Domo Tech Chief Retains Large Stake Despite Tax-Related Share Transfer
Filing Impact
Filing Sentiment
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
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Thayne Daren
Role
CTO & EVP of Product
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Stock | 13,720 | $12.70 | $174K |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 456,269 shares (Direct);
Class B Common Stock — 103,552 shares (Indirect, DAREN AND SHARISA THAYNE FAMILY, LLC)
Footnotes (1)
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FAQ
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.