[Form 4] CS Disco, Inc. Insider Trading Activity
Rhea-AI Filing Summary
CS Disco EVP and Chief Product & Technology Officer Richard Francis Crum reported equity compensation grants and a related tax sale of common stock. On February 18, 2026, he acquired 61,110 and 69,841 shares through restricted stock unit awards at no cost, increasing his direct holdings.
The awards consist of time-based RSUs that vest in 16 equal quarterly installments starting on May 16, 2026, and performance-based RSUs certified for 2025 performance, which will vest partly after the 2025 earnings release and otherwise in 12 equal quarterly installments beginning on May 16, 2026. On February 17, 2026, 6,508 shares were sold at a weighted average price of $3.07 per share, solely to cover taxes and fees due upon RSU settlement, according to the disclosure.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 61,110 | $0.00 | -- |
| Grant/Award | Common Stock | 69,841 | $0.00 | -- |
| Sale | Common Stock | 6,508 | $3.07 | $20K |
Footnotes (1)
- Represents the aggregate number of shares sold by the Reporting Person as a result of a mandatory sale to cover taxes and fees due upon the release and settlement of restricted stock units. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes and fees. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.04 to $3.08. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. Includes 750 shares pursuant to the 2021 Employee Stock Purchase Plan ("ESPP"), for the purchase period of August 1, 2024 to January 31, 2025. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the Issuer's common stock on January 31, 2025. In addition, this total also includes 1,000 shares pursuant to the 2021 Employee Stock Purchase Plan ("ESPP"), for the purchase period of August 1, 2025 to January 31, 2026. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the Issuer's common stock on August 1, 2025. Represents a restricted stock unit ("RSU") award. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs shall vest in 16 equal quarterly installments with the first vest date occurring on May 16, 2026, and shall continue to vest on each quarterly date thereafter, subject to the Reporting Person's continuous service to the Issuer through each vesting date. Represents RSUs that were granted in February 2025 subject to performance-based vesting conditions pertaining to 2025 performance, the achievement of which was certified by the Compensation Committee on February 18, 2026. Of these RSUs, 1/4th of the shares will vest after two full business days have elapsed following the Issuer's release of 2025 earnings, and the remainder will vest in twelve equal quarterly installments with the first vest date occurring on May 16, 2026, and shall continue to vest on each quarterly date thereafter, subject to the reporting person's continuous service to the Issuer through each vesting date.
