Form 4: CS Disco Director Susan L. Blount Receives Significant RSU Award

CS Disco, Inc. Director Susan L. Blount was granted 34,169 restricted stock units (RSUs) on June 10, 2025, as part of her compensation, increasing her beneficial ownership to 94,823 shares.

Summary

• Susan L. Blount, a Director of CS Disco, Inc. (LAW), acquired 34,169 shares of Common Stock in the form of a Restricted Stock Unit (RSU) award.
• The transaction date for this acquisition was June 10, 2025.
• The RSUs were acquired at a price of $0, indicating they are a grant rather than a purchase.
• Following this transaction, Ms. Blount's total beneficial ownership of CS Disco Common Stock stands at 94,823 shares.
• The RSUs are scheduled to vest in 4 equal quarterly installments, measured from June 10, 2025.
• The RSUs will become fully vested as of the day immediately preceding the Issuer's 2026 annual meeting of stockholders, if sooner, contingent upon Ms. Blount's continuous service to the Issuer through each vesting date.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive as it represents a routine equity grant to a director, aligning their interests with the company's long-term performance. It does not indicate any significant operational or financial changes.

Positives

• The grant of Restricted Stock Units to a director aligns the director's interests with those of the shareholders, incentivizing long-term performance and commitment.
• The award demonstrates continued confidence in the director's role and contribution to the company.

Future Outlook

The RSU award is structured to vest over time, with 4 equal quarterly installments from June 10, 2025, and full vesting by the day preceding the 2026 annual meeting of stockholders, contingent on the director's continuous service. This indicates an expectation of continued engagement and contribution from the director.

Industry Context

This Form 4 filing details a routine equity compensation grant to a director, a common practice across publicly traded companies to align executive and board member incentives with shareholder value creation. Such grants are a standard component of director compensation packages in the technology and software industry, reflecting a commitment to long-term performance.

Stakeholder Impact

• Shareholders: The RSU grant represents a form of non-cash compensation that aligns the director's interests with shareholder value. However, it also implies potential future dilution upon vesting, though typically minor for individual grants of this size.
• Director (Susan L. Blount): Receives equity compensation, increasing her stake and financial incentive in the company's performance.

Next Steps

• The granted RSUs will vest in 4 equal quarterly installments starting from June 10, 2025.
• The RSUs will become fully vested by the day immediately preceding the Issuer's 2026 annual meeting of stockholders, if sooner.

Key Dates

Keywords

CS Disco, LAW, Form 4, SEC filing, Restricted Stock Units, RSU award, insider transaction, director compensation, equity grant, beneficial ownership