Form 4: Domo Inc. COO Mark Maughan Reports Changes in Beneficial Ownership

Mark Maughan, COO of Domo Inc., reports the withholding of shares for tax liability upon vesting of restricted stock units.

Summary

• On March 20, 2025, Domo Inc.'s Chief Operating Officer, Mark Maughan, reported changes in beneficial ownership of the company's stock.
• A total of 3,585 Class B Common Stock shares were disposed of at a price of $8.29 per share to cover tax liabilities upon the vesting of restricted stock units.
• Following the transaction, Maughan directly owns 196,933 shares of Class B Common Stock.
• Maughan also holds stock options to buy 1,167 shares at $28.20 exercisable from June 5, 2027, and 1,167 shares at $50.85 exercisable from November 10, 2025, both of which are fully vested.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reflects a routine transaction related to tax obligations and does not indicate a significant change in the executive's overall investment in the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC for company insiders, providing transparency into their transactions in the company's stock. This allows investors to track insider sentiment and potential future actions.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine tax-related stock disposal by an executive.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Options, Class B Common Stock, DOMO, Domo Inc., Mark Maughan, COO, Tax Liability, Vesting