LAW insider purchases: Director adds 24,831 CS Disco shares via plan
Rhea-AI Filing Summary
CS Disco (LAW) reported insider purchases by a director. On 10/17/2025, the director bought 17,902 common shares at a weighted average price of $5.94 (trades ranged from $5.86 to $5.99) pursuant to a Rule 10b5-1 plan adopted on June 13, 2025.
On 10/20/2025, the director purchased an additional 6,929 shares at a weighted average price of $5.98 (range $5.94 to $5.99). Following these transactions, beneficial ownership stood at 164,089 shares, held directly.
Positive
- None.
Negative
- None.
Insights
Routine 10b5-1 insider buys; neutral signal
The filing shows a director of CS Disco purchased shares on 10/17/2025 and 10/20/2025 under a pre-arranged Rule 10b5-1 plan adopted on June 13, 2025. Prices were reported as weighted averages with specified ranges, indicating multiple executions.
Post-trade beneficial ownership is 164,089 shares held directly. As a routine Form 4 with plan-based purchases, this is typically administrative and does not, by itself, alter the investment thesis.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 6,929 | $5.98 | $41K |
| Purchase | Common Stock | 17,902 | $5.94 | $106K |
Footnotes (1)
- Shares were purchased pursuant to a Rule 10b5-1 trading plan, adopted June 13, 2025. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.86 to $5.99. 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 purchased at each separate price within the range. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.94 to $5.99. 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 purchased at each separate price within the range.