RPD Fund Management Reduces Stake in Domo, Inc. to 9.87% via Series of Open Market Sales
On June 3, 2026, RPD Fund Management LLC and its affiliates, including Ahmet H. Okumus, filed an amendment to their Schedule 13D regarding their investment in Domo, Inc. (DOMO). The filing reports that the reporting persons collectively hold 4,134,970 shares of Class B Common Stock, representing approximately 9.87% of the class. This reflects a decrease from their previously reported position of 4,613,726 shares. The reporting group includes RPD Fund Management LLC (investment manager), RPD Opportunity LLC (general partner), RPD Opportunity Fund LP, and Ahmet H. Okumus (managing member). According to Exhibit 1, the group engaged in active trading over the past 60 days, including a significant purchase of 924,709 shares and a sale of 1,100,900 shares on April 13, 2026. Subsequent to these trades, the group executed a series of smaller sales between May 15 and June 3, 2026, at prices ranging from $3.49 to $4.46 per share. The aggregate purchase price for the currently held shares is approximately $33,241,516.