Form 4: Domo CFO Tod Crane Granted 70,000 Restricted Stock Units

Domo, Inc.'s Chief Financial Officer, Tod Crane, was granted 70,000 shares of Class B Common Stock in the form of Restricted Stock Units (RSUs) on May 27, 2025, increasing his beneficial ownership to 243,828 shares.

Summary

• Tod Crane, Chief Financial Officer of Domo, Inc. (DOMO), acquired 70,000 shares of Class B Common Stock.
• The acquisition occurred on May 27, 2025, and was reported on June 16, 2025.
• The shares were granted as Restricted Stock Units (RSUs) with an acquisition price of $0, indicating they are part of compensation.
• Each RSU represents the right to receive one share of Class B common stock, subject to an applicable vesting schedule.
• Unvested RSUs will be cancelled if Mr. Crane ceases to be a service provider to the issuer.
• Following this transaction, Mr. Crane's total beneficial ownership of Class B Common Stock stands at 243,828 shares.

Sentiment

Score: 7

Explanation: The grant of RSUs to a key executive like the CFO is generally a positive signal, indicating management alignment and retention efforts. It's a standard compensation practice, so while positive, it's not an extraordinary event.

Positives

• The grant of 70,000 Restricted Stock Units to the Chief Financial Officer aligns management's interests with long-term shareholder value through equity ownership.
• RSUs are a common form of executive compensation, indicating continued commitment to retaining key leadership.

Risks

• The value of the RSU grant is subject to the future performance of Domo's stock price.
• The RSUs are subject to a vesting schedule, meaning the shares are not immediately owned and can be forfeited if the CFO ceases to be a service provider before vesting.

Industry Context

This Form 4 filing reflects a standard practice of executive compensation within the technology and software industry, where equity grants like RSUs are commonly used to incentivize and retain key management personnel, aligning their financial interests with the company's long-term performance.

Stakeholder Impact

• Shareholders: The RSU grant aligns the CFO's financial interests with shareholder value creation, as the value of the RSUs is tied to the company's stock performance.
• Employees: This transaction is specific to executive compensation and does not directly impact the broader employee base, though it reflects the company's compensation strategy for leadership.

Key Dates

Keywords

Domo, DOMO, Tod Crane, Chief Financial Officer, CFO, Restricted Stock Units, RSUs, Insider Transaction, SEC Form 4, Equity Compensation, Stock Grant