[Form 4] DOMO, INC. Insider Trading Activity
David R. Jolley, a director of Domo, Inc. (DOMO), reported a transaction dated 09/20/2025 in which 5,330 Class B common shares were disposed of under code F at a price of $18.20 per share. The filing states these shares were withheld to satisfy tax liabilities upon vesting of restricted stock units. After the withholding, Mr. Jolley beneficially owns 248,021 Class B shares. The Form 4 was submitted on behalf of the reporting person by an attorney-in-fact, signed by Alexis Coll on 09/23/2025. The disclosure is a routine internal tax-withholding event rather than an open-market sale.
- Post-transaction ownership remains substantial at 248,021 Class B shares, indicating continued alignment with shareholders
- Transaction is a routine tax-withholding on RSU vesting, not an active discretionary sale
- Reported disposal of 5,330 shares reduces the director's absolute holdings, though the filing states the disposition was for taxes
Insights
TL;DR: Routine tax withholding of vested RSUs; small absolute share reduction, modest liquidity event with no new issuance.
This Form 4 documents a withholding of 5,330 Class B shares at $18.20 to cover tax liabilities from RSU vesting, leaving the director with 248,021 Class B shares. Such transactions are common when equity compensations vest and typically have limited market impact because they represent compliance with tax obligations rather than discretionary selling activity. The filing identifies the transaction code F and was executed via attorney-in-fact, which is standard for administrative filings.
TL;DR: Administrative withholding for tax on vested awards; governance signal is neutral.
The disclosure shows a director-level insider fulfilled tax obligations by having 5,330 shares withheld rather than selling additional shares on the market. This preserves long-term ownership while meeting tax requirements and demonstrates routine equity-compensation administration. The post-transaction beneficial ownership remains material at 248,021 Class B shares, and the form was properly executed by an attorney-in-fact on behalf of the reporting person.