Domo Founder Shows Faith in Company with Major Stock Purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Form 4 Filing reveals significant insider trading activity at Domo by Founder and CEO James Joshua G on June 20, 2025. The executive acquired 13,025 shares of Class B Common Stock at a weighted average price of $12.7368 per share (ranging from $12.66 to $12.81).
Following the transaction, James's direct ownership stands at 1,079,972 Class B shares. Additionally, he maintains indirect beneficial ownership through multiple entities:
- 3,263,659 shares through Cocolalla LLC (where he serves as Manager)
- 116,600 shares via James Family Charitable Remainder Trust
- 10,000 shares through Cinnamon Birch LLC
- 2,143 shares held by spouse
The filing also notes convertible Class A Common Stock holdings, which can be converted to Class B shares on a one-to-one basis at any time. James serves as Director, 10% Owner, and CEO of Domo.
Positive
- CEO Josh James purchased 13,025 shares at an average price of $12.74 per share, representing a direct investment of approximately $166,000, demonstrating insider confidence
Negative
- None.
Insider Trade Summary
Net Buyer: 13,025 shares ($165,897)
Net Buy
6 txns
Insider
James Joshua G
Role
Founder and CEO
Bought
13,025 shs ($166K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class B Common Stock | 13,025 | $12.7368 | $166K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 1,079,972 shares (Direct);
Class A Common Stock — 3,263,659 shares (Indirect, Cocolalla, LLC);
Class B Common Stock — 116,600 shares (Indirect, James Family Charitable Remainder Trust)
Footnotes (1)
- The purchase price reported in Column 4 of Table I represents the weighted average acquisition price of the shares purchased in multiple transactions ranging from $12.66 to $12.81 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares purchased at each separate price within the ranges set forth herein. The Class A Common Stock is convertible into shares of Class B Common Stock on a one to one basis at any time at the election of the Reporting Person and has no expiration date. The reported securities are held of record by Cocolalla, LLC. The Reporting Person is the Manager of Cocolalla, LLC with voting and dispositive power over the shares.
FAQ
What is the total DOMO stock ownership of James Joshua G after the reported transaction?
Following the transaction, James Joshua G beneficially owns: 1,079,972 shares directly, plus indirect ownership through various entities including 116,600 shares through James Family Charitable Remainder Trust, 429,810 shares through Cocolalla LLC, 2,143 shares through spouse, and 10,000 shares through Cinnamon Birch LLC.
What positions does James Joshua G hold at DOMO according to the Form 4?
According to the Form 4, James Joshua G serves as Founder and CEO of DOMO, and holds multiple positions including: Director, 10% Owner, and Officer.
How many Class A Common Stock conversion rights does James Joshua G control through Cocolalla LLC?
Through Cocolalla LLC, James Joshua G controls 3,263,659 shares of Class A Common Stock that are convertible into Class B Common Stock on a one-to-one basis at any time, with no expiration date.