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[Form 4] Domo, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Domo CTO & EVP of Product Daren Thayne reported insider trading activity on June 20, 2025. The transaction involved the withholding of 13,720 shares of Class B Common Stock at a price of $12.70 per share for tax liability purposes upon the vesting of restricted stock units.

Following the transaction, Thayne's direct ownership stands at 456,269 shares of Class B Common Stock. Additionally, he holds indirect beneficial ownership of 103,552 shares through the Daren and Sharisa Thayne Family LLC.

Key transaction details:

  • Transaction Code: F (Tax withholding)
  • Direct ownership maintained
  • Filed via attorney-in-fact Alexis Coll
  • No derivative securities were involved in this transaction
Positive
  • CTO & EVP of Product Daren Thayne maintains significant ownership with 456,269 shares held directly and 103,552 shares held indirectly through family LLC, demonstrating continued insider confidence
  • The tax withholding transaction (13,720 shares) was a routine vesting of RSUs rather than an open market sale, indicating no voluntary divestment
Negative
  • Insider disposed of 13,720 shares at $12.70 per share, though this was for tax withholding purposes rather than a direct sale decision
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Thayne Daren

(Last) (First) (Middle)
802 E. 1050 S.

(Street)
AMERICAN FORK UT 84003

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DOMO, INC. [ DOMO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CTO & EVP of Product
3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class B Common Stock 06/20/2025 F 13,720(1) D $12.7 456,269 D
Class B Common Stock 103,552 I DAREN AND SHARISA THAYNE FAMILY, LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares withheld for payment of tax liability upon vesting of restricted stock units.
Remarks:
/s/ Alexis Coll, attorney-in-fact 06/23/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many DOMO shares did CTO Daren Thayne dispose of on June 20, 2025?

According to the Form 4 filing, CTO Daren Thayne disposed of 13,720 shares of Class B Common Stock on June 20, 2025. These shares were withheld for payment of tax liability upon vesting of restricted stock units at a price of $12.70 per share.

What is Daren Thayne's total DOMO stock ownership after the June 2025 transaction?

After the reported transaction, Daren Thayne beneficially owns 456,269 shares of Class B Common Stock directly, plus an additional 103,552 shares indirectly through the DAREN AND SHARISA THAYNE FAMILY, LLC, for a total beneficial ownership of 559,821 shares.

What position does Daren Thayne hold at DOMO?

Daren Thayne serves as the Chief Technology Officer (CTO) and Executive Vice President of Product at DOMO, Inc.

Why did DOMO's CTO sell shares in June 2025?

The Form 4 indicates that the shares were not directly sold but rather withheld by the company for payment of tax liability upon the vesting of restricted stock units (RSUs). This is a common practice for handling tax obligations related to equity compensation.
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Software - Application
Services-prepackaged Software
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United States
AMERICAN FORK