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Vanguard reports 11.46M LegalZoom shares beneficially owned (LZ)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Legalzoom.com Inc reported that Vanguard Portfolio Management beneficially owned 11,459,721 shares of Common Stock, representing 6.62% of the class as of 03/31/2026. The filing shows sole voting power for 157,867 shares and sole dispositive power for 11,459,721 shares; the ownership is reported on behalf of multiple Vanguard affiliates.

Positive

  • None.

Negative

  • None.

Insights

Vanguard holds a meaningful 6.62% stake in Legalzoom as of 03/31/2026.

Vanguard Portfolio Management reports beneficial ownership of 11,459,721 shares with 157,867 shares of sole voting power. The filing attributes dispositive authority to Vanguard and lists affiliated entities that exercise voting/dispositive power for various managed accounts.

Because the stake is below 10%, this is a passive institutional holding reported on Schedule 13G; subsequent filings would show changes in voting or ownership levels.

Beneficially owned shares 11,459,721 shares Amount beneficially owned as reported
Percent of class 6.62% Percent of class as reported
Sole voting power 157,867 shares Sole power to vote or direct the vote
Sole dispositive power 11,459,721 shares Sole power to dispose or direct disposition
Reporting date 03/31/2026 Ownership figures reported as of this date
Signature date 04/29/2026 Date signed by reporting representative
Schedule 13G regulatory
"Name of person filing: Vanguard Portfolio Management"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
dispositive power financial
"Sole power to dispose or to direct the disposition of: 11459721"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
beneficially owned financial
"Amount beneficially owned: 11459721 (b) Percent of class: 6.62 %"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.





52466B103

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Portfolio Management LLC and the following affiliates of Vanguard Portfolio Management LLC or business divisions of such affiliates: Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Portfolio Management LLC exercises dispositive power, in addition to securities held by clients over which the affiliates or business divisions of such affiliates indicated above exercise dispositive and/or voting power. This Schedule 13G does not include securities, if any, beneficially owned by other subsidiaries or affiliates of Vanguard Portfolio Management LLC, or business divisions of such subsidiaries whose ownership of securities is disaggregated from that of the reporting business unit in accordance with such release.


SCHEDULE 13G



Vanguard Portfolio Management
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:04/29/2026

FAQ

What stake does Vanguard hold in LegalZoom (LZ)?

Vanguard Portfolio Management beneficially owned 11,459,721 shares, equal to 6.62% of Legalzoom Common Stock as of 03/31/2026. The filing lists Vanguard affiliates that exercise voting or dispositive power for managed funds and accounts.

Does Vanguard control voting for LegalZoom shares?

The filing reports sole voting power for 157,867 shares and sole dispositive power for 11,459,721 shares. Voting and dispositive authority are exercised through Vanguard Portfolio Management and identified affiliates.

Is the 6.62% position an active or passive holding?

This Schedule 13G indicates an institutional, passive reporting position by Vanguard Portfolio Management. The filing attributes ownership across Vanguard funds and managed accounts rather than indicating activist intent or control actions.

Which Vanguard entities are cited in the LegalZoom filing?

The filing names Vanguard Portfolio Management LLC and affiliates including Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC, noting dispositive power over securities held by Vanguard funds and certain client accounts.

When was the Schedule 13G signed and filed?

The signature block shows Ashley Grim, Head of Global Fund Administration, signing on 04/29/2026, with the ownership figures reported as of 03/31/2026 in the filing.