Form 4: CS Disco CEO Sells Shares to Cover Taxes and Fees

CS Disco CEO Eric Friedrichsen sold 118,054 shares of common stock on May 19, 2025, to cover taxes and fees associated with the settlement of restricted stock units.

Summary

• On May 19, 2025, Eric Friedrichsen, CEO of CS Disco, Inc., sold 118,054 shares of common stock.
• The sale was executed to cover taxes and fees due upon the release and settlement of restricted stock units.
• The shares were sold at a weighted average price of $3.93, with individual transactions ranging from $3.93 to $3.95.
• Following the transaction, Friedrichsen still beneficially owns 1,136,317 shares of CS Disco common stock.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (selling shares to cover taxes), so the sentiment is neutral.

Management Comments

• 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.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This sale appears to be related to tax obligations rather than a change in sentiment regarding the company's prospects.

Stakeholder Impact

• The sale of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the stated reason for the sale.

Key Dates

Keywords

CS Disco, Eric Friedrichsen, stock sale, Form 4, restricted stock units, taxes, fees, beneficial ownership