Friedrichsen Eric 4
Research Summary
AI-generated summary
CS Disco CEO Eric Friedrichsen Buys 15,500 Shares
What Happened
Eric Friedrichsen, CEO of CS Disco, Inc. (LAW), disclosed an open-market purchase of 15,500 shares on February 27, 2026. The filing reports a weighted-average price of $2.90 per share, for a total purchase value of approximately $44,950. This was a purchase (insider buying can be viewed as a bullish signal, though it does not prove future performance).
Key Details
- Transaction date: 2026-02-27 (filed with the SEC on 2026-03-02 — timely filing).
- Price: weighted average $2.90; actual trade prices ranged from $2.89 to $2.92 (see footnote F1).
- Shares acquired: 15,500; total consideration ≈ $44,950.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: F1 states the reported price is a weighted average across multiple trades and the reporting person will provide detailed price-by-price info on request.
- No 10b5-1 plan, option exercise, gift, or tax-withholding notation was indicated in the provided data.
Context
This was an outright open-market purchase (transaction code P). Insider purchases tend to attract attention from retail investors because they represent executives acquiring company stock with personal funds; however, filings are factual disclosures and do not explain the insider’s motivation.