Domo Board Member Increases Stake to Over 80,000 Shares Through RSU Award
Rhea-AI Filing Summary
Domo Director Jeff Kearl reported a significant equity transaction on June 24, 2025, acquiring 13,461 restricted stock units (RSUs) of Class B Common Stock at $0 cost. Following this transaction, Kearl directly owns 80,597 shares of Class B Common Stock.
Additional holdings include 2,348 shares held indirectly through Pura Vida Investment Capital LLC, where Kearl serves as manager with voting and dispositive power. The RSUs represent the right to receive one share of Class B Common Stock each, subject to vesting conditions outlined in Domo's outside director compensation policy.
Key Details:
- Transaction Type: RSU Grant (Code A)
- Unvested RSUs will be canceled if service provider status ceases
- Filing completed by attorney-in-fact Alexis Coll on June 26, 2025
- Kearl disclaims beneficial ownership of LLC shares except for pecuniary interest
Positive
- Director Jeff Kearl received 13,461 RSUs as part of standard board compensation, demonstrating continued alignment with shareholder interests
Negative
- None.
Insider Trade Summary
Net Buyer: 13,461 shares
Net Buy
2 txns
Insider
KEARL JEFF
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 13,461 | $0.00 | $0.00 |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 80,597 shares (Direct);
Class B Common Stock — 2,348 shares (Indirect, Held by Pura Vida Investment Capital LLC)
Footnotes (2)
- 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.
- F2. The Reporting Person is the manager of the LLC and has voting and dispositive power. The Reporting Person disclaims beneficial ownership of the shares held by the LLC except, with respect to his pecuniary interest therein.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is Jeff Kearl's total DOMO stock ownership after the June 24, 2025 transaction?
Following the reported transaction, Jeff Kearl beneficially owns 82,945 shares of DOMO Class B Common Stock in total, consisting of 80,597 shares held directly and 2,348 shares held indirectly through Pura Vida Investment Capital LLC.
What position does Jeff Kearl hold at DOMO?
According to the Form 4 filing, Jeff Kearl 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.
What are the vesting conditions for Jeff Kearl's DOMO RSU grant?
The RSUs are subject to the vesting schedule set forth in DOMO's outside director compensation policy. If Jeff Kearl ceases to be a service provider, any unvested RSUs will be canceled by the company.