Research Summary
AI-generated summary of this SEC filing
DOMO Director Daniel D. David III Receives RSU Award
What Happened
- Daniel D. David III, a director of DOMO, Inc. (DOMO), was granted 52,870 restricted stock units (RSUs) on July 14, 2026. The reported acquisition price is $0.00 (this is a compensation award, not a cash purchase), so no immediate cash changed hands.
Key Details
- Transaction date and price: 2026-07-14; 52,870 RSUs granted at $0.00 per unit.
- Shares owned after transaction: Not specified in the filing.
- Footnote: The RSUs represent the right to receive one share of Class B common stock per RSU, subject to the issuer’s outside director compensation policy vesting schedule; unvested RSUs are canceled if the director ceases service.
- Filing timeliness: Form 4 was filed on 2026-07-16 (no late-filing notation in the report).
Context
- RSUs are a form of equity compensation that convert to actual shares only after vesting; they are not an immediate market purchase or sale. Such grants are routine for directors as part of compensation and do not by themselves indicate personal buying or selling sentiment.