Antoon Melanie 4

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.