Form 4: Domo CEO Joshua James Disposes of Shares for Tax Obligations

Domo, Inc. Founder and CEO, Joshua G. James, reported the disposition of 51,759 Class B Common Stock shares for tax liability upon the vesting of restricted stock units.

Summary

• Joshua G. James, the Founder and CEO, Director, and 10% Owner of Domo, Inc. (DOMO), reported a transaction on June 20, 2025.
• The transaction involved the disposition of 51,759 shares of Class B Common Stock at a price of $12.7 per share.
• This disposition was identified with transaction code 'F', indicating that the shares were withheld for the payment of tax liability upon the vesting of restricted stock units.
• Following this transaction, Mr. James directly beneficially owns 1,028,213 shares of Class B Common Stock.
• He also indirectly beneficially owns 116,600 Class B shares through the James Family Charitable Remainder Trust, 429,810 Class B shares through Cocolalla, LLC, 2,143 Class B shares by his spouse, and 10,000 Class B shares through Cinnamon Birch LLC.
• Additionally, Mr. James indirectly beneficially owns 3,263,659 shares of Class A Common Stock through Cocolalla, LLC, which are convertible into Class B Common Stock on a one-to-one basis with no expiration date.

Sentiment

Score: 5

Explanation: Neutral. The transaction is a routine tax-related disposition of shares upon vesting of restricted stock units, which is a common and expected event for executives and does not reflect a discretionary sale or negative sentiment towards the company.

Future Outlook

N/A. This SEC Form 4 filing reports a specific insider transaction and does not contain information regarding the company's future outlook or guidance.

Industry Context

N/A. This document is a routine insider transaction report (Form 4) and does not provide broader industry context or trends.

Related Party Transactions

• Indirect beneficial ownership of Class B Common Stock is reported through the James Family Charitable Remainder Trust, Cocolalla, LLC, by spouse, and Cinnamon Birch LLC.
• Indirect beneficial ownership of Class A Common Stock is reported through Cocolalla, LLC, where the Reporting Person is the Manager with voting and dispositive power.

Stakeholder Impact

• Shareholders: The disposition of shares for tax purposes is a routine event for executives receiving equity compensation and does not typically signal a change in management's confidence or strategic direction. It represents a minor reduction in the CEO's direct ownership stake, but significant direct and indirect holdings remain.

Key Dates

Keywords

Domo Inc., DOMO, SEC Form 4, Insider Trading, Stock Disposition, Restricted Stock Units, Tax Withholding, Joshua G. James, CEO, Director, 10% Owner, Class B Common Stock, Class A Common Stock