CS Disco (NYSE: LAW) CEO covers RSU tax bill with shares
Rhea-AI Filing Summary
CS Disco, Inc. (LAW) reported that Chief Executive Officer Eric Friedrichsen had 44,492 shares of common stock withheld on 2026-08-16 at $4.40 per share to cover tax liability upon vesting of a time-based restricted stock unit award. The footnote states this was not a discretionary sale but a tax-withholding transaction. Following this event, Friedrichsen directly held 1,436,688 shares of CS Disco common stock.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 44,492 shares
Net Sell
1 txn
Insider
Friedrichsen Eric
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 44,492 | $4.40 | $196K |
Holdings After Transaction:
Common Stock — 1,436,688 shares (Direct)
Footnotes (1)
- F1. These shares were withheld by the Issuer to cover the tax liability upon the vesting of a time-based restricted stock unit award previously granted, and does not represent a discretionary sale by the reporting person.
Key Figures
Shares withheld for taxes: 44,492 shares
Per-share value for withholding: $4.40 per share
Shares held after transaction: 1,436,688 shares
3 metrics
Shares withheld for taxes
44,492 shares
Common stock withheld to cover tax liability on RSU vesting on 2026-08-16
Per-share value for withholding
$4.40 per share
Valuation used for the 44,492 withheld shares in the Code F transaction
Shares held after transaction
1,436,688 shares
Direct holdings of CEO Eric Friedrichsen following the tax-withholding event
Key Terms
restricted stock unit, tax liability, withheld by the Issuer
3 terms
restricted stock unit financial
"upon the vesting of a time-based restricted stock unit award previously granted"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax liability financial
"were withheld by the Issuer to cover the tax liability upon the vesting"
withheld by the Issuer financial
"These shares were withheld by the Issuer to cover the tax liability"
FAQ
What insider transaction did LAW (CS Disco, Inc.) report for Eric Friedrichsen?
CS Disco reported that CEO Eric Friedrichsen had 44,492 shares of common stock withheld to satisfy tax liability related to a vested RSU award, rather than executing a discretionary open-market sale.
Was the LAW insider transaction by CEO Eric Friedrichsen a discretionary sale?
No. The filing states the 44,492 shares were withheld by the issuer to cover tax liability upon RSU vesting and "does not represent a discretionary sale" by the reporting person.
What was the purpose of the Form 4 Code F transaction reported by LAW?
The Code F transaction reflects payment of tax liability by delivering or withholding securities. CS Disco withheld 44,492 shares from CEO Eric Friedrichsen upon vesting of a time-based RSU award to cover his tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.