Form 4: Legalzoom Officer Sells Shares for Tax Withholding
Insider Transaction Filing
Legalzoom.com, Inc. Chief Accounting Officer Charles C. Thomas reported a transaction involving the automatic withholding of 3,777 shares to cover tax obligations.
Summary
- Charles C. Thomas, Chief Accounting Officer at Legalzoom.com, Inc., engaged in a transaction on May 15, 2026.
- This transaction involved the automatic withholding of 3,777 shares of the company's common stock.
- The withholding was to satisfy the Reporting Person's tax withholding obligations upon the vesting of restricted stock units.
- Following this transaction, Mr. Thomas beneficially owns 152,080 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as the transaction is a routine tax-related event for an executive and does not indicate a change in the executive's or company's financial health or strategic direction.
Future Outlook
No specific future outlook or guidance is provided in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, such as this stock withholding for tax purposes by a Legalzoom.com officer. These events are common and typically do not signal a change in the company's fundamental outlook.
Key Dates
| Date | Description |
|---|---|
| 05/15/2026 | Transaction Date |
| 05/19/2026 | Date of Report Signature |
Keywords
Legalzoom.com, LZ, Form 4, Insider Transaction, Stock Withholding, Tax Obligations, Restricted Stock Units, Chief Accounting Officer
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.