Welcome to our dedicated page for CS Disco SEC filings (Ticker: LAW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
CS Disco, Inc. filings document the public reporting framework for a cloud-native legal technology company listed on the NYSE under LAW. Recent 8-K reports furnish quarterly and annual operating results, including software revenue, total revenue, customer activity and product developments tied to the DISCO platform, Cecilia AI and eDiscovery offerings.
Proxy and governance filings describe director elections, board composition, auditor ratification and stockholder meeting matters. Other current reports cover officer appointments, director appointments, compensatory arrangements and emerging growth company status, while recurring disclosures address the company’s legal technology business, capital structure and public-company controls.
CS Disco, Inc. reported a Form 144 disclosure showing insider activity in its Common Stock. The filing lists a sale of $25,114.76 for 8,171 shares on 02/17/2026. The excerpt also shows 6,966 restricted stock units vesting on 02/27/2026 under equity compensation.
CS Disco, Inc. reported a Form 144 disclosing proposed sales tied to equity compensation and recent vested restricted stock units. The filing lists 6,700 shares associated with Morgan Stanley Smith Barney LLC and shows 17,460 shares tied to a 02/27/2026 vesting of restricted stock units.
CS Disco, Inc. provides cloud-native, AI-powered software that automates legal hold, legal requests, ediscovery, document review and case management for enterprises, law firms, service providers and governments. Its Cecilia AI platform and tools like Auto Review and Case Builder aim to speed factual analysis and reduce manual work.
As of December 31, 2025, the company served 1,549 customers, including 330 generating over $100,000 in annual revenue, with a dollar-based net retention rate of 98%. Revenue is concentrated in the U.S., with less than 10% from international customers, and no single customer accounted for more than 10% of revenue.
CS Disco highlights multiple growth levers, including deeper penetration of existing accounts, new customer acquisition, international expansion, channel partnerships, and potential acquisitions. Key risks center on data privacy and cybersecurity obligations, intense competition from legal service providers and software rivals, evolving AI regulation, reliance on third-party cloud and software providers, and the need to manage rapid growth while maintaining strong internal controls.
CS Disco reported stronger fourth-quarter and full-year 2025 results while remaining unprofitable. Q4 2025 total revenue was $41.2 million, up 11% year over year, with software revenue of $35.1 million, up 14%. GAAP net loss improved to $8.5 million from $25.2 million, and Adjusted EBITDA was $(2.2) million versus $(4.3) million.
For 2025, software revenue reached $134.0 million, up 12%, and total revenue was $156.8 million, up 8%. GAAP net loss narrowed to $44.4 million from $55.8 million, and Adjusted EBITDA improved to $(10.2) million from $(18.7) million. Management highlighted over 600% growth in revenue from its Cecilia AI platform and Auto Review in Q4 2025 and launched a new agentic AI tool and bundled commercial model.
For 2026, CS Disco guides software revenue to $145.5–$152.5 million and total revenue to $167.0–$177.0 million, with expected Adjusted EBITDA between $(8.5) million and $(4.5) million. At December 31, 2025, the company held $19.7 million in cash and cash equivalents and $94.9 million in short-term investments and used $14.9 million of cash in operating activities during 2025.
CS Disco, Inc. reported that Chief Executive Officer Eric Friedrichsen acquired new equity awards in the form of restricted stock units (RSUs) for its common stock. He received 221,949 RSUs and 151,695 RSUs at a price of $0.00 per share as equity compensation grants.
The larger RSU grant was originally awarded in February 2025 subject to performance-based conditions tied to 2025 results, which were certified on February 18, 2026. One quarter of these RSUs will vest after two full business days following the company’s 2025 earnings release, with the remainder vesting in twelve equal quarterly installments beginning May 16, 2026, contingent on continued service.
The additional 151,695 RSUs will vest in sixteen equal quarterly installments starting May 16, 2026, also subject to Friedrichsen’s continued service with the company. Following these awards, he directly holds 1,492,672 shares of CS Disco common stock.
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.
CS Disco EVP and Chief Product & Technology Officer Richard Francis Crum reported equity compensation grants and a related tax sale of common stock. On February 18, 2026, he acquired 61,110 and 69,841 shares through restricted stock unit awards at no cost, increasing his direct holdings.
The awards consist of time-based RSUs that vest in 16 equal quarterly installments starting on May 16, 2026, and performance-based RSUs certified for 2025 performance, which will vest partly after the 2025 earnings release and otherwise in 12 equal quarterly installments beginning on May 16, 2026. On February 17, 2026, 6,508 shares were sold at a weighted average price of $3.07 per share, solely to cover taxes and fees due upon RSU settlement, according to the disclosure.
CS Disco, Inc. general counsel and chief compliance officer Susan Garcia reported both equity awards and a small share sale. She received two restricted stock unit awards covering 42,910 and 41,730 shares of common stock, each representing rights to receive one share per unit as they vest.
The first RSU grant vests in 16 equal quarterly installments starting on May 16, 2026, subject to continued service. The second, granted in February 2025 and tied to 2025 performance certified on February 18, 2026, will vest one-quarter after two full business days following the company’s 2025 earnings release, with the remainder vesting in twelve equal quarterly installments beginning May 16, 2026.
Garcia also sold 3,743 shares of common stock on February 17, 2026, at a weighted average price of $3.07 per share, in transactions executed between $3.04 and $3.08. According to the disclosure, this sale was a mandatory transaction solely to cover taxes and fees due upon the release and settlement of RSUs, and she did not otherwise dispose of shares for any other reason.
CS Disco, Inc. executive Karen Herckis, EVP and Chief HR Officer, reported a mix of stock awards and a small share sale. She acquired 41,726 shares and 27,866 shares of common stock at a price of $0.00 per share through grants classified as restricted stock unit (RSU) awards. One RSU grant vests in 16 equal quarterly installments starting on May 16, 2026, while another performance-based RSU grant tied to 2025 results will vest partly after the company releases 2025 earnings and the rest in twelve quarterly installments beginning on May 16, 2026, all subject to continued service. On February 17, 2026, she sold 8,171 shares of common stock at a weighted average price of $3.07 per share, in multiple trades between $3.04 and $3.08, solely to cover taxes and fees due upon RSU settlement.
CS Disco, Inc. reported that Chief Executive Officer Eric Friedrichsen had 35,699 shares of common stock withheld on February 16, 2026 to cover taxes due on the vesting of a time-based restricted stock award. This was a tax-withholding disposition, not a discretionary open-market sale. After this transaction, he directly owned 1,119,028 shares, including 1,000 shares acquired through the 2021 Employee Stock Purchase Plan for the August 1, 2025 to January 31, 2026 purchase period.