Stibel Jeffrey M 4
4 · LEGALZOOM.COM, INC. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
LegalZoom (LZ) CEO Jeffrey Stibel Receives Award of 622,900 RSUs
What Happened Jeffrey M. Stibel, CEO of LegalZoom.com, Inc. (LZ), received a grant of 622,900 restricted stock units (RSUs) on March 7, 2026. The Form 4 reports the acquisition at $0.00 (a standard reporting convention for compensation grants); the RSUs represent contingent rights to receive common stock subject to vesting.
Key Details
- Transaction date: 2026-03-07; Form 4 filed: 2026-03-10 (no late‑filing flag in the provided data).
- Transaction type/code: Award/Grant (A); 622,900 RSUs; reported price $0.00.
- Vesting: RSUs vest in substantially equal quarterly installments over a three‑year period, beginning May 15, 2026, subject to continuous service (Footnote F1).
- Beneficial ownership note: Reporting person disclaims beneficial ownership except to the extent of pecuniary interest (Footnote F2).
- Shares owned after transaction: Not specified in the provided filing.
Context This was a time‑based compensation award, not an open‑market purchase or sale. Such grants are routine for executives and do not by themselves indicate immediate buying or selling intent; the RSUs will convert to shares only as they vest and subject to the CEO’s continued service.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-07+622,900→ 2,830,609 total
- 13,584(indirect: By LLC)
Common Stock
[F2] - 2,807,719(indirect: By Trust)
Common Stock
[F2] - 537,779(indirect: By Trust)
Common Stock
[F2] - 2,807,719(indirect: By Trust)
Common Stock
- 294,326(indirect: By Trust)
Common Stock
[F2]
Footnotes (2)
- [F1]The shares of common stock represent time-based RSUs, with each RSU representing a contingent right to receive one share of the Issuer's common stock. The RSUs vest in substantially equal quarterly installments over a three-year period, with the first vesting date being May 15, 2026, subject to the Reporting Person's continuous service with the Issuer on each such vesting date.
- [F2]The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.