Form 4: Domo CEO Joshua James Boosts Stake with $166K Stock Purchase
Insider Transaction Report
Domo, Inc. CEO and Founder Joshua G. James has increased his direct beneficial ownership in the company by acquiring 13,025 shares of Class B Common Stock for approximately $166,000.
Summary
- Joshua G. James, the Founder and CEO of DOMO, Inc., acquired 13,025 shares of Class B Common Stock on June 20, 2025.
- The shares were purchased at a weighted average price of $12.7368 per share, with individual transaction prices ranging from $12.66 to $12.81.
- Following this transaction, Mr. James directly beneficially owns 1,079,972 shares of Class B Common Stock.
- He also holds significant indirect beneficial ownership, including 116,600 shares through the James Family Charitable Remainder Trust, 429,810 shares through Cocolalla, LLC, 2,143 shares by his spouse, and 10,000 shares through Cinnamon Birch LLC.
- Additionally, Mr. James indirectly controls 3,263,659 shares of Class B Common Stock through Cocolalla, LLC, which are convertible on a one-to-one basis from Class A Common Stock and have no expiration date.
Sentiment
Score: 7
Explanation: The CEO's purchase of additional shares is generally a positive signal, indicating management's confidence in the company's current valuation and future prospects.
Positives
- The CEO's purchase of 13,025 shares of Class B Common Stock indicates strong confidence in the company's future prospects and valuation.
- The acquisition at a weighted average price of $12.7368 suggests that management perceives the stock as undervalued or sees significant upside potential at current price levels.
Future Outlook
This SEC Form 4 filing is a disclosure of an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This filing is specific to an insider transaction at Domo, Inc. and does not provide broader industry context or trends. It reflects an individual executive's investment decision rather than a company-wide strategic announcement.
Related Party Transactions
- Indirect beneficial ownership of 116,600 Class B Common Stock shares through James Family Charitable Remainder Trust.
- Indirect beneficial ownership of 429,810 Class B Common Stock shares through Cocolalla, LLC, where the Reporting Person is the Manager with voting and dispositive power.
- Indirect beneficial ownership of 2,143 Class B Common Stock shares by spouse.
- Indirect beneficial ownership of 10,000 Class B Common Stock shares through Cinnamon Birch LLC.
- Indirect beneficial ownership of 3,263,659 Class B Common Stock shares (convertible from Class A) through Cocolalla, LLC.
Stakeholder Impact
- Shareholders may view the CEO's share purchase as a positive signal of management's confidence in the company's future performance and valuation, potentially leading to increased investor interest.
- Employees might interpret the CEO's investment as a sign of stability and commitment to the company's long-term success.
Key Dates
| Date | Description |
|---|---|
| 06/20/2025 | Date of transaction for the purchase of Class B Common Stock by Joshua G. James. |
| 06/23/2025 | Date the Form 4 was signed and filed with the SEC. |
Keywords
DOMO, insider trading, stock purchase, CEO, Joshua G. James, beneficial ownership, Class B Common Stock, SEC Form 4
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