Form 4: Domo CFO David Jolley Acquires 10,000 Shares of Class B Common Stock

Domo's Chief Financial Officer, David R. Jolley, recently purchased 10,000 shares of Class B Common Stock at an average price of $6.9875 per share.

Summary

• On September 6, 2024, David R. Jolley, the Chief Financial Officer of Domo, Inc., acquired 10,000 shares of Class B Common Stock.
• The shares were purchased at a weighted-average price of $6.9875 per share, with individual transactions ranging from $6.96 to $7.00.
• Following this transaction, Jolley directly owns 291,465 shares of Domo's Class B Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CFO's purchase suggests confidence, but it's a single transaction and doesn't provide a comprehensive view of the company's financial health.

Industry Context

Insider transactions are closely monitored as they can provide insights into management's perspective on the company's current valuation and future prospects. A purchase by a high-ranking officer like the CFO is often seen as a positive signal.

Stakeholder Impact

• The purchase of shares by a high-ranking officer could positively influence investor sentiment.

Key Dates