Form 4: Director Scott Hill Receives RSU Grant at CS Disco
Statement of Changes in Beneficial Ownership
Director Scott A. Hill was granted 41,096 restricted stock units by CS Disco, Inc. on June 10, 2026.
Summary
- Director Scott A. Hill acquired 41,096 restricted stock units (RSUs) in CS Disco, Inc. (LAW).
- The transaction occurred on June 10, 2026, at a price of $0 per share as part of an equity award.
- Following this transaction, the reporting person directly owns 264,326 shares of common stock.
- The reporting person also maintains an indirect interest in 50,000 shares held by a trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation, which is neutral in terms of immediate market impact.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
- The RSU grant indicates continued commitment from a board member.
Negatives
- The issuance of RSUs results in potential future dilution for existing shareholders.
Risks
- Vesting is subject to the reporting person's continuous service to the issuer through each vesting date.
Future Outlook
The RSUs vest in 4 equal quarterly installments starting from June 10, 2026, and will be fully vested by the day preceding the 2027 annual meeting of stockholders, provided continuous service is maintained.
Industry Context
StockSavvy.ai notes that equity grants to directors are standard corporate governance practices in the technology sector to ensure long-term alignment between board members and shareholders.
Comparison to Industry Standards
- The use of RSU grants for director compensation is consistent with standard practices for publicly traded SaaS and legal-tech companies.
- Vesting schedules tied to annual meetings are common among mid-cap technology firms.
Stakeholder Impact
- Shareholders may experience minor dilution upon the eventual vesting and settlement of the RSUs.
Next Steps
- Quarterly vesting of the granted RSUs over the next year.
Key Dates
| Date | Description |
|---|---|
| 06/10/2026 | Date of RSU grant and earliest transaction. |
| 06/11/2026 | Date of filing. |
Keywords
CS Disco, LAW, Form 4, Insider Trading, Restricted Stock Units, Director Compensation
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