LAW insider files Form 144 to sell 10,200 shares after RSU vesting

Rhea-AI Filing Summary

Form 144 filing for CS Disco, Inc. (LAW) reports a proposed sale of 10,200 shares of common stock through Morgan Stanley Smith Barney LLC with an aggregate market value of $51,000, to be sold approximately on 08/18/2025 on the NYSE. The shares were acquired on 08/16/2025 by vesting of restricted stock units; the filing lists 34,482 shares acquired on that date and indicates the acquisition was equity compensation. The company has 61,741,846 shares outstanding per the filing. No sales in the past three months were reported. The filer attests they have no undisclosed material adverse information.

Positive

• Required disclosures provided: broker, number of shares, acquisition date and nature of acquisition (vesting of RSUs).
• Small relative size: 10,200 shares (~0.016% of reported 61,741,846 outstanding) suggests limited market impact.

Negative

• Limited issuer/filer identification: filer CIK and detailed issuer contact fields are blank in the provided content.
• Short notice window: acquisition on 08/16/2025 with approximate sale on 08/18/2025 offers little lead time reflected in the filing.

Insights

Securities Analyst

TL;DR Routine insider sale of vested RSUs; small relative size versus outstanding shares suggests limited market impact.

The filing documents an insider or person selling shares derived from restricted stock units that vested two days prior to the intended sale date. The proposed sale of 10,200 shares at an aggregate value of $51,000 represents a de minimis fraction of the 61.7 million shares outstanding (well below 0.01%). The use of a large broker-dealer indicates the transaction will be executed through standard market channels on the NYSE. Because the filing discloses acquisition by equity compensation and no recent sales were reported, this appears to be a routine monetization of vested compensation rather than a forced divestiture or company financing event.

Corporate Governance Expert

TL;DR Disclosure is complete for a Form 144: acquisition, nature of acquisition, broker and planned sale date are provided.

The form provides required elements: broker name and address, number of shares to be sold, acquisition date and method (vesting of RSUs), and a representation regarding material nonpublic information. The filing does not indicate any aggregated sales in the prior three months. From a governance and compliance perspective, the notice satisfies Rule 144 reporting norms for an insider monetizing equity compensation, assuming timing and any trading-plan details are consistent with company policies and SEC rules.

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	10200	51000	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			34482	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

Nothing to Report

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 does the Form 144 filed for CS Disco, Inc. (LAW) report?

The form reports a proposed sale of 10,200 common shares through Morgan Stanley Smith Barney LLC with aggregate market value $51,000, to be sold around 08/18/2025 on the NYSE.

How were the shares acquired according to the filing?

The shares were acquired on 08/16/2025 by vesting of restricted stock units and are noted as equity compensation.

How many shares does CS Disco report outstanding in this filing?

The filing lists 61,741,846 shares outstanding.

Were there any sales by the same person in the past three months?

The filing reports Nothing to Report for securities sold during the past three months.

Which broker is handling the proposed sale?

The broker is listed as Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.