Domo Board Member Strengthens Position with Major RSU Grant Worth $1M+
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Domo Director Daniel David III reported multiple insider transactions in June 2025, including the acquisition of 13,461 restricted stock units (RSUs) of Class B Common Stock at $0 on June 24, 2025. The RSUs are subject to vesting conditions per the company's outside director compensation policy.
The filing also reveals David's significant holdings through various channels:
- Direct ownership of 72,442 shares of Class B Common Stock
- Indirect control of 781,400 shares through Twenty Acre Capital managed accounts
- Additional indirect ownership of 8,015 shares through his spouse, including recent acquisitions of 400 RSUs on June 1 and 177 RSUs on June 20, 2025
Some transactions were reported late due to administrative errors. The filing includes ESPP participation by David's spouse, with 600 shares acquired during the October 2024 - April 2025 purchase period.
Positive
- Director Daniel David III received 13,461 RSUs as part of standard board compensation, demonstrating continued alignment with shareholder interests
- Director maintains significant indirect ownership of 781,400 shares through Twenty Acre Capital managed accounts, indicating substantial long-term investment commitment
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Daniel Daniel David III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 13,461 | $0.00 | -- |
| Grant/Award | Class B Common Stock | 177 | $0.00 | -- |
| Grant/Award | Class B Common Stock | 400 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 72,442 shares (Direct);
Class B Common Stock — 8,015 shares (Indirect, by Spouse)
Footnotes (1)
- 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. The reporting person is the portfolio manager for Twenty Acre Capital and exercises voting and dispositive control over the shares of our Class B common stock held in accounts managed by Twenty Acre Capital. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. Represents RSUs granted to Denise Daniel, the Reporting Person's spouse, each RSU representing Mrs. Daniel's right to receive one share of Class B Common Stock of the Issuer, subject to the applicable vesting schedule. If Mrs. Daniel ceases to be a service provider, the unvested RSUs will be cancelled by the issuer. This transaction is being reported late due to an administrative error. Includes 600 shares acquired pursuant to the Issuer's 2018 Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of October 1, 2024 through April 1, 2025. This transaction is exempt under Rule 16b-3(c).
