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[Form 4] DOMO, INC. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Insider transaction summary: Domo, Inc. CTO & EVP of Product Daren Thayne reported a disposition on 09/20/2025 of 7,958 shares of Class B common stock through tax-withholding upon RSU vesting at a price of $18.20 per share. After the transaction Mr. Thayne directly beneficially owns 448,311 Class B shares and indirectly holds 103,552 Class B shares through Daren and Sharisa Thayne Family, LLC. The filing was signed by an attorney-in-fact on 09/23/2025 and states the shares were withheld to cover tax liabilities.

Positive
  • Continued substantial ownership: Reporting person retains 448,311 Class B shares directly, signaling ongoing alignment with shareholders
  • Transparent disclosure: Transaction clearly reported as tax-withholding on RSU vesting with price and amounts disclosed
Negative
  • Disposition occurred: 7,958 Class B shares were disposed of (withheld) which reduces direct share count

Insights

TL;DR: A routine tax-withholding sale on vested RSUs reduced direct holdings slightly; total beneficial ownership remains substantial.

The transaction appears to be a standard mechanics-driven disposition linked to RSU vesting rather than an open-market sale for liquidity. With 448,311 shares directly owned and 103,552 indirectly owned, Mr. Thayne retains meaningful alignment with shareholders. The per-share price of $18.20 reflects the withholding valuation for tax purposes; this filing does not disclose open-market trading or a change in strategic ownership. No options or derivative transactions were reported.

TL;DR: Governance-wise this is a routine internal tax withholding event that does not indicate a change in executive commitment.

Withholding shares to satisfy tax liabilities on RSU vesting is common and typically immaterial to governance or control. The reporting indicates both direct and indirect holdings, with the indirect stake held via a family LLC, which is transparently disclosed. The filing is complete for the disclosed event and includes an attorney-in-fact signature, meeting procedural requirements for timely reporting.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Thayne Daren

(Last) (First) (Middle)
802 E. 1050 S.

(Street)
AMERICAN FORK UT 84003

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DOMO, INC. [ DOMO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CTO & EVP of Product
3. Date of Earliest Transaction (Month/Day/Year)
09/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class B Common Stock 09/20/2025 F 7,958(1) D $18.2 448,311 D
Class B Common Stock 103,552 I DAREN AND SHARISA THAYNE FAMILY, LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares withheld for payment of tax liability upon vesting of restricted stock units.
Remarks:
/s/ Alexis Coll, attorney-in-fact 09/23/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did DOMO insider Daren Thayne report on Form 4?

He reported a disposition of 7,958 Class B shares on 09/20/2025 due to tax withholding upon RSU vesting.

How many DOMO shares does Daren Thayne beneficially own after the transaction?

He directly owns 448,311 Class B shares and indirectly owns 103,552 Class B shares via an LLC.

At what price were the withheld DOMO shares recorded?

The Form 4 records the price for the withheld shares as $18.20 per share.

Was this Form 4 filing an open-market sale by the insider?

No. The filing states the shares were withheld to satisfy tax liabilities upon RSU vesting, not an open-market sale.

When was the Form 4 signed and filed?

The signature by an attorney-in-fact is dated 09/23/2025 and the earliest transaction date listed is 09/20/2025.
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Software - Application
Services-prepackaged Software
Link
United States
AMERICAN FORK