CS Disco HR chief sells 8,562 shares for taxes
CS Disco EVP and Chief HR Officer Karen Herckis reported an open-market sale of 8,562 shares of common stock at a weighted average price of $3.61 per share.
Rhea-AI Filing Summary
CS Disco EVP and Chief HR Officer Karen Herckis reported an open-market sale of 8,562 shares of common stock at a weighted average price of $3.61 per share. According to the disclosure, all shares were sold in a mandatory transaction to cover taxes and fees due upon the release and settlement of restricted stock units.
Following this tax-related sale, Herckis directly holds 189,311 shares of CS Disco common stock. The filing notes that the price per share reflects a weighted average of multiple trades executed between $3.60 and $3.62.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,562 | $3.61 | $31K |
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 $3.60 to $3.62. 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
Key Terms
restricted stock units financial
weighted average price financial
open-market sale financial
mandatory sale financial
FAQ
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