Domo CEO sells 96K shares for RSU taxes
DOMO, INC. founder and CEO James Joshua G reported an open-market sale of 96,088 shares of Class B Common Stock at a weighted average price of $2.3776 per share.
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Form Type
4
Rhea-AI Filing Summary
DOMO, INC. founder and CEO James Joshua G reported an open-market sale of 96,088 shares of Class B Common Stock at a weighted average price of $2.3776 per share. According to the disclosure, these sales were made to satisfy certain tax obligations arising from the vesting and settlement of Restricted Stock Units.
Following the sale, he directly holds 1,638,873 shares of Class B Common Stock. He also has indirect holdings through various entities, including Class A Common Stock held by Cocolalla, LLC that is convertible into 3,263,659 shares of Class B Common Stock on a one-to-one basis with no expiration date.
Insider Trade Summary
Net Seller: 96,088 shares
Net Sell
6 txns
Insider
James Joshua G
Role
Founder and CEO
Sold
96,088 shs ($228K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock | 96,088 | $2.3776 | $228K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 1,638,873 shares (Direct);
Class A Common Stock — 3,263,659 contracts (Indirect, Cocolalla, LLC);
Class B Common Stock — 429,810 shares (Indirect, Cocolalla, LLC);
Class B Common Stock — 116,600 shares (Indirect, James Family Charitable Remainder Trust);
Class B Common Stock — 2,143 shares (Indirect, By spouse);
Class B Common Stock — 10,000 shares (Indirect, Cinnamon Birch LLC)
Footnotes (4)
- F1. The sales reported are to satisfy certain tax obligations of the Reporting Person incurred with the vesting and settlement of Restricted Stock Units.
- F2. The sale price reported in Column 4 of Table I represents the weighted average sale price of the shares sold in multiple transactions ranging from $2.185 to $2.640 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- F3. The Class A Common Stock is convertible into shares of Class B Common Stock on a one to one basis at any time at the election of the Reporting Person and has no expiration date.
- F4. The reported securities are held of record by Cocolalla, LLC. The Reporting Person is the Manager of Cocolalla, LLC with voting and dispositive power over the shares.
Key Figures
Shares sold: 96,088 shares
Average sale price: $2.3776 per share
Direct holdings after sale: 1,638,873 shares
+5 more
8 metrics
Shares sold
96,088 shares
Class B Common Stock open-market sale
Average sale price
$2.3776 per share
Weighted average across multiple transactions
Direct holdings after sale
1,638,873 shares
Class B Common Stock held directly by CEO
Convertible Class A holdings
3,263,659 shares
Class A stock convertible into Class B on 1:1 basis
Cocolalla, LLC Class B holdings
429,810 shares
Class B Common Stock held indirectly
Charitable trust holdings
116,600 shares
Class B Common Stock in James Family Charitable Remainder Trust
Cinnamon Birch LLC holdings
10,000 shares
Class B Common Stock held indirectly
Spouse-held shares
2,143 shares
Class B Common Stock held by spouse
Key Terms
Restricted Stock Units, weighted average sale price, Class A Common Stock, Class B Common Stock, +1 more
5 terms
Restricted Stock Units financial
"tax obligations of the Reporting Person incurred with the vesting and settlement of Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average sale price financial
"The sale price reported ... represents the weighted average sale price of the shares sold in multiple transactions"
Class A Common Stock financial
"The Class A Common Stock is convertible into shares of Class B Common Stock on a one to one basis"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class B Common Stock financial
"The Class A Common Stock is convertible into shares of Class B Common Stock on a one to one basis"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
voting and dispositive power financial
"The Reporting Person is the Manager of Cocolalla, LLC with voting and dispositive power over the shares"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Domo (DOMO) report for its founder and CEO?
Domo reported that founder and CEO James Joshua G sold 96,088 shares of Class B Common Stock. The weighted average sale price was $2.3776 per share, based on multiple transactions within a disclosed price range.
What is the significance of the CEO’s Class A Common Stock holdings in Domo (DOMO)?
Class A Common Stock held indirectly through Cocolalla, LLC is convertible into 3,263,659 shares of Class B Common Stock on a one-to-one basis. This convertible stake reflects additional economic exposure beyond his directly held Class B shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
