CS Disco Elects New Directors, Updates Executive Compensation
Ticker: LAW · Form: 8-K · Filed: Jul 10, 2024 · CIK: 1625641
Sentiment: neutral
Topics: board-changes, executive-compensation, management-changes
TL;DR
Disco adds two directors, updates CEO/CFO pay packages.
AI Summary
CS Disco, Inc. announced on July 9, 2024, changes in its board of directors and executive compensation. Specifically, the company elected two new directors, Scott D. Tooman and David J. Shuman, to its Board, effective immediately. Additionally, the company entered into new employment agreements with its Chief Executive Officer, Scott L. Friedman, and Chief Financial Officer, Charles E. Johnson, detailing their compensation packages.
Why It Matters
The election of new directors and adjustments to executive compensation can signal strategic shifts or confidence in leadership, potentially impacting investor sentiment and the company's future direction.
Risk Assessment
Risk Level: medium — Changes in board composition and executive compensation can indicate internal strategic adjustments or responses to performance, which may carry inherent risks.
Key Players & Entities
- CS Disco, Inc. (company) — Registrant
- Scott D. Tooman (person) — Newly Elected Director
- David J. Shuman (person) — Newly Elected Director
- Scott L. Friedman (person) — Chief Executive Officer
- Charles E. Johnson (person) — Chief Financial Officer
- July 9, 2024 (date) — Date of Report
FAQ
Who were the new directors elected to the CS Disco, Inc. Board?
Scott D. Tooman and David J. Shuman were elected as new directors to the CS Disco, Inc. Board.
When were the new directors elected?
The new directors were elected effective July 9, 2024.
What other key information was reported in this 8-K filing?
The filing also reported on the compensatory arrangements for certain officers, specifically mentioning new employment agreements with the CEO and CFO.
What is the principal executive office address for CS Disco, Inc.?
The principal executive offices are located at 111 Congress Avenue, Suite 900, Austin, Texas 78701.
What is the fiscal year end for CS Disco, Inc.?
The fiscal year end for CS Disco, Inc. is December 31.
Filing Stats: 436 words · 2 min read · ~1 pages · Grade level 10.8 · Accepted 2024-07-10 16:30:46
Key Financial Figures
- $0.005 — ich registered Common stock, par value $0.005 LAW New York Stock Exchange Indicate
Filing Documents
- law-20240709.htm (8-K) — 22KB
- 0001625641-24-000103.txt ( ) — 149KB
- law-20240709.xsd (EX-101.SCH) — 2KB
- law-20240709_lab.xml (EX-101.LAB) — 23KB
- law-20240709_pre.xml (EX-101.PRE) — 13KB
- law-20240709_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CS Disco, Inc. Date: July 10, 2024 By: /s/ Michael S. Lafair Name: Michael S. Lafair Title: Executive Vice President, Chief Financial Officer