Thayne Daren 4
Research Summary
AI-generated summary
DOMO CTO Thayne Daren Receives RSU Award
What Happened
Thayne Daren, CTO and EVP of Product at DOMO, was granted 140,121 restricted stock units (RSUs) on 2026-06-19. The Form 4 reports the acquisition price as $0.00 (transaction type A — award/grant). Per the filing, these RSUs are fully vested and each RSU represents the right to receive one share of Class B common stock.
Key Details
- Transaction date: 2026-06-19 (Grant/Award, code A)
- Amount: 140,121 RSUs; reported price per unit $0.00; aggregate reported acquisition $0
- Shares owned after transaction: not specified in the provided filing
- Footnote: F1 — these are fully vested RSUs granted under the issuer's bonus plan; each RSU converts to one Class B share
- Filing date: 2026-06-23 — filing appears timely (filed within two business days of the transaction)
Context
This was a compensation award (RSUs), not an open-market purchase or sale. Fully vested RSUs mean the reporting person has the right to the underlying shares; such grants are typically part of pay/bonus arrangements and do not by themselves indicate the insider’s market view. The filing does not report any tax-withholding sale or cashless conversion in connection with this grant.