RPD Fund Management LLC sold $159K of DOMO
RPD Fund Management LLC sold 38,583 shares of DOMO, INC. (DOMO) at $4.12 ($0.16M total) on 2026-05-29.
An institutional/indirect holder trimmed DOMO by ~$159K with no 10b5-1 plan cited, but the size is modest versus typical liquidity.
RPD Fund Management LLC sold 38,583 DOMO shares in an open-market transaction disclosed via SEC Form 4.
Likely limited near-term impact; watch for follow-on insider/institutional activity rather than a standalone catalyst.
Background
SEC Form 4 reports insider/institutional ownership changes; this filing is for RPD Fund Management LLC’s indirect holdings in DOMO.
Why it matters
The disclosure updates DOMO’s ownership footprint but does not introduce new company fundamentals or forward-looking guidance.
Market relevance
A modest open-market sale (~$159K) is unlikely to drive a major repricing absent additional corroborating signals.
Market effects
No clear sector read-through; this is a single-name ownership transaction.
None indicated.
None indicated.
Alternative perspectives
The sale may reflect routine rebalancing or tax/portfolio management rather than a negative view on DOMO.
The filing notes indirect ownership and no 10b5-1 plan; without context on the holder’s broader activity, signal strength is limited.
Key entities
- issuerDOMO, INC.
Subject of the Form 4 insider transaction; shares sold by RPD Fund Management LLC.
- reporterRPD Fund Management LLC
Reported open-market sale of 38,583 DOMO shares on 2026-05-29.