CS Disco (NYSE: LAW) GC sells 6,840 shares in RSU tax sale
Rhea-AI Filing Summary
CS Disco, Inc. (LAW) reported that officer Susan Garcia, GC & Chief Compliance Officer, sold 6,840 shares of common stock on August 17, 2026. The filing states this was a mandatory sale to cover taxes and fees due upon the release and settlement of restricted stock units, and that no additional shares were disposed of for other reasons. The sale occurred at a weighted average price between $4.18 and $4.25 per share. After this transaction, Garcia directly holds 139,109 shares of CS Disco common stock. The Rule 10b5-1 checkbox is not marked, and the transaction is reported as an open-market or private sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,840 shares
Net Sell
1 txn
Insider
Garcia Susan
Role
GC & Chief Compliance Officer
Sold
6,840 shs ($29K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 6,840 | $4.18 | $29K |
Holdings After Transaction:
Common Stock — 139,109 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.18 to $4.25. 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.
Key Figures
Shares sold: 6,840 shares
Weighted average sale price: $4.18 per share
Sale price range: $4.18 to $4.25 per share
+2 more
5 metrics
Shares sold
6,840 shares
Common stock sold by Susan Garcia on August 17, 2026
Weighted average sale price
$4.18 per share
Reported Column 4 price for the 6,840 shares sold
Sale price range
$4.18 to $4.25 per share
Range of prices for multiple transactions making up the sale
Shares owned after transaction
139,109 shares
Direct holdings of Susan Garcia following the sale
Net buy/sell shares in filing
-6,840 shares
Net effect of all reported transactions in this Form 4
Key Terms
restricted stock units, weighted average price, mandatory sale, Rule 10b5-1
4 terms
restricted stock units financial
"due upon the release and settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
mandatory sale financial
"Represents the aggregate number of shares sold ... as a result of a mandatory sale"
Rule 10b5-1 regulatory
"The filing’s Rule 10b5-1 checkbox is not marked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did CS Disco (LAW) report for Susan Garcia?
CS Disco reported that Susan Garcia, its GC & Chief Compliance Officer, sold 6,840 shares of common stock on August 17, 2026. The sale was reported as an open-market or private transaction associated with settling equity compensation.
Was Susan Garcia’s CS Disco (LAW) trade under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked, indicating the sale is not affirmed as made under a Rule 10b5-1 trading plan. The footnotes instead emphasize the mandatory nature of the tax-covering sale.
What type of equity award triggered the tax-covering sale at CS Disco (LAW)?
The sale was triggered by the release and settlement of restricted stock units (RSUs). Shares were sold to cover required taxes and fees arising from the RSU vesting and settlement event.
AI-generated analysis. How Rhea-AI works. Not financial advice.
