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Insider Cluster (3 insiders) ·Filed Feb 27, 2026

LAW

CS Disco, Inc.
BULLISH
Impact 8/10
Horizonweeks Processed7mo ago
Insider cluster: 3 insiders, $3.5M total
Actionable Insight ▲ Bullish

The scale and participation of both a major insider and the CEO suggest strong conviction in near-term prospects. Traders should watch for follow-on buying, upcoming earnings, or potential catalysts such as product updates or M&A interest.

DirectionBullish
Confidencehigh
Horizonweeks
Final — all horizons settled through T+60d ⚠ clustered
LAW ▲ +16.62% at T+60d
LONG call ✓ call won +16.62% · α vs SPY +7.23% · entry $3.25 → $3.79
Entry = T+0 close
Feb 26, 2026
via day close
T+1d
+8.31%
call +8.31% · α +8.25%
$3.52
settled 8mo ago
T+5d
+47.38%
call +47.38% · α +49.37%
$4.79
settled 8mo ago
T+20d
+13.23%
call +13.23% · α +20.79%
$3.68
settled 7mo ago
T+60d
+16.62%
call +16.62% · α +7.23%
$3.79
settled 5mo ago

Price Chart

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Executive Summary

Multiple insiders at CS Disco, Inc. (LAW) purchased shares in the open market over a two-day window, including a major $3.28M buy by Robert P. Goodman. The total cluster value exceeds $3.5M, representing approximately 1.6% of the company's $223M market cap, signaling strong confidence in the stock at current levels.

Key Financial Metrics

Direction
buying
Total Value
$3.5M
Insiders
3

Key Facts

  • Robert P. Goodman purchased 1,026,700 shares for $3,275,173 at $3.19 per share on February 27, 2026
  • CEO Eric Friedrichsen purchased 15,500 shares for $44,950 at $2.90 per share on February 27, 2026
  • Krishna Srinivasan bought 45,000 shares in two transactions totaling $143,850
  • All transactions were open-market purchases (Form 4 code 'P'), indicating direct capital commitment
  • Total insider buying in the past 7 days: $3.5M across 4 trades

Financial Impact

$3.5M in insider purchases over 7 days, ~1.6% of $223M market cap

insider ownershipmarket sentimentfloat reduction

Risk Factors

  • Insider purchases do not guarantee positive outcomes — fundamentals must support valuation
  • Stock may already be pricing in optimism if price has risen ahead of broader news

Market Snapshot

Exchange
NYSE

Investment Themes

Software & IT

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (4 trades, 7d window)cluster-LAW-1772584450555
11 reports for LAW
Performance horizon
100% Hit rate @ T+60 3 of 3 directional calls Went positive at some point 3 of 3 best @ T+5▲ +51.81%Feb 25, 2026
Filters
Rows
Reports for LAW — sortable, filterable
TypeNow
Aug 19, 2026
9w ago
Insider Cluster
NEUTRAL ★ 3/10
$4.34awaiting T+60—$4.97 (+14.52%)
Aug 5, 2026
11w ago
8-K
NEUTRAL ★ 4/10
$4.05awaiting T+60—$4.97 (+22.72%)
Jul 23, 2026
13w ago
8-K
NEUTRAL ★ 2/10
$3.52 $4.69▲ +33.24%▲ +28.69%$4.97 (+41.19%)
Jun 11, 2026
19w ago
Institutional Cluster
MIXED ★ 4/10
$3.58 $4.24▲ +18.44%▲ +14.04%$4.97 (+38.83%)
May 19, 2026
22w ago
Insider Cluster
NEUTRAL ★ 3/10
$3.84awaiting T+60—$4.97 (+29.43%)
May 6, 2026
24w ago
8-K
BULLISH ★ 7/10
$3.72 $3.90▲ +4.84%▲ +2.78%$4.97 (+33.60%)
Apr 23, 2026
26w ago
8-K
NEUTRAL ★ 3/10
$3.94 $4.11▲ +4.31%▼ −0.70%$4.97 (+26.14%)
Feb 27, 2026
34w ago
Insider Cluster
BULLISH ★ 7/10
$3.25 $3.79▲ +16.62%▲ +7.23%$4.97 (+52.92%)
Feb 27, 2026
34w ago
Insider Cluster
BULLISH ★ 8/10
$3.25 $3.79▲ +16.62%▲ +7.23%$4.97 (+52.92%)
Feb 27, 2026
34w ago
Insider Cluster
NEUTRAL ★ 4/10
$3.25 $3.79▲ +16.62%▲ +7.23%$4.97 (+52.92%)
Showing 10 of 11

US Market Status

Market Open — Closes in 2m

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Report published Mar 3, 2026