Friedrichsen Eric 4
Research Summary
AI-generated summary
CS Disco (LAW) CEO Eric Friedrichsen Receives RSU Award
What Happened
Eric Friedrichsen, CEO of CS Disco (LAW), was granted restricted stock units (RSUs) in two awards: 151,695 RSUs on 2026-02-18 and 221,949 RSUs on 2026-02-20 (total = 373,644 RSUs). Both transactions are coded as acquisitions/awards (code A) and were reported at $0.00 per share (these are compensation awards, not open-market purchases).
Key Details
- Transaction dates and price: 151,695 RSUs on 2026-02-18 @ $0.00; 221,949 RSUs on 2026-02-20 @ $0.00. Filing date: 2026-02-20.
- Total RSUs granted: 373,644. Report shows these as RSU awards (not immediate stock transfers).
- Shares owned after transaction: not disclosed in the Form 4.
- Footnotes: F1 = RSU award granted Feb 2025 tied to 2025 performance (certified Feb 18, 2026); vesting: 1/4 vests after two full business days following release of 2025 earnings, remainder vests in 12 quarterly installments beginning May 16, 2026, subject to continuous service. F2 = RSUs vest in 16 equal quarterly installments beginning May 16, 2026, subject to continuous service.
- Timeliness: Filed on 2026-02-20 for transactions on 2/18 and 2/20 — reported within the typical two-business-day SEC window.
Context
RSUs are compensation awards that convert to shares only as they vest; each RSU represents a contingent right to one share. These awards reflect compensation/performance recognition rather than an open-market buy or sell; they do not by themselves indicate immediate insider buying sentiment. Vesting schedules and service requirements determine when (and if) the shares become owned and tradable.