LegalZoom.com COO and CFO Noel Watson sold 51,545 shares on July 9, 2026, in a transaction valued at approximately $372,000. The sale was triggered by the vesting of restricted stock units and represented a non-discretionary move to satisfy mandatory tax withholding obligations, reducing his direct holdings by 3%. Following the transaction, Watson continues to hold 1,990,302 shares directly, worth about $14.4 million based on the July 9 closing price of $7.21. The company, which operates a digital legal services platform with a market capitalization of $1.2 billion, reported 13% year-over-year revenue growth to $206.8 million in the first quarter and raised its full-year 2026 revenue guidance to between $810 million and $830 million.
LegalZoom.com IncCFO sold shares for tax withholding, but also raised revenue guidance; net impact unclear.