Form 4: Domo CFO David Jolley Sells 12,000 Shares of Class B Common Stock
SEC Form 4
Domo's Chief Financial Officer, David R. Jolley, recently sold 12,000 shares of Class B Common Stock at a price of $8.5 per share.
Summary
- On April 11, 2024, David R. Jolley, the Chief Financial Officer of Domo, Inc., sold 12,000 shares of Class B Common Stock.
- The sale price was $8.5 per share.
- Following the transaction, Jolley directly owns 215,543 shares of Class B Common Stock.
- Jolley also acquired 300 shares pursuant to the Issuer's 2018 Employee Stock Purchase Plan on April 1, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by an insider. It's neutral in sentiment as it simply reports a transaction.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. Investors often monitor these filings to gain insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may interpret the sale as a lack of confidence, although it could be for personal financial reasons.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Jolley acquired 300 shares pursuant to the Issuer's 2018 Employee Stock Purchase Plan. |
| 04/11/2024 | David R. Jolley sold 12,000 shares of Class B Common Stock at $8.5 per share. |
| 04/12/2024 | Date of signature for the Form 4 filing. |
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