Form 4: CS Disco Director, Colette Pierce Burnette, Receives Stock Award

Director Colette Pierce Burnette received a stock award of 24,958 common stock units from CS Disco, Inc. on June 13, 2024.

Summary

• On June 13, 2024, Colette Pierce Burnette, a director of CS Disco, Inc., received a stock award.
• The award consisted of 24,958 shares of common stock.
• Ms. Burnette also disposed of 24,958 shares of common stock.
• Following the transaction, Ms. Burnette beneficially owns 57,605 shares of CS Disco, Inc.
• The stock units vest in equal quarterly installments starting June 13, 2024, and will be fully vested before the 2025 annual meeting of stockholders, contingent upon continuous service.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard compensation practices and aligns director interests with shareholders.

Positives

• The stock award aligns the director's interests with those of the shareholders.
• The vesting schedule encourages continued service to the company.

Future Outlook

The vesting of the stock units is contingent upon the director's continuous service to the company.

Industry Context

Stock awards are a common form of compensation for directors and executives in publicly traded companies, aligning their interests with those of shareholders.

Stakeholder Impact

• The stock award aligns the director's interests with those of the shareholders, potentially leading to decisions that benefit the company's long-term value.

Key Dates