Form 4: Director Thomas Bogan Receives RSU Grant at CS Disco
Statement of Changes in Beneficial Ownership
Director Thomas Bogan was granted 41,096 restricted stock units by CS Disco, Inc. as part of his ongoing service.
Summary
- Director Thomas Bogan acquired 41,096 restricted stock units (RSUs) in CS Disco, Inc. (LAW) on June 10, 2026.
- The grant was issued at a price of $0 per share.
- Following this transaction, Bogan's total beneficial ownership of common stock increased to 212,186 shares.
- The RSUs are subject to a vesting schedule of 4 equal quarterly installments starting June 10, 2026, with full vesting occurring no later than the day before the 2027 annual meeting.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of immediate market impact.
Positives
- The grant aligns the interests of the director with those of shareholders through equity-based compensation.
Negatives
- The issuance of RSUs results in potential future dilution for existing shareholders.
Risks
- Vesting is contingent upon the director's continuous service to the company.
Future Outlook
The RSUs will vest in four equal quarterly installments, ensuring the director remains incentivized through the 2027 annual meeting.
Industry Context
StockSavvy.ai notes that equity grants to board members are standard corporate governance practice in the legal technology sector to ensure long-term alignment with company performance.
Comparison to Industry Standards
- The use of RSU-based compensation for board members is consistent with standard practices for publicly traded SaaS and legal-tech companies.
- The vesting schedule is typical for director equity awards in the technology sector.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Director granted Power of Attorney to company officers for SEC filing purposes. | 02/09/2026 | Standard administrative procedure to facilitate timely regulatory compliance. |
Stakeholder Impact
- Shareholders may experience minor dilution upon the eventual vesting and settlement of the RSUs.
Next Steps
- Vesting of RSU installments on a quarterly basis.
- Full vesting by the day preceding the 2027 annual meeting of stockholders.
Key Dates
| Date | Description |
|---|---|
| 02/09/2026 | Date of Power of Attorney execution. |
| 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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