CS Disco (NYSE: LAW) EVP granted RSUs, sells shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CS Disco, Inc. executive Melanie Antoon, EVP and Chief Customer Officer, reported stock-based compensation and a related tax sale. She acquired 42,910 and 43,162 shares of common stock at $0.00 per share through awards of restricted stock units, each subject to multi-year quarterly vesting tied to continued service and, for one grant, previously certified 2025 performance. On a separate date, she sold 9,289 shares of common stock at a weighted average price of $3.07 per share. According to the disclosure, this sale was a mandatory transaction solely to cover taxes and fees due upon the release and settlement of restricted stock units, and she did not dispose of additional shares for any other purpose.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,289 shares ($28,517)
Net Sell
3 txns
Insider
Antoon Melanie
Role
EVP, Chief Customer Officer
Sold
9,289 shs ($29K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 42,910 | $0.00 | -- |
| Grant/Award | Common Stock | 43,162 | $0.00 | -- |
| Sale | Common Stock | 9,289 | $3.07 | $29K |
Holdings After Transaction:
Common Stock — 246,331 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 $3.04 to $3.08. 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. Represents a restricted stock unit ("RSU") award. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs shall vest in 16 equal quarterly installments with the first vest date occurring on May 16, 2026, and shall continue to vest on each quarterly date thereafter, subject to the Reporting Person's continuous service to the Issuer through each vesting date. Represents RSUs that were granted in February 2025 subject to performance-based vesting conditions pertaining to 2025 performance, the achievement of which was certified by the Compensation Committee on February 18, 2026. Of these RSUs, 1/4th of the shares will vest after two full business days have elapsed following the Issuer's release of 2025 earnings, and the remainder will vest in twelve equal quarterly installments with the first vest date occurring on May 16, 2026, and shall continue to vest on each quarterly date thereafter, subject to the reporting person's continuous service to the Issuer through each vesting date.
