Form 4: CS Disco EVP, Chief HR Officer Karen Herckis Sells Shares to Cover Taxes

Karen Herckis, EVP and Chief HR Officer of CS Disco, Inc., sold 3,832 shares of common stock on February 26, 2025, to cover taxes and fees associated with the release and settlement of restricted stock units.

Summary

• On February 26, 2025, Karen Herckis, the EVP and Chief HR Officer of CS Disco, Inc. (LAW), sold 3,832 shares of common stock.
• The sale was executed at a price of $5.11 per share.
• The transaction was a mandatory sale to cover taxes and fees due upon the release and settlement of restricted stock units.
• Following the transaction, Herckis directly owns 157,808 shares of CS Disco, Inc.
• 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.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine sale of shares to cover tax obligations related to vested stock units. It doesn't necessarily indicate a positive or negative outlook on the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.

Stakeholder Impact

• The sale of shares by an executive could be perceived neutrally by shareholders as it is related to tax obligations.

Key Dates