Form 4: CS Disco GC & Chief Compliance Officer Receives Stock Award

Susan Garcia, GC & Chief Compliance Officer of CS Disco, Inc., reports the acquisition of 89,142 shares of common stock through a restricted stock unit (RSU) award.

Summary

• Susan Garcia, the General Counsel & Chief Compliance Officer of CS Disco, Inc. (LAW), filed a Form 4 on October 31, 2024.
• The filing reports a transaction that occurred on October 29, 2024, where Ms. Garcia acquired 89,142 shares of CS Disco's common stock.
• This acquisition was in the form of a restricted stock unit (RSU) award, with each RSU representing a contingent right to receive one share of the Issuer's Common Stock.
• One-third (33%) of the shares shall vest on November 16, 2025, and the remainder shall vest in 8 quarterly installments on each quarterly date thereafter, subject to continuous service.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The granting of RSUs is a standard practice and indicates confidence in the executive's continued service and the company's future.

Positives

• The RSU award to a key officer aligns her interests with the long-term success of the company.
• The vesting schedule encourages continued service and commitment from the GC & Chief Compliance Officer.

Future Outlook

The vesting schedule of the RSU award suggests an expectation of continued service from the reporting person.

Industry Context

Stock awards are a common form of compensation for executives in publicly traded companies, aligning their interests with those of shareholders.

Stakeholder Impact

• The RSU award aligns the interests of the GC & Chief Compliance Officer with those of the shareholders.
• The vesting schedule incentivizes the officer to remain with the company, which benefits employees and other stakeholders.

Key Dates