CS Disco CEO reports tax-withheld share disposition
CS Disco, Inc. reported that Chief Executive Officer Eric Friedrichsen had 35,699 shares of common stock withheld on February 16, 2026 to cover taxes due on the vesting of a time-based restricted stock award.
Rhea-AI Filing Summary
CS Disco, Inc. reported that Chief Executive Officer Eric Friedrichsen had 35,699 shares of common stock withheld on February 16, 2026 to cover taxes due on the vesting of a time-based restricted stock award. This was a tax-withholding disposition, not a discretionary open-market sale. After this transaction, he directly owned 1,119,028 shares, including 1,000 shares acquired through the 2021 Employee Stock Purchase Plan for the August 1, 2025 to January 31, 2026 purchase period.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 35,699 | $3.71 | $132K |
Footnotes (2)
- F1. These shares were withheld by the Issuer to cover the tax liability upon the vesting of a time-based restricted stock award previously granted, and does not represent a discretionary sale by the reporting person.
- F2. 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.
FAQ
What did CS Disco (LAW) CEO Eric Friedrichsen report in this Form 4?
Was the CS Disco (LAW) CEO’s Form 4 a discretionary stock sale?
Does the Form 4 for CS Disco (LAW) indicate any open-market buying or selling by the CEO?
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