Form 4: CS Disco Executive Melanie Antoon Reports Stock Sale to Cover Taxes
SEC Form 4 Filing
EVP and Chief Customer Officer of CS Disco, Melanie Antoon, sold 2,759 shares of common stock on May 17, 2024, to cover taxes and fees related to the settlement of restricted stock units.
Summary
- Melanie Antoon, EVP and Chief Customer Officer of CS Disco, Inc. (LAW), reported a transaction on May 17, 2024.
- Antoon sold 2,759 shares of common stock at a weighted average price of $6.65 per share, with prices ranging from $6.65 to $6.70.
- The sale was a mandatory transaction to cover taxes and fees due upon the release and settlement of restricted stock units.
- Following the transaction, Antoon beneficially owns 172,059 shares of CS Disco common stock directly.
- A power of attorney was executed on April 4, 2024, granting certain individuals the authority to file SEC forms on Antoon's behalf.
Sentiment
Score: 5
Explanation: The document describes a routine stock sale by an executive to cover tax obligations, which is neither particularly positive nor negative.
Industry Context
Executive stock sales are a common occurrence and are often related to compensation and tax obligations. This transaction appears to be routine and related to the vesting of restricted stock units.
Key Dates
| Date | Description |
|---|---|
| 04/04/2024 | Date of execution of Power of Attorney |
| 05/17/2024 | Date of stock sale transaction |
| 05/21/2024 | Date of signature on the Form 4 filing |
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