LAW CS Disco, Inc. Insider Trading

CEO Friedrichsen buys 9,000 shares at $3.97 amid stock decline; fourth open-market purchase in 36 months with historically well-timed 30-day outcomes.

Friedrichsen, the Chief Executive Officer, purchased 9,000 shares on the open market, marking his fourth such acquisition in the past three years. The stock is currently trading well below its 52-week high, having declined significantly from its peak. His prior three open-market purchases at this same ticker all generated gains in the following month, though the longer-term picture is more mixed, with one of those prior buys ultimately followed by a significant decline over a three-month horizon. Friedrichsen's purchases have been consistent: he has not sold shares on the open market in the past three years, only accumulated. The company remains unprofitable and has not yet returned to positive earnings, though revenue has grown modestly year-over-year, creating a backdrop where a CEO share purchase carries credibility weight given the visible operational pressure and the company's need to prove its turnaround story.

Director Hill Scott A bought 50,000 shares in 2 transactions at $3.31–$3.73 (avg $3.38); stock now trades at $4.19 amid cluster buy.

Director Hill Scott A purchased 50,000 shares totaling $169,245.56 in two open-market transactions on March 2–3, 2026, at prices ranging from $3.31 to $3.73, representing an initial $0K position acquisition. The stock has declined significantly since purchase, currently trading 18.3% above his blended average price of $3.38 but down 53.0% from its 52-week high and down 34.9% over the trailing 30 days. Notably, 3 other insiders also bought within the past 14 days, forming a cluster purchase pattern. His prior two buys at this ticker (2024-08-13 and 2024-08-14) each generated positive 90-day returns of 10.8% and 6.4% respectively, establishing a favorable historical pattern at LAW. However, the company remains unprofitable (net income $-13.7M on revenue of $40.9M in the latest quarter) and the stock is under significant downward pressure, warranting verification of whether this represents sustained insider confidence or a misalignment with deteriorating market conditions.

Director Robert P. Goodman bought 1,026,700 shares of CS Disco (LAW) at $3.19, expanding position to 1,038,475 shares; three other insiders bought within 14 days.

Robert P. Goodman, as Director, purchased 1,026,700 shares at $3.19 on 2026-02-27, increasing his total holdings from 11,775 to 1,038,475 shares—a +8719.3% expansion of his position. The purchase occurs against a backdrop of significant stock price weakness: the current price of $3.93 sits -55.9% from the 52-week high and down -37.1% over 30 days. Notably, this transaction is part of a cluster pattern, with 3 other insiders also buying within the past 14 days, indicating coordinated insider accumulation at depressed price levels. The company remains unprofitable (net income of $-13,665,000.00 in the latest quarter) despite modest 8.3% annual revenue growth, making the scale of this insider purchase—and its synchronization with other board and management activity—a material data point for investors monitoring both stock recovery signals and management conviction amid operating losses.

CEO Eric Friedrichsen bought 15,500 shares at $2.90 (stock -60.5% from 52-week high); cluster buy signals amid unprofitable fundamentals.

CEO Eric Friedrichsen purchased 15,500 shares of LAW at $2.90 on 2026-02-27, bringing his holdings to 1,508,172 shares. The transaction occurred amid severe price deterioration: the stock is currently -60.5% from its 52-week high and has declined -43.7% over 30 days and -51.5% over 90 days. LAW trades at a $222.9M market cap but reported a net loss of $-13.7M on $40.9M quarterly revenue, with the company unprofitable on a full-year basis. His prior two LAW purchases (2025-11-10 and 2025-08-11) yielded mixed results: one generated a +46.1% 90-day return while the other produced a -39.5% 90-day outcome, suggesting inconsistent timing precision at this specific ticker. Notably, 3 other insiders also bought within the past 14 days, forming a cluster buy pattern. The convergence of CEO accumulation, coordinated insider buying, and a deeply depressed stock price warrants scrutiny of whether the company's fundamentals support a floor or reflect deteriorating business conditions.

Director Srinivasan Krishna bought 45,000 shares (45.0K) for $143,850.00 at CS Disco (LAW) across 2 purchases; part of cluster buy with 3 other insiders in 14 days.

Srinivasan Krishna, a Director at CS Disco, executed 2 separate purchases totaling 45,000 shares for $143,850.00 (blended average $3.20) on 2026-02-26 and 2026-02-27, establishing a new position where he held zero shares pre-transaction. The timing coincides with a broader insider buying cluster: 3 other insiders also made purchases within the past 14 days. CS Disco is currently unprofitable on a full-year basis with net income of $-13.7M against revenue of $40.9M, and the stock is trading at -60.5% from its 52-week high and down -43.7% over the past 30 days, suggesting a material price decline preceding the purchases. This convergence of multiple insider buyers during a period of significant drawdown and continued losses warrants investor scrutiny of whether management-level confidence is shifting or whether structural business challenges remain unresolved.

Director Offerdahl buys 3,000 LAW shares at $3.99 despite 62.2% decline from 52-week high; stock at $3.37 currently

Director James Offerdahl purchased 3,000 shares of CS Disco at $3.99 on 2026-02-09, increasing his holdings to 223,652 shares. The purchase occurs in a depressed price environment: the stock trades at $3.37, down 62.2% from its 52-week high of $8.91 and down 54.5% over the prior 30 days. Offerdahl's prior two purchases at LAW both demonstrated positive 90-day outcomes (+17.7% and +5.2% respectively), with both trades well-timed relative to subsequent price action. However, the company remains unprofitable with net income of $-13.7M against quarterly revenue of $40.9M, and the stock's recent sharp declines suggest meaningful deterioration in investor confidence. The purchase signal must be weighed against both the company's negative earnings trajectory and the magnitude of recent price weakness.

CEO Friedrichsen buys 6,660 shares of LAW at $6.68; holds 1,153,727 shares post-transaction. Stock up 14.8% (30d), 47.2% (90d).

Friedrichsen's $44,488.80 open-market purchase of 6,660 shares extends a documented pattern: his one prior buy at LAW on 2025-08-11 also posted strong subsequent returns (30d +23.1%, 90d +46.1%), consistent with his cross-ticker track record average of 90d +46.1% with a 100% win rate. The current transaction occurred near the stock's 52-week high ($7.14), and the 90-day price trajectory from that August purchase (+46.1%) aligns precisely with his historical buy timing. However, the company remains unprofitable (latest full-year net income $-13,665,000.00) despite quarterly revenue of $40,919,000.00 and annual growth of 4.9%, creating a tension between insider purchase momentum and fundamentally challenged earnings. The stock's recent surge (14.8% in 30 days, 47.2% in 90 days) follows this purchase, raising the question of whether the insider is accumulating ahead of operational inflection or validating already strong market momentum.

Director Thomas F. Bogan buys 7,001 shares (7.0K) of LAW at $5.98; stock now -12.9% from 52-week high as company remains unprofitable.

Thomas F. Bogan, a director at CS Disco Inc., purchased 7,001 shares at $5.98 on 2025-11-04, increasing his holdings to 171,090 shares (a 4.3% increase). This represents his third buy of LAW within the past two weeks (prior buys on 2025-10-20 and 2025-10-17), continuing a pattern of accumulated purchases despite near-term headwinds. The stock is currently trading at $6.22, down 12.9% from its 52-week high of $7.14, and the company remains unprofitable with a net loss of $13.7M against quarterly revenue of $40.9M. His cross-ticker track record shows 6 prior buys with an average 30-day return of +4.1%, though his same-ticker history at LAW is too recent to measure meaningful outcomes. The near-term price weakness and sustained unprofitability warrant close monitoring of whether this accumulation reflects fundamental conviction or a timing misjudgment.

Director Bogan buys 24,831 shares at avg $5.95; holdings rise 17.8% to 164,089 shares at unprofitable company LAW

Director Thomas F Bogan executed 2 separate purchases totaling 24,831 shares for $147,773.30 ($147.8K) on 2025-10-17 and 2025-10-20 at blended average price $5.95. His holdings increased 17.8% from 139,258 shares to 164,089 shares post-transaction. This marks his fourth consecutive buy at LAW over the past month (2025-09-12, 2025-09-15, 2025-09-16, 2025-10-07 prior, now 2025-10-17 and 2025-10-20), establishing a sustained accumulation pattern at the stock. The company reported net income of $-10,812,000.00 (negative) in its latest quarter with revenue $38,106,000.00, and was unprofitable over its most recent full fiscal year. At current price $6.06, the stock is -10.2% from its 52-week high and down -5.2% over the past 30 days, though it has risen +46.4% over 90 days; his prior same-ticker buys show measured near-term returns (+7.0%, +4.8%, +0.5% at 30 days on the three measurable trades).

CS Disco director Thomas F. Bogan bought 13,680 shares at $5.95 on 2025-10-07, raising holdings to 139,258 shares (+10.9%)

Thomas F. Bogan, a director of CS Disco (LAW), purchased 13,680 shares at $5.95 on 2025-10-07 for a total value of $81,396.00, expanding his holdings by 10.9% to 139,258 shares. This purchase occurs in the context of three consecutive buys within a six-day window (2025-09-12, 2025-09-15, and 2025-09-16), suggesting sustained accumulation, though outcomes from those earlier trades remain unmeasurable. The company is unprofitable with net income of $-10,812,000.00 in its latest quarter despite annual revenue growth of 4.9%, and the stock currently trades at $6.15, down 8.9% from its 52-week high. The transaction reflects a significant allocation of capital by a director during a period of recent strategic accumulation, but the company's fundamental challenges and the timing relative to measurable price performance remain open questions.