Garcia Susan 4
Research Summary
AI-generated summary
CS Disco (LAW) GC Susan Garcia Sells 6,972 Shares
What Happened
- Susan Garcia, General Counsel & Chief Compliance Officer of CS Disco (NASDAQ: LAW), disposed of 6,972 shares on 2026-05-18. The shares were sold at a weighted average price of $3.61 (trade prices ranged $3.61–$3.62), for proceeds of approximately $25,169. This was a sale (disposition) made to cover taxes and fees related to the release/settlement of restricted stock units.
Key Details
- Transaction date: 2026-05-18; Form 4 filed: 2026-05-19 (appears timely).
- Shares sold: 6,972; weighted average price: $3.61; price range: $3.61–$3.62.
- Total reported proceeds: ~$25,169.
- Footnote F1: Sale was a mandatory tax/fee withholding upon RSU settlement — the reporting person did not sell shares for any other reason.
- Footnote F2: Price is a weighted average; issuer/staff can request per-trade breakdown.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
- These sales were tax-withholding dispositions tied to RSU settlement, a routine administrative action rather than an open-market decision to reduce holdings for investment reasons. Such mandatory withholdings are common following equity awards and do not necessarily indicate insider sentiment about the company.