LAW Form 144: Insider to Sell 6,700 Shares After RSU Vesting
Rhea-AI Filing Summary
Form 144 notice for CS Disco, Inc. (LAW) reports a proposed sale of 6,700 shares of common stock through Morgan Stanley Smith Barney LLC with an aggregate market value of $33,500. The filing lists approximately 61,741,846 shares outstanding and an approximate sale date of 08/18/2025. The securities to be sold were largely acquired through vesting of restricted stock units on 08/16/2025 (17,236 shares shown as acquired), with payment described as equity compensation. The filing also discloses a prior sale by the same person on 05/19/2025 of 7,155 shares for gross proceeds of $28,124.63. The signer affirms they are not aware of undisclosed material adverse information about the issuer.
Positive
- Compliance and transparency: The filer provides required details under Rule 144 including broker, share counts, acquisition method, and prior sales.
- Clear origin of shares: Acquisition is disclosed as RSU vesting on 08/16/2025, and payment type is identified as equity compensation.
Negative
- None.
Insights
TL;DR: Routine insider sale notice showing a small block of vested shares to be sold; no new operational details disclosed.
The Form 144 documents a proposed sale of 6,700 common shares valued at $33,500 and confirms acquisition through RSU vesting two days earlier (17,236 shares acquired on 08/16/2025). The filing names Morgan Stanley Smith Barney LLC as the broker and shows an outstanding share count of 61,741,846. A prior transaction on 05/19/2025 sold 7,155 shares for $28,124.63. This filing complies with Rule 144 disclosure requirements and contains no additional operational or financial information about the issuer.
TL;DR: Disclosure indicates insider liquidity event from vested equity; the filer affirms no undisclosed material information.
The notice records a planned sale executed via a broker and documents the origin of the shares as equity compensation (RSU vesting). The attestation that the filer lacks knowledge of undisclosed material adverse information is standard for this form. The filing provides specific transaction dates, amounts, and prior sales activity, supporting transparency required for compliance and insider-trading rules.