Research Summary
AI-generated summary of this SEC filing
CS Disco (LAW) GC Susan Garcia Sells 6,840 Shares
What Happened
- Susan Garcia, General Counsel & Chief Compliance Officer of CS Disco (LAW), sold 6,840 shares on August 17, 2026. The reported total proceeds were $28,591. The filing lists the sale as an open-market/private sale (code S) and characterizes the disposition as a mandatory sale to cover taxes and fees related to the release/settlement of restricted stock units.
Key Details
- Transaction date: 2026-08-17; Form 4 filed: 2026-08-19 (timely).
- Reported weighted-average price: $4.18; trade prices ranged from $4.18 to $4.25 per footnote, with the aggregate proceeds of $28,591.
- Shares sold: 6,840 (tax-withholding sale tied to RSU settlement; Reporting Person did not sell shares for any other reason).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 confirms the sale was mandatory to cover taxes/fees on RSU release; F2 notes the reported price is a weighted average and the filer can provide per-trade prices on request.
Context
- Tax-withholding sales on RSU vesting are routine insider transactions and do not necessarily indicate a view on the company’s prospects. This was a sale to satisfy tax obligations rather than a discretionary open-market unload.