Srinivasan Krishna 4

What Happened
Srinivasan Krishna, a director of CS Disco, made open-market purchases totaling 45,000 shares: 5,000 shares at $2.77 on Feb 26 (≈ $13,850) and 40,000 shares reported with a weighted average price of $3.25 on Feb 27 (≈ $130,000). These were outright purchases (code P), which are typically interpreted as a direct buy rather than a sale or derivative action.

Key Details

• Transaction dates and prices:
  • 2026-02-26: 5,000 shares @ $2.77 = $13,850
  • 2026-02-27: 40,000 shares @ weighted avg $3.25 = $130,000 (individual trades ranged $3.03–$3.37; see footnote F1)
• Total reported purchase value: ≈ $143,850
• Shares owned after transaction: Not specified in this filing
• Notable footnotes:
  • F1: The $3.25 figure is a weighted average for multiple purchases on Feb 27 (range $3.03–$3.37); the reporting person can provide a per-trade breakdown on request.
  • F2–F6: The filing also discloses various holdings held by LiveOak-related funds and general partner entities (LiveOak Venture Partners, co-invest vehicles); these notes describe how certain securities are held and disclaimers of beneficial ownership by other parties.
• Filing: Form 4 filed 2026-03-02 reporting transactions on Feb 26–27 (the filing date is included on the form).

Context
These were straightforward open-market purchases (not option exercises, gifts, or awards). Purchases by insiders are often watched by investors as a potential bullish signal, but the filing itself is purely factual and does not state the insider’s reasons. Footnotes indicate some ownership is held through venture/co-investment entities, which is common for directors with fund affiliations.