LAW insider files Form 144 to sell 5,500 RSU shares via Morgan Stanley

Rhea-AI Filing Summary

Form 144 notice for CS Disco, Inc. (LAW) shows a proposed sale of 5,500 shares of common stock through Morgan Stanley Smith Barney LLC on 08/18/2025. The shares to be sold were part of a 11,931-share award that vested on 08/16/2025 and were received as equity compensation from the issuer. The filing lists 61,741,846 shares outstanding and reports an aggregate market value for the proposed sale of $27,500. The filer previously sold 5,875 shares on 05/19/2025 for $23,093.19. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Insider plans a small sale of vested RSUs via a broker; transaction size appears immaterial to capitalization.

The disclosed sale is of 5,500 shares executed through Morgan Stanley Smith Barney LLC with an indicated aggregate market value of $27,500, against 61,741,846 shares outstanding. The shares originated from an 11,931-share RSU vest on 08/16/2025, recorded as equity compensation. A prior sale of 5,875 shares on 05/19/2025 for $23,093.19 is also reported. From a market-impact standpoint, the notional amounts are small relative to the stated share count, suggesting limited immediate dilution or signaling effects based solely on these figures.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 requirements; filer affirms no undisclosed material information.

The form properly identifies the broker, the nature of acquisition (vesting of RSUs), dates, and amounts, and includes the seller's certification about material information. The notice documents recent insider selling activity and shows compliance with procedural disclosure norms. There is no indication in the filing of a trading plan date or other limitations; the filing contains the routine legal attestation language regarding misstatements.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	5500	27500	61741846	08/18/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	08/16/2025	Vesting of Restricted Stock Units - See Remarks	Issuer			11931	08/16/2025	Equity compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Karen Herckis c/o CS Disco, Inc. 111 Congress Ave Suite 900 Austin TX 78701	Common Stock	05/19/2025	5875	23093.19

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What shares of CS Disco, Inc. (LAW) does the Form 144 propose to sell?

The notice proposes to sell 5,500 common shares through Morgan Stanley Smith Barney LLC on 08/18/2025.

How were the shares being sold by the filer acquired?

The shares were acquired via the vesting of Restricted Stock Units (RSUs) on 08/16/2025 and were recorded as equity compensation.

What recent insider sales does the filing disclose for LAW?

The filing reports a prior sale of 5,875 shares on 05/19/2025 generating $23,093.19 in gross proceeds.

What is the issuer share count and the aggregate value of the proposed sale?

The filing lists 61,741,846 shares outstanding and an aggregate market value for the proposed sale of $27,500.

Does the filer state any undisclosed material information about CS Disco?

By signing the notice, the person represents they do not know any material adverse information about the issuer that has not been publicly disclosed.