James Joshua G 4
Research Summary
AI-generated summary
DOMO (DOMO) 10% Owner James Joshua G Sells 96,088 Shares
What Happened
- James Joshua G, reported as a 10% owner of DOMO, Inc., sold 96,088 shares of Class A common stock in open-market transactions on June 24, 2026.
- The weighted-average sale price was $2.38 per share, for aggregate proceeds of approximately $228,459. The individual sale prices ranged from $2.185 to $2.640 per share.
- This was a sale (not a purchase); the filing indicates the sales were made to satisfy tax obligations arising from the vesting and settlement of Restricted Stock Units.
Key Details
- Transaction date: 2026-06-24; Transaction type: Sale (code S).
- Shares sold: 96,088; Weighted-average price: $2.38; Total proceeds: ~$228,459.
- Price range reported: $2.185 to $2.640 per share; the reporting person can provide the number of shares sold at each price upon request (footnote F2).
- Purpose: Sales to satisfy tax withholding obligations related to RSU vesting (footnote F1).
- Class A shares are convertible 1:1 into Class B shares at the reporting person's election and have no expiration (footnote F3).
- The shares are held of record by Cocolalla, LLC; James Joshua G is the manager with voting and dispositive power (footnote F4).
- Shares owned after the transaction are not specified in the provided filing.
- Filing date matches the transaction date (filed 2026-06-24), so no late-filing flag is indicated.
Context
- This was a routine tax-withholding sale tied to RSU settlement rather than a discretionary market-timing purchase or sale; such sales commonly reflect tax obligations and not necessarily a change in insider sentiment.
- As a 10% owner and the manager of the record holder (Cocolalla, LLC), this is insider-level activity; for retail investors, purchases typically carry more immediate informational weight than tax-related sales.