Crane Tod 4
Research Summary
AI-generated summary
DOMO CFO Tod Crane Sells Shares to Cover Taxes
What Happened
- Tod Crane, Chief Financial Officer of DOMO, had 4,284 shares withheld to satisfy tax withholding on vested restricted stock units on March 20, 2026. The shares were valued at $3.57 each for a total of $15,294. This was a tax-withholding disposition (routine), not an open-market sale.
Key Details
- Transaction date: 2026-03-20; filing date: 2026-03-24 (Form 4 accession 0001628280-26-020857).
- Shares withheld/disposed: 4,284 at $3.57 per share; total value reported: $15,294.
- Transaction code: F (shares withheld for tax liability upon vesting of RSUs).
- Shares owned after the transaction: not disclosed in the provided excerpt of the filing.
- Footnotes: F1 — shares withheld to pay tax liability on RSU vesting; F2 — ownership counts include 300 shares acquired under the issuer's 2018 ESPP on Oct 1, 2025.
Context
- This transaction reflects routine tax withholding tied to RSU vesting (a common administrative disposition) rather than an active sale signaling a change in insider sentiment. For retail investors, outright purchases typically convey a clearer bullish signal than tax-withholding dispositions.