Form 4: Legalzoom Director Nathan Gooden Acquires Shares

Director Nathan Gooden of Legalzoom.com, Inc. acquired 35,585 shares of common stock through restricted stock units.

Summary

• Nathan Gooden, a Director at Legalzoom.com, Inc. (LZ), acquired 35,585 shares of common stock on June 3, 2026.
• The acquisition was made through restricted stock units (RSUs) that vest in a single installment.
• Vesting occurs on the earlier of the day before the Issuer's next annual meeting or the one-year anniversary of the grant date, contingent on continued service.
• Following this transaction, Gooden beneficially owns 112,736 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a standard RSU vesting and acquisition by a director, rather than a significant new investment or divestment.

Positives

• Director acquisition of shares can signal confidence in the company's future prospects.
• The acquisition of 35,585 shares increases the director's stake in Legalzoom.com, Inc.

Future Outlook

The restricted stock units acquired are subject to vesting conditions tied to continued service and the company's annual meeting or a one-year anniversary, indicating a forward-looking incentive for the director.

Industry Context

StockSavvy.ai notes that director share acquisitions, as seen in this Form 4 filing for Legalzoom.com, Inc., are common within the software and technology services sector as a means of aligning executive interests with shareholder value.

Stakeholder Impact

• Shareholders: The acquisition by a director may be viewed positively, suggesting continued commitment and belief in the company's value.

Next Steps

• The restricted stock units will vest on the earlier of the day before the Issuer's next annual meeting of stockholders or the one-year anniversary of the grant date, provided the Reporting Person continues to be employed by the Issuer.
• The acquired shares will be held by the reporting person, subject to beneficial ownership rules.

Key Dates

Keywords

Legalzoom.com, LZ, Form 4, Insider Trading, Director, Stock Acquisition, Restricted Stock Units, Beneficial Ownership