Form 4: Domo Director's Routine Stock Withholding for Tax

Domo Director David R. Jolley reported the withholding of 5,330 Class B Common Stock shares for tax obligations related to restricted stock unit vesting.

Summary

• David R. Jolley, a Director at Domo, Inc. (DOMO), reported a transaction involving Class B Common Stock.
• On September 20, 2025, 5,330 shares were withheld for payment of tax liability upon the vesting of restricted stock units.
• The shares were valued at $18.2 per share for this tax withholding transaction.
• Following this transaction, David R. Jolley beneficially owns 248,021 shares of Class B Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction related to tax withholding upon RSU vesting, which has a neutral impact on company sentiment as it is an expected part of executive compensation.

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine tax-related transaction, not a discretionary sale or purchase.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary transaction where shares were withheld to cover tax liabilities upon the vesting of restricted stock units for a director. It does not indicate any change in the director's investment thesis or provide new information that would warrant a change in investment recommendation for Domo, Inc. The transaction is an expected part of executive compensation and does not reflect a discretionary sale or purchase.

Keywords

Domo, DOMO, David R Jolley, Form 4, insider transaction, stock withholding, restricted stock units, RSU, director