Form 4: Domo CTO Daren Thayne Reports Routine Stock Transaction for Tax Withholding

Domo, Inc.'s Chief Technology Officer and EVP of Product, Daren Thayne, reported a disposition of 13,720 shares of Class B Common Stock at $12.7 per share, primarily for tax withholding related to restricted stock unit vesting.

Summary

• Daren Thayne, CTO & EVP of Product at Domo, Inc. (DOMO), reported a transaction on June 20, 2025.
• The transaction involved the disposition of 13,720 shares of Class B Common Stock.
• These shares were withheld for the payment of tax liability upon the vesting of restricted stock units (RSUs).
• The price per share for the disposition was $12.7.
• Following this transaction, Mr. Thayne directly beneficially owns 456,269 shares of Class B Common Stock.
• Additionally, Mr. Thayne indirectly beneficially owns 103,552 shares through DAREN AND SHARISA THAYNE FAMILY, LLC.

Sentiment

Score: 5

Explanation: The transaction is a neutral event, representing a routine tax withholding upon RSU vesting, which is a common and expected part of executive compensation. It does not indicate a discretionary sale or purchase.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction, specifically related to tax withholding upon RSU vesting. It does not provide broader insights into industry trends or competitive positioning for Domo, Inc. Such transactions are common across publicly traded companies as part of executive compensation plans.

Stakeholder Impact

• Shareholders: This is a routine transaction and does not indicate a change in management's confidence or a significant shift in ownership that would materially impact other shareholders.
• Employees: No direct impact on employees beyond the reporting person.

Key Dates

Keywords

Domo Inc., DOMO, SEC Form 4, Insider Transaction, Stock Disposition, Restricted Stock Units, Tax Withholding, Executive Compensation, Daren Thayne, CTO, EVP of Product