secwatch.observer — SEC 8-K summary
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Issuer:     LEGALZOOM.COM, INC. (LZ)
CIK:        0001286139
Form:       8-K
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0001286139-23-000061
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

LegalZoom directors Ruder and Deb will not stand for re-election; board to shrink to 8
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- Brian Ruder and Dipanjan Deb each notified LegalZoom on Mar 28-29, 2023 of decision not to seek re-election at 2023 annual meeting.
- Both directors will serve out their current terms until the annual meeting; departures not due to any disagreement.
- Ruder was Permira-nominated; Deb was Francisco Partners-nominated; both cite board balance as reason.
- LegalZoom intends to reduce board size to eight members effective immediately before the annual meeting.
- Francisco Partners and Permira retain rights to nominate an additional director each under the Nomination Agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1286139/000128613923000061/0001286139-23-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1286139/000128613923000061/lz-20230328.htm
  HTML page:      https://secwatch.observer/filing/0001286139-23-000061

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