Thayne Daren 4
Research Summary
AI-generated summary
DOMO CTO Thayne Daren Withholds 8,910 Shares for Taxes
What Happened
- Thayne Daren, CTO and EVP of Product at DOMO (DOMO), had 8,910 shares withheld to satisfy tax withholding upon the vesting of restricted stock units (RSUs). The withheld shares were valued at $3.57 each, for a total of $31,809. This is a tax-withholding disposition (routine) rather than an open-market sale or purchase.
Key Details
- Transaction date: 2026-03-20
- Price per share: $3.57
- Shares withheld/disposed: 8,910; total value: $31,809
- Filing date (Form 4): 2026-03-24 (appears timely based on the transaction date)
- Shares owned after the transaction: not specified in the provided filing excerpt
- Footnotes:
- F1: Shares were withheld to pay tax liability upon RSU vesting.
- F2: Ownership totals in the filing include 300 shares acquired under the issuer's 2018 Employee Stock Purchase Plan on Oct 1, 2025.
Context
- Withholding shares to cover taxes on vested RSUs is a common, administrative transaction and is typically not a directional signal about the insider's view of the company. It is recorded as a disposition (code F) because shares are surrendered to satisfy tax obligations.