DOMO Director Adds 6,730 RSUs, Ownership Now 57,368 Shares
Domo, Inc. (DOMO) filed a Form 4 reporting insider activity by director Ryan Wright.
Rhea-AI Filing Summary
Domo, Inc. (DOMO) filed a Form 4 reporting insider activity by director Ryan Wright. On 06/24/2025 Mr. Wright received 6,730 restricted stock units (RSUs) of Class B Common Stock at a cost basis of $0.00, coded “A” (award). After the grant, his direct beneficial ownership stands at 57,368 Class B shares.
The RSUs will vest pursuant to the company’s outside-director compensation policy; unvested units are forfeited if service ends. The filing was signed by attorney-in-fact Alexis Coll on 06/26/2025.
Positive
- Director Ryan Wright increased his direct ownership by 6,730 shares, marginally enhancing insider–shareholder alignment.
Negative
- The RSU grant is routine compensation rather than an open-market purchase, offering limited insight into insider sentiment or immediate cash investment.
Insights
TL;DR: Routine RSU grant adds 6,730 shares to director’s holdings; minimal immediate financial impact.
The transaction is an automatic equity award under DOMO’s director compensation plan, not an open-market buy. It modestly increases insider ownership to 57,368 shares, which can be interpreted as incremental alignment with shareholders but does not inject new cash or signal management’s valuation view. The size is immaterial relative to DOMO’s outstanding share count, so I view the market impact as neutral.
TL;DR: Standard equity compensation; governance compliant, no red flags.
The award follows the company’s disclosed outside-director policy, uses RSUs with forfeiture provisions, and was reported within the two-day window, indicating good Section 16 compliance. No unusual structures or preferential pricing appear. Because it is routine, I classify the filing as not materially impactful for governance risk assessment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 6,730 | $0.00 | $0.00 |
Footnotes (1)
- F1. The shares are represented by restricted stock units (each, an "RSU"). Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock of the Issuer, subject to the applicable vesting schedule set forth in the Issuer's outside director compensation policy. In the event the Reporting Person ceases to be a service provider, the unvested RSUs will be canceled by the Issuer.
FAQ
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Does the RSU grant vest immediately?
When was the Form 4 for DOMO filed?
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