DOMO.NASDAQDomo, INC

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

Sentiment:

SEC Form 4 Filing


Mark Maughan, Chief Operating Officer of Domo Inc., reports acquisition and disposal of Class B Common Stock and holdings of stock options.

Summary

  • On April 10, 2025, Mark Maughan, the Chief Operating Officer of Domo Inc., reported changes in his beneficial ownership of the company's stock.
  • He acquired 14,470 shares of Class B Common Stock through restricted stock units (RSUs) that vested immediately upon grant.
  • He also acquired 300 shares through the Employee Stock Purchase Plan on April 1, 2025.
  • Additionally, 4,215 shares were disposed of to cover tax liabilities related to the vesting of RSUs at a price of $8.26 per share.
  • Following these transactions, Maughan directly owns 207,488 shares of Class B Common Stock.
  • He also holds options to buy 2,334 shares of Class B Common Stock at exercise prices of $28.20 and $50.85, which are fully vested.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects routine transactions related to stock-based compensation and tax obligations.

Positives

  • The acquisition of shares through RSUs and the Employee Stock Purchase Plan indicates Maughan's continued investment in Domo Inc.

Negatives

  • The disposal of 4,215 shares to cover tax liabilities, while a normal occurrence, represents a reduction in Maughan's holdings.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
04/01/2025Acquisition of 300 shares through the Employee Stock Purchase Plan.
04/10/2025Grant of 14,470 restricted stock units and disposal of 4,215 shares for tax liability.
04/14/2025Date of Form 4 filing.
06/05/2027Expiration date for stock options with an exercise price of $28.20.
11/10/2025Expiration date for stock options with an exercise price of $50.85.

Keywords

Form 4, Beneficial Ownership, Domo Inc., Mark Maughan, Class B Common Stock, Restricted Stock Units, Employee Stock Purchase Plan, Stock Options

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