Domo Board Member Strengthens Position with New Stock Grant
Rhea-AI Filing Summary
Domo Director Dan Strong received a grant of 13,461 restricted stock units (RSUs) on June 24, 2025. The RSUs represent the right to receive an equivalent number of Class B Common Stock shares at a $0 exercise price, subject to vesting conditions outlined in the company's outside director compensation policy.
Following this transaction, Strong beneficially owns 67,687 shares of Class B Common Stock directly. The RSUs will be forfeited if Strong ceases to be a service provider before vesting. The Form 4 was filed by Alexis Coll as attorney-in-fact on June 26, 2025.
- Transaction Type: RSU Grant (Acquisition)
- Security Type: Class B Common Stock
- Direct Ownership: Yes
- Role: Director
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 13,461 shares
Net Buy
1 txn
Insider
Strong Dan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 13,461 | $0.00 | $0.00 |
Holdings After Transaction:
Class B Common Stock — 67,687 shares (Direct)
Footnotes (1)
- F1. The shares are represented by restricted stock units (each, an "RSU"). Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock of the Issuer, subject to the applicable vesting schedule set forth in the Issuer's outside director compensation policy. In the event the Reporting Person ceases to be a service provider, the unvested RSUs will be canceled by the Issuer.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What was the purchase price of DOMO RSUs granted to Dan Strong?
The RSUs were granted to Dan Strong at $0 cost, as they are part of DOMO's outside director compensation policy.
What happens to Dan Strong's unvested DOMO RSUs if he leaves the company?
If Dan Strong ceases to be a service provider, any unvested RSUs will be canceled by DOMO.
Who signed the Form 4 filing for DOMO director Dan Strong?
The Form 4 was signed by Alexis Coll, acting as attorney-in-fact, on June 26, 2025.