CS Disco (NYSE: LAW) names Aaron Barfoot CFO with $2M RSU grant

Rhea-AI Filing Summary

CS Disco, Inc. is appointing Aaron Barfoot as Executive Vice President, Chief Financial Officer, principal financial officer and principal accounting officer, effective January 12, 2026. Barfoot, age 49, previously served as CFO at Socure Inc. and Forter, Inc., and holds a B.S. in Economics from Baylor University.

Under his employment agreement, he will receive a base salary of $456,000, a discretionary annual cash bonus targeted at 60% of base salary, and $2,000,000 in restricted stock units that vest over four years, beginning with 25% on February 16, 2027 and the remainder in equal quarterly installments through February 16, 2030. He will also receive a $100,000 signing bonus, subject to partial repayment if he resigns without Good Reason or is terminated for Cause within 12 months.

The agreement provides enhanced severance and equity vesting if he resigns for Good Reason or is terminated without Cause in connection with a Change in Control, and smaller severance outside that window. Barfoot will replace current CFO Michael Lafair, whose service is extended through January 11, 2026 for an orderly transition.

Insights

Corporate governance and executive compensation analyst

CS Disco announces an orderly CFO transition with a standard tech-sector compensation and severance package.

CS Disco is naming Aaron Barfoot as Executive Vice President and Chief Financial Officer effective January 12, 2026, while extending outgoing CFO Michael Lafair's service through January 11, 2026. This overlap helps ensure continuity in the finance function, which can matter for reporting, planning, and investor relations.

Barfoot’s package includes a base salary of $456,000, a target annual bonus of 60% of base salary, and $2,000,000 in RSUs vesting over four years, plus a $100,000 signing bonus with a 12‑month clawback condition. These terms align his compensation with both cash performance incentives and longer-term equity, tying part of his pay to the company’s share performance and his continued service.

The agreement also provides change‑in‑control protection: if he resigns for Good Reason or is terminated without Cause in the defined window, he receives 12 months’ salary, 100% of target bonus, up to 12 months of COBRA premiums, and full acceleration of unvested equity, with performance awards deemed achieved at target or based on actual performance. Outside a change‑in‑control context, severance drops to six months of salary and COBRA. These protections are typical for senior executives and are designed to keep the CFO focused during potential strategic transactions.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (date of earliest event reported): December 18, 2025

CS Disco, Inc.

(Exact name of Registrant, as specified in its charter)

Delaware

001-40624

46-4254444

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer Identification Number)

111 Congress Avenue

Suite 900

Austin, Texas 78701

(Address of principal executive offices) (Zip code)

Registrant's telephone number, including area code: (833) 653-4726

Former name or address, if changed since last report: Not Applicable

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) 

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) 

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) 

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock, par value $0.005

LAW

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). 

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒

Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 18, 2025, the board of directors (the “Board”) of CS Disco, Inc. (the “Company”) appointed Aaron Barfoot as the Company’s Executive Vice President, Chief Financial Officer, principal financial officer and principal accounting officer, effective January 12, 2026 (the “Start Date”).

Mr. Barfoot, 49, has served as Chief Financial Officer of Socure Inc., a provider of digital identity verification, fraud detection and prevention solutions, since July 2023. Prior to that, Mr. Barfoot served as Chief Financial Officer at Forter, Inc. from January 2020 to June 2023. Mr. Barfoot holds a B.S. in Economics from Baylor University.

In connection with his appointment as Executive Vice President, Chief Financial Officer, on December 18, 2025, the Compensation Committee of the Board approved an employment agreement with Mr. Barfoot (the “Employment Agreement”). Pursuant to the terms of the Employment Agreement, Mr. Barfoot will receive an annualized base salary of $456,000, as well as a discretionary annual cash bonus with a target of 60% of Mr. Barfoot’s base salary. Mr. Barfoot will also receive a grant of restricted stock units (“RSUs”), effective as of January 12, 2026, with an aggregate grant date fair value of $2,000,000, based on the average closing share price of the Company’s common stock over the 30-day period ending on the last day of the calendar month prior to Mr. Barfoot’s start date. The RSUs will vest over four years, with 25% of the RSUs vesting as of February 16, 2027, with the remainder to vest in equal quarterly installments through February 16, 2030, subject in each case to Mr. Barfoot’s continued service through each such date. In addition to the grant of RSUs, Mr. Barfoot will receive a signing bonus of $100,000, provided that if Mr. Barfoot is terminated for Cause (as defined in the Employment Agreement) or voluntarily resigns without Good Reason (as defined in the Employment Agreement) within 12 months of the Start Date, he will be required to repay a pro-rata portion of the signing bonus.

Mr. Barfoot is also entitled to certain severance benefits under the Employment Agreement. If Mr. Barfoot, during the period beginning three months prior to and ending 12 months after a Change in Control (as defined in the Employment Agreement), (i) resigns for Good Reason or (ii) has his employment terminated without Cause, he will receive, subject to certain conditions, (a) a cash payment equivalent to 12 months of his then-current base salary, (b) a lump sum payment of 100% of his target annual cash bonus for the year of his termination or resignation, (c) payment of his COBRA premiums for up to 12 months following the date of his termination or resignation, and (d) acceleration of all his unvested and outstanding equity awards. With respect to any equity awards subject to performance vesting, unless otherwise provided in individual award documents, performance will be deemed to be achieved at target level or, if greater, based on actual performance measured as of the effective time of such Change in Control. In addition, if in connection with a Change in Control or a Corporate Transaction (as defined in the Company’s 2021 Equity Incentive Plan), any outstanding unvested equity awards held by Mr. Barfoot are not assumed or continued by the successor or acquiror entity (or its parent company) in such transaction or substituted for a similar award, and Mr. Barfoot’s employment has not terminated as of immediately prior to such transaction, such unvested equity awards will vest in full.

If Mr. Barfoot, outside of the period beginning three months prior to and ending 12 months after a Change in Control, (i) resigns for Good Reason or (ii) has his employment terminated without Cause, he will receive, subject to certain conditions, (a) a cash payment equivalent to six months of his current base salary and (b) payment of his COBRA premiums for up to six months.

There are no arrangements or understandings between Mr. Barfoot and any other person pursuant to which he was selected as an officer and director of the Company, and there is no family relationship between Mr. Barfoot and any of the Company’s other executive officers or directors. There are no related party transactions between Mr. Barfoot and the Company that would require disclosure under Item 404(a) of Regulation S-K.

Mr. Barfoot will replace Michael Lafair, the Company’s current Executive Vice President, Chief Financial Officer, principal financial officer and principal accounting officer. As previously announced, Mr. Lafair and the Company entered into a transition agreement, dated as of August 4, 2025, pursuant to which Mr. Lafair agreed to continue to serve as the Company’s Executive Vice President, Chief Financial Officer, principal financial officer and principal accounting officer through the earlier of the appointment of his successor or the close of business on December 31, 2025. In connection with Mr. Barfoot’s appointment, the Company and Mr. Lafair agreed to extend his service as the Company’s Executive Vice President, Chief Financial Officer, principal financial officer and principal accounting officer through January 11, 2026. Mr. Lafair will continue to receive his current base salary and benefits through January 11, 2026.

The foregoing description of the Employment Agreement does not purport to be complete and is subject to, and qualified in its

entirety by, the complete text of the Employment Agreement, a copy of which the Company has filed with this Current Report on Form 8-K and which is incorporated herein by reference.

Item 9.01 - Financial Statements and Exhibits

(d) Exhibits

Exhibit No.
10.1+			Employment Agreement by and between the Registrant and Aaron Barfoot.
104			Cover Page Interactive Data File (embedded within the Inline XBRL document)

___________

+ Indicates management contract or compensatory plan.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			CS Disco, Inc.
Date: December 22, 2025			By:			/s/ Michael S. Lafair
			Name:			Michael S. Lafair
			Title:			Executive Vice President, Chief Financial Officer

FAQ

Who is the new CFO of CS Disco (LAW) and when does he start?

CS Disco appointed Aaron Barfoot as Executive Vice President, Chief Financial Officer, principal financial officer and principal accounting officer, effective January 12, 2026.

What is Aaron Barfoots background before joining CS Disco (LAW)?

Before joining CS Disco, Aaron Barfoot served as Chief Financial Officer of Socure Inc. since July 2023 and as Chief Financial Officer at Forter, Inc. from January 2020 to June 2023. He holds a B.S. in Economics from Baylor University.

What are the key compensation terms for CS Discos new CFO?

Under his employment agreement, Aaron Barfoot will receive an annual base salary of $456,000, a discretionary annual cash bonus with a target of 60% of base salary, a grant of RSUs with an aggregate grant date fair value of $2,000,000, and a $100,000 signing bonus subject to pro‑rata repayment if he leaves under certain conditions within 12 months of his start date.

How do the RSUs for CS Discos new CFO vest?

The RSUs granted to Aaron Barfoot have a grant date fair value of $2,000,000 and will vest over four years. 25% of the RSUs vest on February 16, 2027, with the remaining RSUs vesting in equal quarterly installments through February 16, 2030, subject to his continued service.

What severance protections does CS Discos new CFO receive in a change in control?

If, during the period from three months before to 12 months after a Change in Control, Aaron Barfoot resigns for Good Reason or is terminated without Cause, he is entitled to (a) a cash payment equal to 12 months of his then‑current base salary, (b) a lump sum payment of 100% of his target annual bonus for the year of termination, (c) payment of COBRA premiums for up to 12 months, and (d) acceleration of all unvested and outstanding equity awards, with performance awards deemed achieved at target or based on actual performance as specified.

What happens if CS Discos new CFO is terminated without Cause outside a change in control period?

If, outside the specified Change in Control window, Aaron Barfoot resigns for Good Reason or is terminated without Cause, he is entitled to (a) a cash payment equal to six months of his current base salary and (b) payment of his COBRA premiums for up to six months, subject to certain conditions.

What is the transition plan for CS Discos current CFO, Michael Lafair?

Michael Lafair, the current Executive Vice President, Chief Financial Officer, principal financial officer and principal accounting officer, agreed to extend his service through January 11, 2026. He will continue to receive his current base salary and benefits through that date to support the transition to Aaron Barfoot.