CS Disco (LAW) EVP Antoon sells 4,882 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CS Disco, Inc. executive Melanie Antoon reported an open-market sale of 4,882 shares of common stock at a weighted-average price of $3.24 per share. The shares were sold solely to cover taxes and fees due on the settlement of restricted stock units. After this transaction, she directly holds 284,611 shares of CS Disco common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,882 shares ($15,818)
Net Sell
1 txn
Insider
Antoon Melanie
Role
EVP, Chief Customer Officer
Sold
4,882 shs ($16K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,882 | $3.24 | $16K |
Holdings After Transaction:
Common Stock — 284,611 shares (Direct)
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 $3.10 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
What insider transaction did CS Disco (LAW) report for Melanie Antoon?
CS Disco reported that executive Melanie Antoon sold 4,882 shares of common stock. The sale was an open-market transaction tied to the settlement of restricted stock units and was conducted only to cover required taxes and related fees.
Was the CS Disco (LAW) insider sale by Melanie Antoon discretionary?
The sale was not discretionary in the usual sense; it was a mandatory sale to cover taxes and fees. Footnotes explain all 4,882 shares were sold solely to satisfy tax and fee obligations from restricted stock unit settlement.
What was the nature of the CS Disco (LAW) Form 4 transaction for Melanie Antoon?
The Form 4 reports an open-market sale of common stock classified under code “S.” Footnotes clarify the sale represented mandatory tax and fee withholding on restricted stock unit settlement, rather than a voluntary reduction of her investment position.