CS Disco (LAW) CEO adds 15,500 shares in open-market stock purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CS Disco, Inc. Chief Executive Officer Eric Friedrichsen reported an open-market purchase of 15,500 shares of common stock at a weighted average price of $2.90 per share. After this transaction, he directly owns 1,508,172 shares of CS Disco common stock.
The filing notes the shares were bought in multiple trades at prices ranging from $2.89 to $2.92 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 15,500 shares ($44,950)
Net Buy
1 txn
Insider
Friedrichsen Eric
Role
Chief Executive Officer
Bought
15,500 shs ($45K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 15,500 | $2.90 | $45K |
Holdings After Transaction:
Common Stock — 1,508,172 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CS Disco (LAW) report in this Form 4?
CS Disco reported that CEO Eric Friedrichsen made an open-market purchase of 15,500 shares of common stock. The transaction reflects a personal investment at a weighted average price of $2.90 per share, executed across multiple trades within a narrow price range.
Was the CS Disco (LAW) CEO’s Form 4 transaction an open-market purchase?
Yes. The transaction is identified as an open-market purchase of common stock. The Form 4 characterizes it as a “Purchase in open market or private transaction,” with 15,500 shares acquired at a weighted average price of $2.90 per share.
Is the CS Disco (LAW) CEO’s ownership direct or indirect after this trade?
The Form 4 indicates the CEO’s ownership is direct following the transaction. The ownership code is marked as “D” for direct, and the nature of ownership field is blank, confirming the 1,508,172 shares are held directly rather than through an intermediary entity.