secwatch.observer — SEC 8-K summary
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Issuer:     DOMO, INC. (DOMO)
CIK:        0001505952
Form:       8-K
Filed at:   2026-01-13T23:59:59+00:00
Accession:  0001628280-26-001885
Event type: leadership
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Domo COO Mark Maughan resigns; receives $1.5M cash, accelerated RSUs, and 245,000 additional RSUs
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- Mark Maughan resigns as COO effective Jan 11, 2026; will serve as consultant.
- Company pays $1.5M cash within 30 days; all unvested RSUs immediately vest.
- Maughan gets 245,000 fully vested RSUs over three years (125k Y1, 70k Y2, 50k Y3).
- Unpaid amounts accelerate upon a Change in Control.
- Parties enter mutual releases and a non-compete during the consultant period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1505952/000162828026001885/0001628280-26-001885-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1505952/000162828026001885/domo8k-20260111.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-001885

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer