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

Melanie Antoon, EVP and Chief Customer Officer of CS Disco, sold 7,155 shares of common stock on May 19, 2025, to cover taxes and fees associated with the release and settlement of restricted stock units.

Summary

• On May 19, 2025, Melanie Antoon, the EVP and Chief Customer Officer of CS Disco, Inc., sold 7,155 shares of the company's common stock.
• The sale was executed to cover taxes and fees due upon the release and settlement of restricted stock units.
• The shares were sold at a weighted average price of $3.93, with individual transactions ranging from $3.93 to $3.95.
• Following the transaction, Antoon directly owns 246,679 shares of CS Disco common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an executive stock sale for tax purposes. It doesn't convey any particularly positive or negative sentiment about the company's prospects.

Industry Context

Executive stock sales are a common occurrence, often related to compensation and tax obligations. The sale itself doesn't necessarily indicate a negative outlook for the company, but it's important to monitor insider transactions for any patterns or significant changes in ownership.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units that vest over time.
• Upon vesting, executives typically sell a portion of the shares to cover income taxes.
• The percentage of shares sold for tax purposes varies depending on individual tax situations and company policies.
• Comparing Antoon's transaction to similar transactions by executives at comparable companies (e.g., legal tech firms like Relativity or Everlaw) would provide further context.

Key Dates

Keywords

CS Disco, Melanie Antoon, stock sale, Form 4, restricted stock units, executive compensation, insider trading