Form 4: Domo Director Daniel David III Acquires 120,000 Shares of Class B Common Stock

Director Daniel David III reports purchasing 120,000 shares of Domo, Inc. Class B Common Stock at an average price of $6.4371 on April 4, 2025.

Summary

• On April 4, 2025, Daniel David III, a director of Domo, Inc., acquired 120,000 shares of Class B Common Stock.
• The shares were purchased at a weighted average price of $6.4371 per share, with individual transactions ranging from $6.01 to $6.64.
• Following the transaction, Daniel David III directly owns 58,981 shares and indirectly owns 781,400 shares through Twenty Acre Capital managed accounts, and 6,838 shares indirectly by spouse.
• The reporting person is the portfolio manager for Twenty Acre Capital and exercises voting and dispositive control over the shares of our Class B common stock held in accounts managed by Twenty Acre Capital.

Sentiment

Score: 6

Explanation: Neutral sentiment. It's a standard insider transaction report. The director's purchase could be seen as a slightly positive signal, but it's not overwhelmingly so.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Management Comments

• The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into insider transactions. This filing indicates a director's activity in the company's stock.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company director.

Key Dates

Keywords

Form 4, Domo, Inc., Daniel David III, Class B Common Stock, Director, Insider Trading, Twenty Acre Capital, Beneficial Ownership