CS Disco Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:LAW Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
19 May 25	SellUS$60,502	Michael Lafair	Individual	15,395	US$3.93
19 May 25	SellUS$463,952	Eric Friedrichsen	Individual	118,054	US$3.93
19 May 25	SellUS$23,089	Karen Herckis	Individual	5,875	US$3.93
19 May 25	SellUS$28,119	Melanie Antoon	Individual	7,155	US$3.93
26 Feb 25	SellUS$19,147	Michael Lafair	Individual	3,747	US$5.11
26 Feb 25	SellUS$19,582	Karen Herckis	Individual	3,832	US$5.11
26 Feb 25	SellUS$14,431	Melanie Antoon	Individual	2,824	US$5.11
18 Feb 25	SellUS$68,228	Michael Lafair	Individual	13,146	US$5.19
18 Feb 25	SellUS$22,961	Karen Herckis	Individual	4,424	US$5.19
18 Feb 25	SellUS$17,013	Melanie Antoon	Individual	3,278	US$5.19
18 Nov 24	SellUS$65,027	Michael Lafair	Individual	12,042	US$5.40
18 Nov 24	SellUS$19,521	Karen Herckis	Individual	3,615	US$5.40
18 Nov 24	SellUS$14,440	Melanie Antoon	Individual	2,674	US$5.40
19 Aug 24	SellUS$14,374	Melanie Antoon	Individual	3,039	US$4.73
19 Aug 24	SellUS$19,462	Karen Herckis	Individual	4,106	US$4.74
19 Aug 24	SellUS$54,641	Michael Lafair	Individual	11,552	US$4.73
14 Aug 24	BuyUS$134,808	Scott Hill	Individual	25,000	US$5.43

Insider Trading Volume

Insider Buying: LAW insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of LAW?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	19,974	0.0328%
Individual Insiders	5,560,243	9.14%
General Public	6,981,806	11.5%
Institutions	17,765,217	29.2%
VC/PE Firms	30,479,813	50.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 83.49% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
14.2%	Bessemer Venture Partners	8,652,826	US$35.0m	0%	2.22%
13.3%	LiveOak Ventures	8,104,869	US$32.7m	0%	no data
12.8%	The Stephens Group, LLC	7,796,632	US$31.5m	0%	16.79%
9.74%	Georgian	5,925,486	US$23.9m	0%	100.0%
6.46%	Kiwi Camara	3,929,555	US$15.9m	0%	no data
3.18%	The Vanguard Group, Inc.	1,934,723	US$7.8m	-1.13%	no data
3.07%	BlackRock, Inc.	1,868,406	US$7.5m	-3.08%	no data
2.93%	Topline Capital Management, LLC	1,784,222	US$7.2m	-6.58%	1.33%
2.92%	Norges Bank Investment Management	1,774,256	US$7.2m	0%	no data
2.36%	Franklin Resources, Inc.	1,435,566	US$5.8m	-6.57%	no data
1.82%	Solel Partners LP	1,105,244	US$4.5m	-3.79%	0.82%
1.67%	Lakewood Capital Management, LP	1,016,531	US$4.1m	0%	0.36%
1.32%	Formula Growth Limited	800,000	US$3.2m	6.67%	1.19%
1.21%	Dimensional Fund Advisors LP	733,275	US$3.0m	0.84%	no data
1.18%	ArrowMark Colorado Holdings, LLC	720,177	US$2.9m	-5.32%	0.05%
0.99%	Geode Capital Management, LLC	604,943	US$2.4m	1.22%	no data
0.95%	Michael Lafair	578,540	US$2.3m	3.29%	no data
0.85%	State Street Global Advisors, Inc.	516,765	US$2.1m	-1.09%	no data
0.41%	Northern Trust Global Investments	249,296	US$1.0m	-3.46%	no data
0.37%	Scott Hill	223,230	US$901.8k	18.1%	no data
0.36%	Jacobs Levy Equity Management Inc	217,461	US$878.5k	-0.8%	no data
0.34%	JPMorgan Chase & Co, Brokerage and Securities Investments	205,430	US$829.9k	-20.8%	no data
0.33%	GSA Capital Partners LLP	203,039	US$820.3k	-2.2%	0.07%
0.33%	Charles Schwab Investment Management, Inc.	199,652	US$806.6k	-2.15%	no data
0.31%	Whetstone Capital Advisors, LLC	185,970	US$751.3k	0%	0.25%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/06/16 19:40
End of Day Share Price	2025/06/13 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CS Disco, Inc. is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Koji Ikeda	BofA Global Research
David Hynes	Canaccord Genuity
Tyler Radke	Citigroup Inc