Form 4: CS Disco Director Scott A. Hill Acquires 24,958 Shares of Common Stock

Director Scott A. Hill acquired 24,958 shares of CS Disco, Inc. common stock through a restricted stock unit award.

Summary

• On June 13, 2024, Scott A. Hill, a director of CS Disco, Inc., acquired 24,958 shares of common stock.
• The acquisition was through a restricted stock unit (RSU) award.
• The RSUs vest in four equal quarterly installments starting June 13, 2024, and will be fully vested before the 2025 annual meeting of stockholders, contingent upon continuous service.
• Following the transaction, Hill directly owns 164,061 shares of CS Disco, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard insider transaction (RSU grant) without any explicit positive or negative implications.

Positives

• A director increasing their stake in the company can be seen as a positive signal.

Future Outlook

The RSUs will continue to vest in quarterly installments until fully vested before the 2025 annual meeting of stockholders, contingent upon continuous service.

Industry Context

This is a standard Form 4 filing, reflecting a change in beneficial ownership by a company insider. Such filings are common and provide transparency into insider transactions.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder confidence due to insider ownership.

Key Dates