DOMO (DOMO) CTO Daren Thayne receives 140,121 fully vested RSUs in stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Thayne Daren reported acquisition or exercise transactions in this Form 4 filing.
DOMO, INC. executive Daren Thayne reported an equity grant of Class B Common Stock. He received 140,121 fully vested restricted stock units at a price of $0.0000 per share under the company bonus plan, increasing his direct holdings to 550,416 shares. He also reports 103,552 shares held indirectly through DAREN AND SHARISA THAYNE FAMILY, LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Thayne Daren
Role
CTO & EVP of Product
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 140,121 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 550,416 shares (Direct, null);
Class B Common Stock — 103,552 shares (Indirect, DAREN AND SHARISA THAYNE FAMILY, LLC)
Footnotes (1)
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Key Figures
RSUs granted: 140,121 shares
Grant price per share: $0.0000 per share
Direct holdings after grant: 550,416 shares
+2 more
5 metrics
RSUs granted
140,121 shares
Fully vested Class B Common Stock RSUs granted as bonus
Grant price per share
$0.0000 per share
Price for the RSU grant of Class B Common Stock
Direct holdings after grant
550,416 shares
Class B Common Stock directly owned following award
Indirect holdings
103,552 shares
Class B Common Stock held via DAREN AND SHARISA THAYNE FAMILY, LLC
Transaction code
A
Grant, award, or other acquisition of non-derivative securities
Key Terms
restricted stock units, bonus plan, Class B Common Stock, indirect ownership
4 terms
restricted stock units financial
"Represents fully vested restricted stock units ("RSUs") granted to the Reporting Person pursuant to the Issuer's bonus plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
bonus plan financial
"RSUs granted to the Reporting Person pursuant to the Issuer's bonus plan."
Class B Common Stock financial
"Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock of the Issuer."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
indirect ownership financial
"total_shares_following_transaction 103552.0000, ownership_type indirect, nature_of_ownership DAREN AND SHARISA THAYNE FAMILY, LLC"
FAQ
What insider transaction did DOMO (DOMO) executive Daren Thayne report?
Daren Thayne reported an equity award of 140,121 Class B Common Stock shares. These were granted as fully vested restricted stock units under the company’s bonus plan, representing compensation rather than an open-market stock purchase or sale.
What are the terms of the RSUs granted to Daren Thayne at DOMO (DOMO)?
The filing states the RSUs are fully vested awards granted under DOMO’s bonus plan. Each restricted stock unit gives Thayne the right to receive one share of Class B Common Stock, with the grant priced at $0.0000 per share.
Is the DOMO (DOMO) Form 4 transaction a market buy or sell?
No. The main transaction is coded “A” for grant or award acquisition. The 140,121 shares came from fully vested restricted stock units under DOMO’s bonus plan, not from an open-market purchase or sale of stock.