Form 4: Domo Inc. Director Ryan Wright Reports Acquisition of 50,638 Shares of Class B Common Stock

Director Ryan Wright reports acquiring 50,638 shares of Domo Inc. Class B Common Stock through restricted stock units.

Summary

• On March 6, 2025, Ryan Wright, a director of Domo Inc., acquired 50,638 shares of Class B Common Stock.
• The acquisition was in the form of restricted stock units (RSUs), each representing the right to receive one share of Class B Common Stock.
• The RSUs are subject to a vesting schedule as per Domo's outside director compensation policy.
• Unvested RSUs will be cancelled if the Reporting Person ceases to be a service provider.
• The filing was submitted late due to an unanticipated delay in obtaining the reporting person's EDGAR filing codes.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard regulatory filing. The acquisition of shares by a director is mildly positive, but the late filing is a minor negative.

Positives

• The acquisition of shares by a director could be seen as a positive sign, indicating confidence in the company's future.

Negatives

• The late filing, although explained, could raise minor concerns about compliance procedures.

Risks

• The cancellation of unvested RSUs if the Reporting Person ceases to be a service provider could be a risk, although this is standard practice.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting schedule of the RSUs implies a continued relationship between the director and the company.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• Shareholders are informed about changes in ownership by a company director.

Key Dates