Form 4: CS Disco Executive Melanie Antoon Sells Shares to Cover Taxes and Fees
SEC Form 4 Filing
Melanie Antoon, EVP and Chief Customer Officer of CS Disco, sold 2,824 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, Melanie Antoon, the EVP and Chief Customer Officer of CS Disco, Inc. (LAW), sold 2,824 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, Antoon directly owns 253,834 shares of CS Disco common stock.
Sentiment
Score: 6
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction to cover tax obligations. It doesn't inherently convey positive or negative sentiment about the company's prospects.
Management Comments
- 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.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives and are generally not indicative of a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of transaction: Sale of 2,824 shares of common stock. |
| 02/28/2025 | Date of signature by Attorney-in-Fact. |
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