 Trust (2,807,719 shares), and CES 2020 Trust (2,807,719 shares). The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction by an insider to cover tax obligations, not a discretionary sale indicating a change in sentiment or company fundamentals.

Key Dates

Keywords

LegalZoom, LZ, Jeffrey M. Stibel, Insider Transaction, Form 4, Stock Disposition, Restricted Stock Units, Tax Withholding, CEO, Director