DOMO.NASDAQDomo, INC

Form 4: Domo CEO Joshua James Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Domo's CEO, Joshua James, reports changes in beneficial ownership following tax liability fulfillment upon vesting of restricted stock units.

Summary

  • On March 20, 2025, Domo's CEO Joshua James reported changes in his beneficial ownership of Domo's Class B Common Stock.
  • 17,548 shares were withheld to cover tax liabilities upon the vesting of restricted stock units at a price of $8.29 per share.
  • Following the transaction, James directly owns 1,035,959 shares of Class B Common Stock.
  • He also indirectly owns 429,810 shares through Cocolalla, LLC, 2,143 shares through his spouse, 10,000 shares through Cinnamon Birch LLC, and 39,300 shares through the James Family Charitable Remainder Trust.
  • James also indirectly owns 3,263,659 shares of Class B Common Stock through Cocolalla, LLC, where he serves as the Manager with voting and dispositive power.

Sentiment

Score: 5

Explanation: This is a neutral filing related to standard insider trading reporting requirements. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock, ensuring transparency and compliance with SEC regulations.

Key Dates

DateDescription
03/20/2025Date of transaction involving the withholding of shares for tax liability.
03/24/2025Date of signature for the Form 4 filing.

Keywords

beneficial ownership, Form 4, Domo, Joshua James, Class B Common Stock, Cocolalla LLC, insider trading

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