Form 4: CS Disco HR Chief Sells Shares for Tax Obligations

CS Disco's EVP, Chief HR Officer, Karen Herckis, sold 5,826 shares of common stock to cover tax obligations related to restricted stock unit settlement.

Summary

• Karen Herckis, Executive Vice President and Chief HR Officer of CS Disco, Inc., reported a sale of 5,826 shares of common stock.
• The transaction occurred on November 17, 2025, at a weighted average price of $6.59 per share.
• The sale was mandatory, executed solely to cover taxes and fees due upon the release and settlement of restricted stock units.
• Following this transaction, Karen Herckis beneficially owns 140,430 shares of CS Disco common stock directly.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a mandatory sale to cover tax obligations from restricted stock unit vesting, not a discretionary sale indicating a change in management's outlook on the company.

Future Outlook

NA

Industry Context

This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: The sale represents a minor dilution of ownership by an insider, but it is a non-discretionary event for tax purposes and not indicative of a lack of confidence.
• Employees: The transaction is a standard part of equity compensation for executives, reflecting the vesting of restricted stock units.

Key Dates

Keywords

CS Disco, LAW, Form 4, Insider Trading, Stock Sale, Restricted Stock Units, Tax Obligations, Karen Herckis