Jeffrey M. Stibel, Chief Executive Officer and Director of LegalZoom.com, Inc. (NASDAQ:LZ), filed a Form 4 on August 18, 2026, disclosing the automatic withholding of 110,321 shares of common stock on August 15, 2026, to cover tax obligations upon the vesting of restricted stock units.

Key Highlights

  • Transaction type: 110,321 shares of common stock were disposed of under transaction code F, representing automatic tax withholding upon RSU vesting.
  • Price per share: The shares were withheld at $5.62 per share, according to the filing.
  • Direct ownership following transaction: Stibel directly holds 2,736,967 shares of common stock after the reported transaction.
  • Indirect holdings: The filing also lists shares held indirectly through multiple trusts and an LLC, including 2,807,719 shares via CES 2020 Trust, 2,807,719 shares via JMS 2020 Trust, 537,779 shares via Travron Trust, 294,326 shares via Escondido Children's Trust, and 13,584 shares via Bryant-Stibel Fund I LLC.
  • Disclaimer on indirect holdings: The filing states that Stibel disclaims beneficial ownership of the indirectly held securities except to the extent of his pecuniary interest therein.
  • Filing signed: Nicole Miller, Attorney-in-Fact for Jeffrey M. Stibel, signed the filing on August 18, 2026.

LegalZoom CEO Stibel's RSU Tax Withholding Transaction on August 15, 2026

According to the Form 4 filed with the U.S. Securities and Exchange Commission, Jeffrey M. Stibel, serving as both Chief Executive Officer and Director of LegalZoom.com, Inc., reported a single non-derivative transaction on August 15, 2026. The filing describes the transaction as "the automatic withholding of shares of the Issuer's common stock upon the vesting of restricted stock units in order to satisfy the Reporting Person's tax withholding obligations." The 110,321 shares were disposed of at a price of $5.62 per share and are recorded as a code F transaction, meaning no open-market sale was involved.

Following this transaction, the filing reports that Stibel directly beneficially owns 2,736,967 shares of LegalZoom.com common stock. In addition, the filing discloses indirect beneficial ownership in shares held through several entities: 13,584 shares via Bryant-Stibel Fund I LLC, 2,807,719 shares via CES 2020 Trust, 2,807,719 shares via JMS 2020 Trust, 537,779 shares via Travron Trust, and 294,326 shares via Escondido Children's Trust. For the holdings through Bryant-Stibel Fund I LLC, CES 2020 Trust, Travron Trust, and Escondido Children's Trust, the filing includes a disclaimer stating that Stibel "disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein."

No derivative securities transactions were reported in Table II of the filing. The Form 4 was filed on August 18, 2026, with the earliest transaction date listed as August 15, 2026.

What Was Disclosed

The filing disclosed the automatic withholding of 110,321 shares of LegalZoom.com common stock at $5.62 per share on August 15, 2026, to satisfy tax obligations upon RSU vesting, along with Stibel's resulting direct and indirect beneficial ownership positions.