Form 4: LegalZoom Chief Legal Officer Reports Stock Transaction
SEC Form 4 Filing
Nicole Miller, Chief Legal Officer of LegalZoom, reports the automatic withholding of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 15, 2025, Nicole Miller, the Chief Legal Officer of LegalZoom.com, Inc. (LZ), had 14,474 shares of common stock withheld to cover tax obligations.
- The shares were withheld at a price of $9.18 per share.
- Following the transaction, Miller beneficially owns 896,264 shares of LegalZoom common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of a routine stock transaction related to tax obligations. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to equity compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax withholding procedure.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of stock transaction (tax withholding). |
| 02/19/2025 | Date of signature on the report. |
Keywords
LegalZoom, Nicole Miller, Chief Legal Officer, Form 4, Stock Transaction, Beneficial Ownership, Tax Withholding, Restricted Stock Units
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