Form 4: CS Disco HR Chief Sells Shares for Tax Obligations
Insider Transaction Report
CS Disco's EVP, Chief HR Officer, Karen Herckis, sold 5,677 shares of common stock to cover tax obligations related to restricted stock units.
Summary
- Karen Herckis, EVP, Chief HR Officer of CS Disco, Inc. (LAW), reported a sale of common stock.
- The transaction occurred on August 18, 2025.
- A total of 5,677 shares were sold at a weighted average price of $4.82 per share, with prices ranging from $4.82 to $4.86.
- The sale was mandatory to cover taxes and fees associated with the release and settlement of restricted stock units.
- Following the transaction, Herckis beneficially owns 146,256 shares of CS Disco common stock.
Sentiment
Score: 5
Explanation: The transaction is a non-discretionary sale to cover tax obligations related to restricted stock units, which is a routine event and does not reflect a change in management's outlook on the company.
Future Outlook
This filing does not contain forward-looking statements or guidance.
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
This insider transaction report is a routine compliance filing and does not provide information related to broader industry trends or competitors.
Stakeholder Impact
- Minimal direct impact on shareholders as the sale is non-discretionary and for tax purposes, not indicative of a change in company fundamentals or management confidence.
Key Dates
| Date | Description |
|---|---|
| 08/18/2025 | Date of transaction for common stock sale. |
| 08/20/2025 | Signature date of the reporting person's attorney-in-fact. |
Recommendation
holdThe filing is a routine Form 4 reporting a non-discretionary sale of shares by an executive to cover tax obligations from restricted stock unit vesting. This type of transaction is common and does not typically signal a change in the company's fundamentals or management's confidence, thus warranting a 'hold' recommendation based solely on this filing.
Keywords
CS Disco, LAW, Form 4, insider transaction, stock sale, restricted stock units, executive compensation, Karen Herckis
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