[Form 4] DOMO, INC. Insider Trading Activity
Rhea-AI Filing Summary
Crane Tod, Chief Financial Officer of Domo, Inc. (DOMO), reported a transaction on 09/20/2025. The filing shows a disposition (Code F) of 8,576 Class B common shares at a price of $18.20 per share. The explanatory note states the shares were withheld to satisfy tax liabilities upon vesting of restricted stock units. After the transaction, the reporting person beneficially owns 230,393 Class B shares in a direct ownership form. The Form 4 was signed by attorney-in-fact Alexis Coll on 09/23/2025.
Positive
- Post-transaction ownership disclosed: Reporting person retains 230,393 Class B shares directly.
- Clear explanation provided: Filing states shares were withheld for tax liability upon RSU vesting, clarifying the nature of the disposition.
Negative
- Shares disposed: 8,576 Class B shares were surrendered/withheld in the transaction.
- Transaction shows a disposition (Code F): While routine, it reduces the reporting person's immediate share count.
Insights
TL;DR: Routine tax-withholding disposition following RSU vesting; ownership remains materially concentrated.
The reported sale is coded as a tax-withholding disposition of 8,576 Class B shares at $18.20, which is consistent with standard practice when restricted stock units vest. The filing discloses a post-transaction beneficial ownership of 230,393 Class B shares held directly. There are no derivative transactions or other securities reported. This is a routine insider administrative action rather than an active open-market divestiture.
TL;DR: Disclosure appears complete for a Section 16 event; settlement by withholding is explicitly noted.
The Form 4 documents the transaction code and provides an explanatory footnote that the shares were withheld to cover tax obligations upon RSU vesting, which satisfies disclosure requirements for insider reporting. The form is signed by an attorney-in-fact, indicating proper execution. No other governance or compensation-related changes are disclosed in this filing.