RPD funds trade DOMO (DOMO) Class B shares and fall below 10%
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DOMO, INC. received a Form 4 showing a series of indirect trades in its Class B common stock by entities associated with RPD Fund Management LLC, RPD Opportunity Fund LP and Ahmet H. Okumus. The entities executed multiple open-market sales and one open-market purchase, all reported as indirectly held positions.
Across these transactions, they bought 924,709 shares and sold 1,350,626 shares, ending with 4,187,809 shares of Class B common stock held indirectly after the most recent sale. According to the disclosure, as of June 1, 2026 these related entities ceased to beneficially own in the aggregate more than 10% of DOMO’s outstanding Class B common stock, while disclaiming beneficial ownership beyond their pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 425,917 shares ($3,785,484)
Net Sell
12 txns
Insider
RPD Fund Management LLC, RPD Opportunity Fund LP, OKUMUS AHMET H
Role
null | null | null
Bought
924,709 shs ($2.38M)
Sold
1,350,626 shs ($3.79M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock, par value $0.001 per share | 39,034 | $4.46 | $174K |
| Sale | Class B Common Stock, par value $0.001 per share | 38,583 | $4.12 | $159K |
| Sale | Class B Common Stock, par value $0.001 per share | 23,869 | $3.84 | $92K |
| Sale | Class B Common Stock, par value $0.001 per share | 27,439 | $3.71 | $102K |
| Sale | Class B Common Stock, par value $0.001 per share | 15,828 | $3.68 | $58K |
| Sale | Class B Common Stock, par value $0.001 per share | 11,837 | $3.65 | $43K |
| Sale | Class B Common Stock, par value $0.001 per share | 20,870 | $3.56 | $74K |
| Sale | Class B Common Stock, par value $0.001 per share | 32,955 | $3.79 | $125K |
| Sale | Class B Common Stock, par value $0.001 per share | 16,628 | $3.66 | $61K |
| Sale | Class B Common Stock, par value $0.001 per share | 22,683 | $3.49 | $79K |
| Sale | Class B Common Stock, par value $0.001 per share | 1,100,900 | $2.56 | $2.82M |
| Purchase | Class B Common Stock, par value $0.001 per share | 924,709 | $2.57 | $2.38M |
Holdings After Transaction:
Class B Common Stock, par value $0.001 per share — 4,187,809 shares (Indirect, See footnotes)
Footnotes (1)
- This Form 4 is filed jointly by RPD Fund Management LLC ("RPD Management"), RPD Opportunity Fund LP ("RPD Fund") and Ahmet H. Okumus with respect to securities that may be deemed to be beneficially owned by RPD Management, RPD Fund, RPD Opportunity LLC ("RPD Opportunity") and Mr. Okumus. As of June 1, 2026, RPD Management, RPD Fund, RPD Opportunity and Mr. Okumus ceased to beneficially own in the aggrgate more than 10% of the Issuer's outstanding Class B Common Stock. Each of RPD Management, RPD Fund, RPD Opportunity and Mr. Okumus disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any such person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. Securities held in a separately-managed account (the "SMA") managed by RPD Management. RPD Management serves as the investment manager of the SMA and Mr. Okumus serves as the Managing Member of RPD Management. As a result of these relationships, RPD Management and Mr. Okumus may be deemed to beneficially own the securities held in the SMA. Securities held directly by RPD Fund. RPD Opportunity serves as the general partner of RPD Fund, RPD Management serves as the investment manager of RPD Fund, and Mr. Okumus serves as the Managing Member of RPD Management and RPD Opportunity. As a result of these relationships, RPD Management, RPD Opportunity, RPD Fund and Mr. Okumus may be deemed to beneficially own the securities held by RPD Fund.
Key Figures
Open-market purchase: 924,709 shares
Total shares sold: 1,350,626 shares
Net share change: 425,917 shares net sold
+3 more
6 metrics
Open-market purchase
924,709 shares
Class B common stock bought on April 13, 2026 at $2.57
Total shares sold
1,350,626 shares
Aggregate open-market sales across reported dates
Net share change
425,917 shares net sold
Net of buys and sells in transaction summary
Holdings after latest trade
4,187,809 shares
Indirect Class B common stock after June 1, 2026 sale
Largest single sale
1,100,900 shares
Open-market sale on April 13, 2026 at $2.56
Recent sale price
$4.46 per share
June 1, 2026 open-market sale of 39,034 shares
Key Terms
open-market sale, open-market purchase, beneficially own, separately-managed account, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
beneficially own financial
"ceased to beneficially own in the aggrgate more than 10% of the Issuer's outstanding"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
separately-managed account financial
"Securities held in a separately-managed account (the "SMA") managed by RPD Management."
pecuniary interest financial
"disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest"
FAQ
What insider trading activity did DOMO (DOMO) report in this Form 4?
The filing reports multiple open-market trades in DOMO Class B common stock by entities tied to RPD Fund Management and Ahmet H. Okumus, including one purchase and several sales, all classified as indirectly held positions according to the ownership disclosures and footnotes.
What is the remaining DOMO (DOMO) Class B stake after these transactions?
After the latest reported sale, the entities associated with RPD Fund Management and Ahmet H. Okumus held 4,187,809 shares of DOMO Class B common stock indirectly. This figure reflects the post-transaction balance disclosed for the most recent transaction date in the Form 4 data.
Who is attributed with the DOMO (DOMO) trades in this Form 4?
The transactions are attributed to RPD Fund Management LLC, RPD Opportunity Fund LP, and related entities, with Ahmet H. Okumus connected through management roles. Footnotes explain that securities are held in a separately-managed account and by RPD Fund, with indirect beneficial ownership relationships.
What types of transactions were reported for DOMO (DOMO) Class B stock?
All reported transactions involve non-derivative Class B common stock, coded as P for an open-market purchase and S for open-market or private sales. No option exercises or derivative trades appear, and ownership is consistently described as indirect through managed accounts and partnership structures.