CS Disco (LAW) EVP sells 8,590 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CS Disco, Inc. executive Melanie Antoon, EVP and Chief Customer Officer, reported an open-market sale of 8,590 shares of common stock at a weighted average price of about $3.61 per share, with trades ranging from $3.61 to $3.63. According to the disclosure, all shares were sold in a mandatory sale to cover taxes and fees due upon the release and settlement of restricted stock units, and were not disposed of for any other reason. Following this tax-related transaction, Antoon directly holds 276,021 shares of CS Disco common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,590 shares ($31,010)
Net Sell
1 txn
Insider
Antoon Melanie
Role
EVP, Chief Customer Officer
Sold
8,590 shs ($31K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,590 | $3.61 | $31K |
Holdings After Transaction:
Common Stock — 276,021 shares (Direct, null)
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 $3.61 to $3.63. 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: 8,590 shares
Weighted average sale price: $3.61 per share
Post-transaction holdings: 276,021 shares
+1 more
4 metrics
Shares sold
8,590 shares
Open-market sale on 2026-05-18 to cover RSU taxes and fees
Weighted average sale price
$3.61 per share
Common stock sale with trades from $3.61 to $3.63
Post-transaction holdings
276,021 shares
Directly held by Melanie Antoon after the reported sale
Price range of trades
$3.61–$3.63 per share
Multiple transactions executed within this price range
Key Terms
restricted stock units, weighted average price, open-market sale, mandatory sale
4 terms
restricted stock units financial
"mandatory sale to cover taxes and fees 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.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
mandatory sale financial
"Represents the aggregate number of shares sold ... as a result of a mandatory sale to cover taxes and fees"
FAQ
What insider transaction did CS Disco (LAW) report for Melanie Antoon?
Melanie Antoon reported selling 8,590 CS Disco shares. The sale was an open-market transaction tied to covering taxes and fees from restricted stock units, rather than a discretionary reduction of her investment position.
Does this CS Disco (LAW) Form 4 indicate a trading plan or discretionary sale?
The filing describes a mandatory sale to cover RSU-related taxes and fees. It does not characterize the transaction as a discretionary portfolio move, instead tying it directly to restricted stock unit settlement obligations.