Domo Executive Retains Large Stake Despite 8,687 Share Tax-Related Sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Domo Chief Operating Officer Mark Maughan reported the following transactions on Form 4:
- Disposed of 8,687 shares of Class B Common Stock on June 20, 2025, at a price of $12.70 per share through share withholding for tax liability upon vesting of restricted stock units
- Following the transaction, Maughan directly owns 248,801 shares of Class B Common Stock
- Holds fully vested stock options for: - 1,167 shares at $28.20 (expires 06/05/2027) - 1,167 shares at $50.85 (expires 11/10/2025)
This transaction represents a standard tax withholding event rather than an open market sale, triggered by the vesting of restricted stock units. The withholding price of $12.70 suggests current market valuation of Domo shares.
Positive
- The COO Mark Maughan continues to hold a significant position of 248,801 shares after the reported transaction, demonstrating continued alignment with shareholder interests
Negative
- COO Mark Maughan disposed of 8,687 shares at $12.70 per share, though this was for tax liability purposes rather than an open market sale
- The stock options held by the COO have strike prices of $28.20 and $50.85, which are significantly above the current share price of $12.70, indicating a substantial decline in the company's stock value
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Maughan Mark
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Stock | 8,687 | $12.70 | $110K |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 248,801 shares (Direct);
Stock Option (right to buy) — 1,167 shares (Direct)
Footnotes (1)
- Shares withheld for payment of tax liability upon vesting of restricted stock units. 100% of the shares subject to the option are fully vested.
FAQ
What is the current stock position of DOMO's COO Mark Maughan after the reported transaction?
Following the reported transaction on June 20, 2025, DOMO's COO Mark Maughan directly owns 248,801 shares of Class B Common Stock.
What stock options does Mark Maughan hold in DOMO as of the filing date?
The filing shows two fully vested stock options: one for 1,167 shares at an exercise price of $28.20 expiring on June 5, 2027, and another for 1,167 shares at an exercise price of $50.85 expiring on November 10, 2025.
What type of transaction code was used for DOMO COO's stock disposition?
The transaction was coded as 'F' which indicates shares were withheld to satisfy tax withholding obligations upon the vesting of restricted stock units, as explained in footnote 1 of the filing.