CS Disco (NYSE: LAW) exec holds 335,183 shares after tax sale

Rhea-AI Filing Summary

CS Disco, Inc. (LAW) reported that EVP and Chief Product & Technology Officer Richard Francis Crum sold 7,426 shares of common stock on August 17, 2026, in an open-market or private transaction at a weighted average price of $4.18 per share, with individual trades ranging from $4.18 to $4.25. The company reports this was a mandatory sale solely to cover taxes and fees due upon the release and settlement of restricted stock units, and no additional shares were sold for any other purpose. Following this sale, Crum directly holds 335,183 shares of CS Disco common stock, including 1,000 shares acquired through the 2021 Employee Stock Purchase Plan for the purchase period from February 1, 2026 to July 31, 2026, bought at 85% of the July 31, 2026 closing price.

Insider Trade Summary

Net Seller: 7,426 shares

Net Sell 1 txn

Insider Crum Richard Francis

Role EVP, Chief Prod & Tech Officer

Sold 7,426 shs ($31K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F2, F3	7,426	$4.18	$31K

Holdings After Transaction: Common Stock — 335,183 shares (Direct)

Footnotes (3)

1. 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.
2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.18 to $4.25. 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.
3. F3. Includes 1,000 shares acquired pursuant to the 2021 Employee Stock Purchase Plan ("ESPP"), for the purchase period of February 1, 2026 to July 31, 2026. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the Issuer's common stock on July 31, 2026.

Key Figures

Shares sold: 7,426 shares Weighted average sale price: $4.18 per share Post-transaction holdings: 335,183 shares +3 more

6 metrics

Shares sold 7,426 shares Common stock sale on August 17, 2026 by EVP Richard Francis Crum

Weighted average sale price $4.18 per share Weighted average price for 7,426 shares sold; individual trades from $4.18 to $4.25

Post-transaction holdings 335,183 shares Directly owned CS Disco common stock after the reported sale

ESPP shares included 1,000 shares Shares acquired under the 2021 Employee Stock Purchase Plan for 2/1/2026–7/31/2026

ESPP purchase discount 85% of closing price ESPP purchase price equal to 85% of CS Disco’s closing price on July 31, 2026

Sale price range $4.18 to $4.25 per share Range of prices for multiple sale transactions making up the 7,426 shares

Key Terms

restricted stock units, weighted average price, Employee Stock Purchase Plan, mandatory sale

4 terms

restricted stock units financial

"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.

Employee Stock Purchase Plan financial

"shares acquired pursuant to the 2021 Employee Stock Purchase Plan ("ESPP")"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

mandatory sale financial

"shares sold by the Reporting Person as a result of a mandatory sale to cover taxes"

FAQ

What insider transaction did LAW executive Richard Francis Crum report on this Form 4?

Richard Francis Crum reported a sale of 7,426 CS Disco (LAW) shares on August 17, 2026. The company states the shares were sold to cover taxes and fees due upon restricted stock unit settlement, with no additional discretionary sales.

At what prices were the 7,426 CS Disco (LAW) shares sold by Richard Francis Crum?

The 7,426 CS Disco (LAW) shares were sold at a weighted average price of $4.18 per share. The sales occurred in multiple transactions at prices ranging from $4.18 to $4.25, as disclosed in the footnotes.

How many CS Disco (LAW) shares does Richard Francis Crum hold after this reported sale?

After the reported sale, Richard Francis Crum directly holds 335,183 shares of CS Disco (LAW) common stock. This total includes 1,000 shares acquired through the company’s 2021 Employee Stock Purchase Plan for the February–July 2026 purchase period.

Why did CS Disco (LAW) executive Richard Francis Crum sell 7,426 shares?

According to the disclosure, the 7,426 CS Disco (LAW) shares were sold solely to cover taxes and fees related to the release and settlement of restricted stock units. The filing states no additional shares were sold for any other purpose.

What details are disclosed about the ESPP shares held by CS Disco (LAW) executive Richard Francis Crum?

The filing states that Crum’s post-transaction holdings include 1,000 shares acquired under CS Disco’s 2021 Employee Stock Purchase Plan. These were bought for the February 1–July 31, 2026 period at 85% of the July 31, 2026 closing price.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/19/2026 - 04:41 PM Accepted by SEC EDGAR 08/19/2026 - 04:41 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Crum Richard Francis

(Last) (First) (Middle)

111 CONGRESS AVE.

SUITE 900

(Street)

AUSTIN TEXAS 78701

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CS Disco, Inc. [ LAW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Prod & Tech Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/17/2026		S		7,426(1)	D	$4.18(2)	335,183(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.18 to $4.25. 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.

3. Includes 1,000 shares acquired pursuant to the 2021 Employee Stock Purchase Plan ("ESPP"), for the purchase period of February 1, 2026 to July 31, 2026. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the Issuer's common stock on July 31, 2026.

Remarks:

	/s/ Aaron Barfoot, Attorney-in-Fact	08/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)