Shares of Domo Inc. fell 6.9% on Thursday following insider sales by three of the company's senior executives that totaled roughly $515,000, according to regulatory filings.
Form 4 documents filed with the Securities and Exchange Commission on June 24, 2026, show that CEO Joshua James, CFO Tod Crane and CTO Daren Thayne sold portions of their holdings. The three officers reported combined proceeds of approximately $515,328 from the transactions.
Details of the individual sales are as follows:
- Joshua James sold 96,088 shares of Class B common stock for proceeds of $228,000.
- Tod Crane sold 68,483 shares for proceeds of $162,825.
- Daren Thayne sold 52,365 shares for proceeds of $124,503.
The sales were executed at a weighted average price of $2.3776 per share. Reported sale prices for individual transactions ranged from $2.185 to $2.640 per share. Each executive noted in the filings that the stock sales were conducted to satisfy tax obligations incurred upon the vesting and settlement of restricted stock units (RSUs).
Post-transaction holdings disclosed in the filings show that Joshua James retained direct ownership of 1,638,873 shares and continued to hold indirect interests, including 429,810 shares held by Cocolalla, LLC. Tod Crane’s remaining direct holdings were reported as 276,809 shares. Daren Thayne was listed as holding 498,051 shares directly and 103,552 shares indirectly through Daren and Sharisa Thayne Family, LLC.
All three Form 4 filings were signed by Alexis Coll as attorney-in-fact for the reporting individuals. The company is headquartered in American Fork, Utah.
The filings and the accompanying market reaction highlight the immediate pricing impact insider transactions can have on a company's publicly traded shares. The documents indicate the sales were tax-driven and tied to RSU settlements; they do not provide additional explanation beyond the statements filed.