Form 4: CS Disco Officer Sells Shares for Tax Cover

CS Disco, Inc. officer Susan Garcia reported a sale of 6,972 shares of common stock to cover taxes and fees associated with restricted stock units.

Summary

• Susan Garcia, GC & Chief Compliance Officer at CS Disco, Inc. (LAW), reported a transaction on May 18, 2026.
• The transaction involved the sale of 6,972 shares of common stock.
• These shares were sold at a weighted average price of $3.61, with individual sales ranging from $3.61 to $3.62.
• The sale was conducted to cover mandatory taxes and fees due upon the release and settlement of restricted stock units.
• Following this transaction, Garcia beneficially owns 145,949 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the sale is explicitly for tax coverage and not indicative of a change in the executive's confidence in the company's prospects.

Negatives

• Sale of company stock by a key executive, even if for tax purposes, can sometimes be perceived negatively by the market.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, which solely reports a past transaction.

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

StockSavvy.ai notes that Form 4 filings are routine disclosures for insider transactions. While this specific transaction is for tax coverage, any sale by a company officer can draw market attention, especially in the technology sector where CS Disco operates.

Stakeholder Impact

• Shareholders: The sale is for tax purposes and does not necessarily reflect a negative view of the company's future performance, but any insider selling can create short-term market perception issues.

Key Dates

Keywords

CS Disco, LAW, Form 4, Insider Trading, Stock Sale, Restricted Stock Units, Tax Cover, Securities and Exchange Commission