Domo Director Holds 246,621 Shares After Tax-Related Stock Transfer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Form 4 filing reveals insider trading activity at Domo by Director David R Jolley on June 20, 2025. The transaction involved the disposition of 9,122 shares of Class B Common Stock at a price of $12.70 per share through a tax withholding transaction (Code F).
Key details:
- Following the transaction, Jolley maintains direct beneficial ownership of 246,621 shares
- The shares were withheld specifically for payment of tax liability upon vesting of restricted stock units
- Transaction was executed under standard tax withholding provisions, not an open market sale
- Filing was completed by attorney-in-fact Alexis Coll on June 24, 2025
This mandatory tax-related share withholding is a routine practice for handling tax obligations on vesting equity compensation for corporate insiders.
Positive
- Director David R Jolley maintains significant ownership with 246,621 shares of Class B Common Stock after the transaction, demonstrating continued insider confidence
Negative
- Director David R Jolley disposed of 9,122 shares of Class B Common Stock at $12.70 per share, though this was for tax liability purposes rather than an open market sale
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jolley David R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Stock | 9,122 | $12.70 | $116K |
Holdings After Transaction:
Class B Common Stock — 246,621 shares (Direct)
Footnotes (1)
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FAQ
What type of DOMO stock transaction did David Jolley report in the Form 4?
The Form 4 reports a 'Code F' transaction, which indicates shares were withheld by the company for payment of tax liability upon vesting of restricted stock units (RSUs).
What is David Jolley's role at DOMO according to the Form 4?
According to the Form 4 filing, David Jolley serves as a Director of DOMO, Inc., as indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.