Form 4: CS Disco CFO Lafair Disposes of Shares to Cover Tax Obligations

Michael Lafair, CFO of CS Disco, disposed of 1,639 shares of common stock to cover tax liabilities upon the vesting of a restricted stock award.

Summary

• On February 28, 2025, Michael Lafair, the EVP and Chief Financial Officer of CS Disco, Inc. (LAW), disposed of 1,639 shares of common stock.
• The transaction was executed to cover the tax liability associated with the vesting of a previously granted time-based restricted stock award.
• The shares were withheld by the issuer at a price of $4.82 per share.
• Following the transaction, Lafair beneficially owns 860,407 shares of CS Disco common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction to cover tax obligations, not indicative of a major positive or negative event.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common and don't necessarily indicate a negative outlook on the company.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.

Key Dates

Keywords

CS Disco, LAW, Michael Lafair, CFO, Form 4, Share Disposal, Tax Liability, Restricted Stock Award, Beneficial Ownership