Form 4: CS Disco Officer Sells Shares for Tax Obligations

CS Disco's EVP, Chief Customer Officer, Melanie Antoon, sold 4,882 shares of common stock to cover tax liabilities related to restricted stock unit settlement.

Summary

• Melanie Antoon, Executive Vice President and Chief Customer Officer of CS Disco, Inc. [LAW], reported a transaction involving the company's common stock.
• On March 2, 2026, Antoon disposed of 4,882 shares of common stock.
• The shares were sold at a weighted average price of $3.24 per share, with individual transactions ranging from $3.10 to $3.37.
• This sale was a mandatory transaction to cover taxes and fees due upon the release and settlement of restricted stock units (RSUs).
• Following this transaction, Melanie Antoon beneficially owns 284,611 shares of CS Disco common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sale is a routine, mandatory transaction to cover tax liabilities from RSU vesting and does not reflect a discretionary decision by the insider regarding the company's future.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

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.
• The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the reported range upon request.

Industry Context

StockSavvy.ai notes that sales of shares by executives to cover tax obligations upon the vesting or settlement of restricted stock units (RSUs) are a common and routine occurrence in the technology sector and across publicly traded companies. These transactions are typically pre-arranged and not indicative of a change in management's outlook on the company's prospects.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, non-discretionary sale for tax purposes and does not signal a change in insider confidence or company fundamentals.

Key Dates

Recommendation

This Form 4 filing details a routine, mandatory sale of shares by an executive to cover tax obligations arising from restricted stock unit vesting. Such transactions are common and typically pre-scheduled, not reflecting a discretionary decision based on the company's outlook. Therefore, this specific filing does not provide new information that would alter an investment thesis, warranting a 'hold' recommendation based solely on this event.

Keywords

CS Disco, LAW, Form 4, Insider Trading, Stock Sale, Restricted Stock Units, Tax Obligations, Melanie Antoon