LEGALZOOM (LZ) Chief Accounting Officer awarded 39,694 RSUs in stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEGALZOOM.COM, INC. Chief Accounting Officer Thomas Charles C. reported an acquisition of company stock through a compensation grant. He received 39,694 shares of common stock in the form of time-based restricted stock units, with no cash paid per share.
The RSUs vest in substantially equal quarterly installments over four years, starting on May 15, 2026, as long as he continues serving the company on each vesting date. After this award, his directly held common stock reported in this filing totals 155,857 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Thomas Charles C.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 39,694 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 155,857 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did LEGALZOOM (LZ) report for Thomas Charles C.?
LEGALZOOM reported that Chief Accounting Officer Thomas Charles C. received a grant of 39,694 shares of common stock as time-based RSUs. The award was recorded at a price of $0.00 per share and reflects compensation rather than an open-market purchase.
How do the new LEGALZOOM (LZ) RSUs for Thomas Charles C. vest?
The 39,694 LEGALZOOM RSUs vest in substantially equal quarterly installments over a four-year period. Vesting begins on May 15, 2026, and each installment requires the executive to remain in continuous service with the company through the applicable vesting date.
What is the transaction code used in the LEGALZOOM (LZ) Form 4 for this award?
The transaction is coded “A,” which indicates a grant, award, or other acquisition of securities. In this case, it reflects the award of 39,694 time-based RSUs that may settle into LEGALZOOM common stock as vesting requirements are satisfied over time.
Are the new LEGALZOOM (LZ) RSUs for Thomas Charles C. subject to any conditions?
Yes, vesting of the 39,694 RSUs is conditioned on his continuous service with LEGALZOOM. The RSUs vest in substantially equal quarterly installments over four years starting May 15, 2026, and each vesting date requires he remain employed through that date.