[SCHEDULE 13G/A] Domo, Inc. SEC Filing
Domo, Inc. Schedule 13G/A reports that RPD Fund Management LLC and Ahmet H. Okumus each have shared voting and dispositive power over 217,766 Class B shares, representing 0.6% of the class. The filing states these shares are directly owned by advisory clients of RPD Fund Management LLC and that none of those clients individually hold more than 5% of the Class B common stock. Both reporting persons disclaim beneficial ownership except for pecuniary interest. The filing lists shared voting and shared dispositive authority and identifies RPD Fund Management LLC as a Delaware entity and Ahmet H. Okumus as a Turkey citizen.
- Transparent disclosure of advisory-client holdings with exact share count
- Clear statement that no advisory client holds more than 5% of Class B shares
- Shared voting and dispositive power is explicitly reported for 217,766 shares
- None.
Insights
TL;DR Minor passive stake disclosed: 217,766 shares (0.6%), held on behalf of advisory clients, limited investor impact.
The position is small relative to total outstanding Class B shares and is presented as advisory-client holdings with shared voting and disposition authority. Because no single advisory client exceeds 5% and the reporting persons disclaim direct beneficial ownership beyond pecuniary interest, this disclosure is routine and unlikely to change control or materially affect valuation. The transparency is useful for share registry tracking but does not signal an activist intent or material strategic stake.
TL;DR Governance implications are limited: shared power reported, no control change indicated.
The filing documents shared voting and dispositive power rather than sole control, and explicitly states the securities are held for advisory clients without any client above the 5% threshold. The signature includes a disclaimer of beneficial ownership beyond pecuniary interest, which is standard when investment advisers report client holdings. This reduces the likelihood of governance influence by the reporting persons based on the disclosed position.