Melanie Antoon reduces stake to 239,781 shares after mandatory RSU tax sale
Rhea-AI Filing Summary
CS Disco, Inc. (LAW) reporting person Melanie Antoon, EVP & Chief Customer Officer, recorded a sale of 6,898 shares of common stock on 08/18/2025 at a weighted-average price of $4.82 per share, executed as multiple transactions priced between $4.82 and $4.86. The filing states the sales were mandatory to cover taxes and fees upon settlement of restricted stock units and that no other dispositions were made. After the sale, the reporting person beneficially owned 239,781 shares. The Form 4 was signed by an attorney-in-fact on 08/20/2025.
Positive
- None.
Negative
- Insider sold 6,898 shares to cover taxes and fees, reducing direct beneficial ownership from the prior level to 239,781 shares
Insights
TL;DR: Insider sold a small block to satisfy tax obligations from RSU vesting; ownership remains substantial.
The Form 4 documents a routine, clearly explained disposition tied to tax withholding on vested restricted stock units rather than an open-market deliberate divestiture. The reporting person retains 239,781 shares after the mandatory sale of 6,898 shares, preserving significant alignment with shareholders. Disclosure is complete with a weighted-average price range and an offer to provide per-trade detail on request, which supports transparency.
TL;DR: Transaction appears administrative; not an indicated signal of changed insider conviction based on filing text.
The filing specifies the sale was solely to cover taxes and fees upon RSU settlement, with shares sold across prices from $4.82 to $4.86 and a weighted-average of $4.82. The residual beneficial holding of 239,781 shares remains after the transaction. Given the explicit reason and modest size of the sale relative to the remaining position, the filing reads as routine personal tax-related activity rather than material insider-driven liquidity event.