CS Disco EVP sells shares to cover tax withholding
CS Disco, Inc. executive Richard Francis Crum, EVP and Chief Product & Technology Officer, reported an open-market sale of 6,262 shares of common stock at a weighted average price of $3.24 per share.
Rhea-AI Filing Summary
CS Disco, Inc. executive Richard Francis Crum, EVP and Chief Product & Technology Officer, reported an open-market sale of 6,262 shares of common stock at a weighted average price of $3.24 per share. According to the filing, all shares were sold solely to cover taxes and fees due upon the release and settlement of restricted stock units, and not for discretionary portfolio reasons. Following this mandatory tax-related sale, he continues to hold 349,101 shares of CS Disco common stock directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,262 | $3.24 | $20K |
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 $3.10 to $3.37. 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.
FAQ
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