CS Disco HR chief sells 8,487 shares at $4.18 avg

CS Disco, Inc. (LAW) executive Karen Herckis, EVP and Chief HR Officer, reported a sale of 8,487 shares of common stock on 2026-08-17.

Rhea-AI Filing Summary

CS Disco, Inc. (LAW) executive Karen Herckis, EVP and Chief HR Officer, reported a sale of 8,487 shares of common stock on 2026-08-17. The shares were sold in multiple trades at a weighted average price between $4.18 and $4.25 per share to cover taxes and fees due upon the release and settlement of restricted stock units. Following these transactions, Herckis directly holds 181,824 shares of CS Disco common stock, which includes 1,000 shares acquired through the company’s 2021 Employee Stock Purchase Plan for the purchase period from February 1, 2026 to July 31, 2026.

Insider Trade Summary

Net Seller: 8,487 shares

Net Sell 1 txn

Insider Herckis Karen

Role EVP, Chief HR Officer

Sold 8,487 shs ($35K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F2, F3	8,487	$4.18	$35K

Holdings After Transaction: Common Stock — 181,824 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: 8,487 shares Sale price range: $4.18–$4.25 per share Weighted average price (reported): $4.18 per share +3 more

6 metrics

Shares sold 8,487 shares Common stock sold on 2026-08-17 to cover taxes and fees

Sale price range $4.18–$4.25 per share Weighted average price range for multiple sale transactions on 2026-08-17

Weighted average price (reported) $4.18 per share Weighted average sale price disclosed in Column 4 for the 8,487 shares

Shares owned after transaction 181,824 shares Directly held common stock following the 2026-08-17 sale

ESPP shares included 1,000 shares Acquired under 2021 Employee Stock Purchase Plan for 2026-02-01 to 2026-07-31 period

ESPP purchase discount 85% of closing price ESPP shares purchased at 85% of CS Disco’s closing price on 2026-07-31

Key Terms

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

3 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did LAW executive Karen Herckis report on this Form 4?

Karen Herckis reported selling 8,487 shares of CS Disco, Inc. (LAW) common stock on 2026-08-17. The sale was made to cover taxes and fees associated with the release and settlement of restricted stock units.

At what prices were the LAW shares sold in Karen Herckis’s recent transaction?

The shares were sold at a weighted average price, with individual trades occurring between $4.18 and $4.25 per share. The Form 4 notes multiple transactions within this range and offers to provide detailed trade breakdowns upon request.

How many LAW shares does Karen Herckis hold after the reported sale?

After the sale, Karen Herckis directly holds 181,824 shares of CS Disco (LAW) common stock. This total includes 1,000 shares purchased under the 2021 Employee Stock Purchase Plan during the February 1, 2026 to July 31, 2026 period.

Why did Karen Herckis sell 8,487 LAW shares according to the Form 4 footnotes?

The Form 4 states the 8,487 shares were sold as a mandatory sale to cover taxes and fees due on the release and settlement of restricted stock units. It clarifies no additional shares were sold for other reasons.

What does the Form 4 say about Karen Herckis’s LAW shares from the ESPP?

Her post-transaction holdings include 1,000 shares acquired under the 2021 Employee Stock Purchase Plan for the February 1, 2026 to July 31, 2026 purchase period. These ESPP shares were bought at 85% of LAW’s closing price on July 31, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/19/2026 - 04:44 PM Accepted by SEC EDGAR 08/19/2026 - 04:43 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^*

Herckis Karen

(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 HR 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		8,487(1)	D	$4.18(2)	181,824(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)