Samsara (NYSE: IOT) officer withholds 5,991 RSU shares to pay taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Samsara Inc. officer Dominic Phillips reported a routine tax-withholding transaction related to vested restricted stock units. On March 10, 2026, 5,991 shares of Class A Common Stock were withheld at $34.16 per share to cover tax obligations, rather than being sold on the open market.
After this, Phillips held 556,560 shares directly. In addition, 1,072,379 shares were held indirectly through the Phillips Family Trust, where he and his spouse serve as trustees, reflecting a substantial continuing ownership position.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Phillips Dominic
Role
SEE REMARKS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 5,991 | $34.16 | $205K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 556,560 shares (Direct);
Class A Common Stock — 1,072,379 shares (Indirect, See footnote)
Footnotes (1)
- Represents shares that have been withheld by the Issuer to cover tax obligations in connection with the vesting of restricted stock units (RSUs). Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU. The number of shares held reflects the transfer, of 10,563 shares of Class A Common Stock from the Reporting Person to The Phillips Family Trust dated 5/9/2013, of which the Reporting Person and his spouse serve as trustees (the "Phillips Family Trust"). Consists of shares held by the Phillips Family Trust.
FAQ
What did Dominic Phillips report in his latest Samsara (IOT) Form 4?
Dominic Phillips reported a tax-withholding disposition tied to RSU vesting at Samsara Inc. On March 10, 2026, the issuer withheld shares to cover tax obligations, with no open-market purchase or sale indicated in this filing.
What indirect Samsara (IOT) holdings are reported for Dominic Phillips?
The filing reports 1,072,379 shares of Samsara Class A Common Stock held indirectly via the Phillips Family Trust. Phillips and his spouse serve as trustees of this trust, which consolidates a significant block of his indirect share ownership.
How do RSUs factor into Dominic Phillips’ Samsara (IOT) Form 4 filing?
Footnotes explain that restricted stock units (RSUs) are involved, with each RSU representing a right to receive one share subject to vesting. The 5,991-share tax withholding relates to RSUs that vested, triggering associated tax obligations.