Form 4: Domo COO Mark Maughan Reports Significant RSU Grant and Increased Equity Stake

Domo, Inc.'s Chief Operating Officer, Mark Maughan, reported the acquisition of 50,000 Class B Common Stock shares through restricted stock units on May 27, 2025, significantly increasing his direct beneficial ownership.

Summary

• Mark Maughan, Chief Operating Officer of Domo, Inc., reported a transaction on May 27, 2025, involving the acquisition of company securities.
• He acquired 50,000 shares of Class B Common Stock in the form of Restricted Stock Units (RSUs).
• The acquisition price for these RSUs was $0, indicating an equity grant.
• Following this transaction, Maughan's direct beneficial ownership of Class B Common Stock increased to 257,488 shares.
• The RSUs are subject to an applicable vesting schedule, and any unvested units will be cancelled if Maughan ceases to be a service provider.
• Maughan also holds fully vested stock options for 1,167 shares of Class B Common Stock with an exercise price of $28.20, expiring on June 5, 2027.
• Additionally, he holds fully vested stock options for 1,167 shares of Class B Common Stock with an exercise price of $50.85, expiring on November 10, 2025.

Sentiment

Score: 7

Explanation: The grant of Restricted Stock Units to a key executive is generally a positive signal, indicating management retention and alignment with shareholder interests, though it's a standard compensation event rather than a significant operational or financial announcement.

Positives

• The grant of 50,000 Restricted Stock Units (RSUs) to Chief Operating Officer Mark Maughan aligns management's long-term interests with shareholder value.
• The RSUs were granted at a price of $0, representing a direct equity award to a key executive.
• The increase in direct beneficial ownership to 257,488 shares demonstrates a significant and growing stake held by a senior executive in the company.

Risks

• Unvested Restricted Stock Units (RSUs) are subject to cancellation if the reporting person ceases to be a service provider, which could impact executive retention if not managed effectively.

Future Outlook

The document primarily reports a past insider transaction and does not contain explicit forward-looking statements or guidance regarding the company's future financial performance, strategic initiatives, or operational outlook. The vesting schedule for the RSUs implies future service from the executive.

Industry Context

This Form 4 filing details a routine insider transaction, specifically an equity grant to a Chief Operating Officer. Such grants are a common practice across various industries, particularly in the technology sector where Domo operates (data analytics and business intelligence), serving as a key component of executive compensation to incentivize and retain talent by aligning their financial interests with the company's long-term performance and shareholder value.

Comparison to Industry Standards

• This Form 4 filing provides specific details on an individual executive's equity grant and holdings but does not offer sufficient information to conduct a detailed comparison of executive compensation packages or equity grant sizes against broader industry benchmarks or specific comparable companies within the data analytics or business intelligence sectors.

Related Party Transactions

• The grant of 50,000 Restricted Stock Units (RSUs) to Chief Operating Officer Mark Maughan represents a compensation-related transaction between the company and a key executive, which is a form of related party transaction.

Stakeholder Impact

• Shareholders: The RSU grant enhances the alignment of executive interests with shareholder value, as the executive's compensation is tied to the company's stock performance.
• Employees: May signal stability in executive leadership and a commitment to retaining key talent.
• Management: Strengthens the executive's equity stake and provides a long-term incentive for performance.

Next Steps

• Continued vesting of the 50,000 Restricted Stock Units (RSUs) based on the applicable schedule, contingent on Mark Maughan's continued service.
• Potential exercise of existing stock options by Mark Maughan before their respective expiration dates of November 10, 2025, and June 5, 2027.

Key Dates

Keywords

DOMO, Mark Maughan, SEC Form 4, Restricted Stock Units, RSUs, Stock Options, Insider Transaction, Executive Compensation, Class B Common Stock, Beneficial Ownership