Domo Founder Maintains Strong Position Despite 51K Share Transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Insider Trading Activity Report - Domo Founder and CEO
Joshua G. James, Founder, CEO, Director, and 10% owner of Domo, reported significant insider transactions on June 20, 2025. The key transaction involved the disposition of 51,759 shares of Class B Common Stock at $12.70 per share through share withholding for tax liability upon vesting of restricted stock units.
Following the transaction, James' holdings include:
- 1,028,213 shares held directly as Class B Common Stock
- 558,553 shares held indirectly through various entities including James Family Charitable Remainder Trust (116,600), Cocolalla LLC (429,810), spouse (2,143), and Cinnamon Birch LLC (10,000)
- Additional 3,263,659 shares of Class A Common Stock held indirectly through Cocolalla LLC, convertible to Class B shares on a one-to-one basis
Positive
- None.
Negative
- CEO James Joshua G had 51,759 shares withheld for tax liability from RSU vesting at $12.70 per share (~$657,000 worth), though retains significant holdings of over 1 million shares directly and additional indirect holdings
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
James Joshua G
Role
Founder and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Stock | 51,759 | $12.70 | $657K |
| 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 — 1,028,213 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)
- Shares withheld for payment of tax liability upon vesting of restricted stock units. 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 Josh James' total DOMO stock ownership after the June 2025 transaction?
Following the transaction, Josh James beneficially owns: 1,028,213 shares directly, plus indirect ownership through various entities including 116,600 shares in James Family Charitable Remainder Trust, 429,810 shares through Cocolalla LLC, 2,143 shares through his spouse, and 10,000 shares through Cinnamon Birch LLC.
What positions does Josh James hold at DOMO as of June 2025?
According to the Form 4 filing, Josh James serves multiple roles at DOMO: Director, 10% Owner, and Founder and CEO of the company.