Insider Filing: Mark Maughan Disposes 7,178 DOMO Class B Shares
Rhea-AI Filing Summary
Mark Maughan, Chief Operating Officer of DOMO, Inc. (DOMO), reported transactions dated 09/20/2025. He disposed of 7,178 shares of Class B common stock at $18.20 per share, leaving him with 241,623 shares beneficially owned directly. The filing also lists two stock options: one with a $28.20 exercise price exercisable beginning 06/05/2027 covering 1,167 underlying Class B shares, and another with a $50.85 exercise price exercisable beginning 11/10/2025 covering 1,167 underlying Class B shares. The form notes that shares were withheld to pay taxes on vested restricted stock units and that 100% of the shares subject to the options are fully vested. The Form 4 is signed by an attorney-in-fact on 09/23/2025.
Positive
- Insider disclosure provided showing transaction details and remaining beneficial ownership
- Explanations included (shares withheld for taxes on RSU vesting; options fully vested)
- Form executed by authorized representative (attorney-in-fact signature dated 09/23/2025)
Negative
- Disposition of 7,178 Class B shares at $18.20 per share on 09/20/2025
- Beneficial ownership changed to 241,623 Class B shares following the reported transaction
Insights
TL;DR: Officer sold 7,178 Class B shares at $18.20; retains 241,623 shares; two vested options are recorded.
The Form 4 shows a single open-market disposition by the COO rather than an option exercise or transfer to an affiliate. The sale at $18.20 reduced direct holdings to 241,623 Class B shares. The filing separately records two stock options (1,167 underlying shares each) with exercise prices of $28.20 and $50.85 and exercisable dates in 2025 and 2027; the filing states these options are 100% vested. The filing also discloses withholding of shares to satisfy tax obligations on RSU vesting, which explains part of the share movement.
TL;DR: Required insider disclosure completed; transaction and vesting details are documented and signed by attorney-in-fact.
The report identifies Mark Maughan as the reporting person and Chief Operating Officer and provides clear transaction codes and explanations. The presence of a signature by an attorney-in-fact dated 09/23/2025 indicates the filing was executed by an authorized representative. Explanatory remarks specify tax-withholding on RSU vesting and confirm that the listed options are fully vested, which are useful corporate-governance disclosures for shareholders tracking insider compensation and ownership.