CS Disco, Inc.·4

Feb 19, 6:21 PM ET

Antoon Melanie 4

4 · CS Disco, Inc. · Filed Feb 19, 2026

Research Summary

AI-generated summary of this filing

Updated

CS Disco (LAW) EVP Melanie Antoon Receives RSUs, Sells Shares

What Happened
Melanie Antoon, EVP & Chief Customer Officer of CS Disco (LAW), had two related transactions: a small open-market/mandatory sale of 9,289 shares on Feb 17, 2026 for a weighted-average price of $3.07 ($28,517) and awards of 42,910 and 43,162 restricted stock units (RSUs) reported on Feb 18, 2026 (total 86,072 RSUs) granted at no cash price. The sale was a mandatory tax/fee withholding tied to the settlement/release of RSUs, not an independent investment sell decision.

Key Details

  • Transaction types: S (Sale) on 2026-02-17; A (Award/Grant) on 2026-02-18.
  • Sale: 9,289 shares, weighted-average price $3.07, total proceeds ~$28,517. Reported sale prices ranged $3.04–$3.08. (Footnotes F1, F2: sale was to cover taxes/fees upon RSU settlement; weighted-average price disclosure.)
  • Awards: 42,910 RSUs and 43,162 RSUs (total 86,072 RSUs) reported as granted with $0 purchase price. (Footnotes F3, F4: RSUs vest on a schedule and some were performance-certified.)
  • Vesting details: RSUs vest in 16 equal quarterly installments starting May 16, 2026 (per F3). The performance-based RSUs (granted Feb 2025) were certified Feb 18, 2026; 1/4 vests shortly after the issuer’s 2025 earnings release (after two business days), remainder vests in 12 equal quarterly installments beginning May 16, 2026 (per F4).
  • Shares owned after the transactions: not specified in the filed Form 4.
  • Filing: Form 4 filed Feb 19, 2026 for transactions dated Feb 17–18, 2026 — timely within required reporting window.
  • Remarks: sale classified as mandatory tax withholding rather than a discretionary sale (F1). Exhibit 24 (Power of Attorney) listed.

Context

  • The sale appears to be routine tax withholding associated with RSU settlement rather than a discretionary divestiture; such withholding sales are common and do not necessarily signal insider sentiment.
  • The awards are RSUs (contingent right to receive shares upon vesting); investors should note vesting conditions and timing (service- and performance-based) before treating the grants as immediate share dilution.

Insider Transaction Report

Form 4
Period: 2026-02-17
Antoon Melanie
EVP, Chief Customer Officer
Transactions
  • Sale

    Common Stock

    [F1][F2]
    2026-02-17$3.07/sh9,289$28,517203,421 total
  • Award

    Common Stock

    [F3]
    2026-02-18+42,910246,331 total
  • Award

    Common Stock

    [F4]
    2026-02-18+43,162289,493 total
Footnotes (4)
  • [F1]Represents the aggregate number of shares sold by the Reporting Person as a result of a mandatory sale to cover taxes and fees due upon the release and settlement of restricted stock units. 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.
  • [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.04 to $3.08. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
  • [F3]Represents a restricted stock unit ("RSU") award. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs shall vest in 16 equal quarterly installments with the first vest date occurring on May 16, 2026, and shall continue to vest on each quarterly date thereafter, subject to the Reporting Person's continuous service to the Issuer through each vesting date.
  • [F4]Represents RSUs that were granted in February 2025 subject to performance-based vesting conditions pertaining to 2025 performance, the achievement of which was certified by the Compensation Committee on February 18, 2026. Of these RSUs, 1/4th of the shares will vest after two full business days have elapsed following the Issuer's release of 2025 earnings, and the remainder will vest in twelve equal quarterly installments with the first vest date occurring on May 16, 2026, and shall continue to vest on each quarterly date thereafter, subject to the reporting person's continuous service to the Issuer through each vesting date.
Signature
/s/ Aaron Barfoot, Attorney-in-Fact|2026-02-19

Documents

2 files