CS Disco, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by CS Disco, Inc. on April 22, 2026. The filing addresses corporate governance changes, specifically the appointment of a new director and the expiration of terms for two existing directors.
Key Financial Metrics
The filing does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The only financial figures disclosed relate to director compensation arrangements.
Material Changes
- Board Expansion and Appointment: The Board size was increased from nine to ten directors. Toby Williams was appointed as a Class II independent director, effective immediately.
- Board Reduction: Colette Pierce Burnette and Aaron Clark will not stand for reelection. Upon the expiration of their terms at the 2026 Annual Meeting, the Board size will be reduced from ten to eight directors.
- Compensation Arrangements: Mr. Williams received an initial equity award of Restricted Stock Units (RSUs) valued at $300,000, vesting over 12 quarters. He is also eligible for an annual cash retainer of $35,000 and future annual equity awards valued at $150,000 commencing with the 2027 annual meeting.
Guidance, Outlook, and Risks
The filing contains no management commentary regarding business outlook, guidance, risks, contingencies, or unusual items. It is strictly a disclosure of director personnel changes and associated compensation.
Key Facts for Investor Verification
- Verify the independence status of the newly appointed director, Toby Williams, under NYSE rules.
- Confirm the vesting schedule and grant date valuation for the $300,000 initial RSU award.
- Monitor the 2026 Annual Meeting to confirm the reduction of the Board size to eight directors.
- Review the standard indemnification agreement filed as Exhibit 10.5 to the Company's Form S-1.