Domo (NASDAQ: DOMO) director has shares withheld to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DOMO, INC. director David R. Jolley reported a routine tax-related share disposition. On the vesting of restricted stock units, 6,298 shares of Class B Common Stock were withheld at a price of $3.57 per share to cover tax liabilities. After this withholding, Jolley directly holds 235,377 shares, so the event reflects compensation-related tax payment rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jolley David R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Stock | 6,298 | $3.57 | $22K |
Holdings After Transaction:
Class B Common Stock — 235,377 shares (Direct)
Footnotes (1)
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FAQ
What did DOMO (DOMO) director David R. Jolley report in this Form 4?
David R. Jolley reported that 6,298 DOMO Class B shares were withheld to cover taxes on vesting restricted stock units. This is a compensation-related, non-market transaction rather than a traditional open-market share sale.
What does transaction code "F" mean in the DOMO (DOMO) Form 4 filing?
Transaction code "F" indicates a disposition of shares to satisfy tax or exercise costs. In this DOMO filing, shares were withheld to pay tax liabilities triggered when restricted stock units vested, not because of a discretionary share sale.