Thayne Daren 4
Research Summary
AI-generated summary
DOMO CTO Thayne Daren Sells 52,365 Shares
What Happened
- Thayne Daren, CTO and EVP of Product at DOMO, sold 52,365 shares on 2026-06-24. The transaction is reported as a sale with a weighted average price of $2.38 per share, totaling approximately $124,503. This sale was reported to satisfy tax obligations arising from the vesting and settlement of Restricted Stock Units (RSUs).
Key Details
- Transaction date: 2026-06-24; Form 4 filed the same day.
- Reported weighted average sale price: $2.38/share (total reported value $124,503).
- Sales occurred in multiple transactions with prices ranging from $2.185 to $2.640 per share (full breakdown available on request per filer’s footnote).
- Reason given: tax withholding for vested RSUs (footnote F1).
- Shares owned after the transaction: not specified in the materials provided.
- No 10b5‑1 plan or late-filing indication disclosed on the Form 4 provided.
Context
- Sales to cover tax withholding from RSU vesting are common and often routine; they do not necessarily signal a change in an insider’s view of the company. For retail investors, purchases from insiders can be more informative about sentiment than routine tax-related sales.