Form 4: CS Disco Executive Melanie Antoon Sells Shares to Cover Taxes and Fees

Melanie Antoon, EVP and Chief Customer Officer of CS Disco, Inc., sold 2,006 shares of common stock on February 28, 2024, to cover taxes and fees associated with the release and settlement of Restricted Stock Units (RSUs).

Summary

• On February 28, 2024, Melanie Antoon, the EVP and Chief Customer Officer of CS Disco, Inc. (LAW), sold 2,006 shares of the company's common stock.
• The sale was executed at a price of $6.82 per share.
• The transaction was a mandatory sale to cover taxes and fees due upon the release and settlement of RSUs.
• Following the transaction, Antoon directly owns 174,818 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 RSU settlement.

Industry Context

Sales of shares to cover taxes on RSU releases are a common practice among corporate executives and do not necessarily reflect a negative outlook on the company's future.

Key Dates