Form 4: Daren Thayne, Domo Inc. CTO, Reports Stock Transaction
SEC Form 4 Filing
Daren Thayne, CTO & EVP of Product at Domo Inc., reports the withholding of shares for tax liability upon vesting of restricted stock units.
Summary
- On March 20, 2025, Daren Thayne, CTO & EVP of Product at Domo Inc., had shares withheld for payment of tax liability upon the vesting of restricted stock units.
- 7,657 Class B Common Stock shares were withheld at a price of $8.29.
- Following the transaction, Thayne directly owns 379,548 shares of Class B Common Stock.
- Thayne also indirectly owns 103,552 shares through DAREN AND SHARISA THAYNE FAMILY, LLC.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax withholding process related to vested stock units.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard tax withholding process.
Key Dates
| Date | Description |
|---|---|
| 03/20/2025 | Date of stock transaction (shares withheld for tax liability). |
| 03/24/2025 | Date of signature by attorney-in-fact. |
Keywords
Form 4, Domo Inc., Daren Thayne, stock transaction, Class B Common Stock, tax liability, restricted stock units, beneficial ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.