Domo (NASDAQ: DOMO) CEO uses 22,669 shares to cover RSU tax bill
Rhea-AI Filing Summary
DOMO, INC. founder and CEO James Joshua G reported a routine tax-withholding transaction related to equity compensation. On March 20, 2026, 22,669 shares of Class B Common Stock were withheld at $3.57 per share to cover tax liabilities upon vesting of restricted stock units.
Following this disposition, he directly holds 1,489,692 Class B shares. He also has significant indirect holdings, including Class A Common Stock at Cocolalla, LLC that is convertible 1-for-1 into 3,263,659 Class B shares with no expiration, plus additional Class B shares held through several affiliated entities and a family trust.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding; no open-market trading signal.
The Form 4 shows an F-code tax-withholding disposition of 22,669 Class B shares at $3.57 per share. Footnotes clarify these shares were withheld to pay taxes upon restricted stock unit vesting, not sold in the open market.
After this event, the CEO still directly holds 1,489,692 Class B shares and indirectly controls large positions through entities such as Cocolalla, LLC, whose Class A shares are convertible into 3,263,659 Class B shares with no expiration. This indicates substantial ongoing exposure to Domo’s equity.
The filing primarily updates the structure and size of the CEO’s holdings rather than signaling a change in outlook. The lack of open-market buys or sells and the tax-driven nature of the disposition make this a neutral development from an investment-sentiment standpoint.
FAQ
What insider transaction did Domo (DOMO) report for its CEO on this Form 4?
Was the Domo (DOMO) CEO’s Form 4 transaction an open-market sale of stock?
How many Domo (DOMO) Class B shares does the CEO hold after the tax withholding?
What indirect Domo (DOMO) holdings are reported through Cocolalla, LLC on this Form 4?
Does the Domo (DOMO) Form 4 indicate any remaining derivative or convertible positions for the CEO?
What does the F-code in the Domo (DOMO) CEO’s Form 4 transaction mean for investors?