Form 4: Domo Director Carine S. Clark Granted Over 13,000 Restricted Stock Units

Domo, Inc. Director Carine S. Clark was granted 13,461 shares of Class B Common Stock in the form of restricted stock units as part of the company's director compensation policy.

Summary

• Carine S. Clark, a Director of Domo, Inc. (DOMO), acquired 13,461 shares of Class B Common Stock on June 24, 2025.
• These shares were granted as Restricted Stock Units (RSUs) at a price of $0 per share.
• Each RSU represents the right to receive one share of Class B Common Stock, subject to the vesting schedule outlined in Domo's outside director compensation policy.
• Following this transaction, Ms. Clark beneficially owns a total of 73,359 shares of Class B Common Stock.
• Unvested RSUs will be canceled if Ms. Clark ceases to be a service provider to the Issuer.

Sentiment

Score: 7

Explanation: The grant of restricted stock units to a director is generally a positive signal, indicating alignment of interests and a standard compensation practice. It does not, however, provide significant new financial performance data.

Positives

• The acquisition of 13,461 Restricted Stock Units by a director aligns the director's interests with those of shareholders, indicating confidence in the company's future performance.
• The grant is part of a structured outside director compensation policy, which is a standard corporate governance practice.

Risks

• The value of the granted RSUs is subject to the future performance of Domo's Class B Common Stock.
• Unvested RSUs will be canceled if the reporting person ceases to be a service provider, representing a forfeiture risk.

Future Outlook

NA

Industry Context

This Form 4 filing reflects a routine insider transaction, specifically a grant of restricted stock units to a director, which is a common practice in the technology industry for executive and director compensation to align interests with shareholders. Such grants are standard components of compensation packages designed to incentivize long-term performance and retention.

Comparison to Industry Standards

• The grant of Restricted Stock Units (RSUs) to an outside director is a standard compensation practice across publicly traded companies, particularly within the technology sector.
• Companies like Salesforce, Adobe, and Oracle frequently utilize RSU grants as a significant component of their non-employee director compensation to foster long-term alignment with shareholder value.
• The $0 acquisition price is typical for RSU grants, reflecting compensation rather than a direct purchase.
• The specific number of units granted (13,461) would need to be compared against Domo's peer group's director compensation policies to assess if it's above, below, or in line with industry averages, but the mechanism itself is standard.

Corporate Governance

Stakeholder Impact

• Shareholders: The grant of RSUs to a director aligns the director's financial interests with those of the shareholders, potentially encouraging decisions that enhance long-term stock value.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Keywords

DOMO, Domo Inc., SEC Form 4, Insider Transaction, Restricted Stock Units, RSU, Director Compensation, Class B Common Stock, Corporate Governance, Stock Grant, Beneficial Ownership