Form 4: Domo Director David R. Jolley Reports Routine Tax-Related Stock Disposition
Statement of Changes in Beneficial Ownership
Domo, Inc. Director David R. Jolley reported the disposition of 9,122 shares of Class B Common Stock at $12.7 per share, primarily for tax withholding purposes related to restricted stock unit vesting.
Summary
- David R. Jolley, a Director of Domo, Inc. (DOMO), reported a transaction on June 20, 2025.
- The transaction involved the disposition of 9,122 shares of Class B Common Stock.
- These shares were withheld by the company for the payment of tax liability upon the vesting of restricted stock units.
- The price per share for the disposition was $12.7.
- Following this transaction, Mr. Jolley beneficially owns 246,621 shares of Class B Common Stock.
Sentiment
Score: 5
Explanation: The transaction is a routine tax withholding upon RSU vesting, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
This Form 4 filing details a routine insider transaction for tax purposes and does not provide broader industry context or trends. It reflects a standard compensation-related event for a corporate director.
Comparison to Industry Standards
- This is a standard tax withholding transaction related to restricted stock unit vesting, a common practice in executive compensation across various industries.
- It does not provide data for direct comparison to specific companies or projects, as it's an individual's compensation-related event rather than a business performance metric.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes related to executive compensation. It does not reflect a discretionary sale or purchase of shares by the insider.
Key Dates
| Date | Description |
|---|---|
| 06/20/2025 | Date of earliest transaction (disposition of shares) |
| 06/24/2025 | Signature date of the reporting person's attorney-in-fact |
Keywords
DOMO, Domo Inc., David R. Jolley, SEC Form 4, Insider Transaction, Stock Disposition, Restricted Stock Units, Tax Withholding, Director, Class B Common Stock
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