Form 4: LegalZoom Executive Charles C. Thomas Reports Acquisition of Restricted Stock Units
SEC Filing
Charles C. Thomas, Chief Accounting Officer of LegalZoom, reports the acquisition of 128,712 restricted stock units.
Summary
- Charles C. Thomas, the Chief Accounting Officer of LegalZoom, filed a Form 4 with the SEC.
- The filing reports the acquisition of 128,712 shares of Common Stock on March 6, 2025, through the award of restricted stock units (RSUs).
- These RSUs vest as follows: 25% on February 15, 2026, and the remaining RSUs vest in 12 substantially equal quarterly installments over the next three years, contingent upon continued employment with LegalZoom.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, neither particularly positive nor negative. It simply reports a standard compensation practice.
Future Outlook
The vesting schedule of the RSUs extends over three years, indicating a long-term incentive for the reporting person to remain with the company.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- Shareholders are informed about changes in insider ownership.
- Employees may be interested in the compensation structure for executives.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of transaction: Acquisition of 128,712 restricted stock units. |
| 02/15/2026 | First vesting date: 25% of the RSUs vest. |
| 03/07/2025 | Date of signature on the Form 4 filing. |
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