SCHEDULE: RPD Fund Management Adjusts DOMO, INC. Stake

RPD Fund Management LLC and associated entities have reported transactions in DOMO, INC. Class B Common Stock, adjusting their beneficial ownership to 9.87%.

Summary

• RPD Fund Management LLC, RPD Opportunity LLC, RPD Opportunity Fund LP, and Ahmet H. Okumus have filed an amendment to their Schedule 13D regarding their holdings in DOMO, INC. Class B Common Stock.
• The reporting persons collectively beneficially own 4,134,970 shares, representing approximately 9.87% of the outstanding Class B Common Stock.
• This ownership percentage is based on 41,886,904 shares outstanding as of May 22, 2026.
• The aggregate purchase price for the shares beneficially owned by RPD Fund is approximately $33,241,516, excluding brokerage commissions.
• The filing details transactions in the securities over the past 60 days, primarily involving sales of shares.
• Ahmet H. Okumus, as the sole managing member of RPD Management and RPD Opportunity, may be deemed to beneficially own these shares.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this filing as neutral to slightly negative due to the significant net sales activity reported by RPD Opportunity Fund LP, suggesting a potential reduction in their investment conviction.

Positives

• RPD Fund Management and associated entities maintain a significant stake in DOMO, INC., holding 9.87% of the outstanding Class B Common Stock.
• The initial purchase of 4,134,970 shares was made with working capital, indicating a strategic investment rather than leveraged speculation.

Negatives

• Significant sales of DOMO, INC. Class B Common Stock have occurred within the past 60 days by RPD Opportunity Fund LP.
• The total number of shares sold exceeds the number of shares purchased within the reporting period, indicating a net reduction in holdings.

Risks

• The substantial sales activity by RPD Opportunity Fund LP could indicate a lack of confidence in future stock performance or a strategic shift in investment focus.
• The filing does not explicitly state the reasons for the recent sales, leaving potential investors to speculate on the underlying motivations.

Future Outlook

The filing does not contain explicit forward-looking statements or guidance from the company. The future outlook is primarily inferred from the transaction activities of the reporting persons.

Management Comments

• Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein.

Industry Context

StockSavvy.ai notes that significant shifts in beneficial ownership by large investment funds, as seen with RPD Fund Management's transactions in DOMO, INC., can often precede or signal broader market sentiment or strategic changes within a company or sector.

Stakeholder Impact

• Shareholders may interpret the net sales by RPD Opportunity Fund LP as a potential signal of reduced confidence, which could influence market sentiment.
• The continued significant ownership by RPD Fund Management (9.87%) indicates ongoing strategic interest, which could be viewed positively by some investors.

Next Steps

• Continued monitoring of RPD Fund Management's and associated entities' holdings and transactions in DOMO, INC. Class B Common Stock.
• Observation of DOMO, INC.'s future performance and strategic announcements for context regarding the reported transactions.

Key Dates

Recommendation

Based on this filing alone, which details ownership adjustments and past transactions rather than company performance or future guidance, a 'hold' recommendation is appropriate. The significant net sales by RPD Opportunity Fund LP warrant caution, while the continued substantial stake by RPD Fund Management suggests ongoing strategic interest. Further analysis of DOMO, INC.'s fundamentals and market position is required for a more definitive recommendation.

Keywords

DOMO, INC., Schedule 13D, RPD Fund Management, RPD Opportunity Fund LP, Ahmet H. Okumus, Class B Common Stock, Beneficial Ownership, SEC Filing, Securities Transactions