Samsara officer reports routine share grant and tax withholding
Samsara Inc. officer Dominic Phillips reported routine equity compensation and tax-related share movements in Class A Common Stock.
Rhea-AI Filing Summary
Samsara Inc. officer Dominic Phillips reported routine equity compensation and tax-related share movements in Class A Common Stock. On June 10, 2026, 8,324 shares were withheld by the company at $33.62 per share to cover tax obligations tied to vesting restricted stock units, which is not an open-market sale. He also acquired 570 shares at $27.74 per share through a grant under an employee plan. After these transactions, Phillips directly holds 930,145 shares of Class A Common Stock and indirectly holds 1,070,046 shares through the Phillips Family Trust, where he and his spouse serve as trustees.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Phillips Dominic
Role
SEE REMARKS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 570 | $27.74 | $16K |
| Exercise Price or Tax Liability | Class A Common Stock | 8,324 | $33.62 | $280K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 913,591 shares (Direct);
Class A Common Stock — 1,070,046 shares (Indirect, See footnote)
Footnotes (5)
- F1. These shares were acquired under the Samsara Inc. 2021 Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
- F2. Certain of these securities are restricted stock units (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.
- F3. Represents shares that have been withheld by the Issuer to cover tax obligations in connection with the vesting of RSUs.
- F4. The number of shares held reflects the transfer, of 8,230 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").
- F5. Consists of shares held by the Phillips Family Trust.
Key Figures
Tax-withheld shares: 8,324 shares
Tax-withholding price: $33.62 per share
Grant shares acquired: 570 shares
+5 more
8 metrics
Tax-withheld shares
8,324 shares
Withheld to cover RSU-related tax obligations at $33.62/share
Tax-withholding price
$33.62 per share
Price used for 8,324 shares withheld for taxes
Grant shares acquired
570 shares
Grant or award acquisition at $27.74/share
Grant reference price
$27.74 per share
Reference price for 570-share grant/award
Direct holdings after transactions
930,145 shares
Class A Common Stock held directly by Phillips after June 10, 2026
Indirect trust holdings
1,070,046 shares
Class A shares held by the Phillips Family Trust
Tax-withholding count
1 transaction
Tax withholding disposition in transactionSummary
Grant/award count
1 transaction
Grant/award acquisition in transactionSummary
Key Terms
restricted stock units (RSUs), Employee Stock Purchase Plan, tax obligations, Phillips Family Trust, +1 more
5 terms
restricted stock units (RSUs) financial
"Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock..."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Employee Stock Purchase Plan financial
"These shares were acquired under the Samsara Inc. 2021 Employee Stock Purchase Plan in a transaction that was exempt..."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax obligations financial
"Represents shares that have been withheld by the Issuer to cover tax obligations in connection with the vesting of RSUs."
Phillips Family Trust financial
"The number of shares held reflects the transfer, of 8,230 shares... to The Phillips Family Trust dated 5/9/2013..."
Rule 16b-3(d) regulatory
"These shares were acquired under the Samsara Inc. 2021 Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c)."
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
FAQ
What insider transactions did Samsara (IOT) officer Dominic Phillips report?
Dominic Phillips reported a routine grant of 570 Class A shares and withholding of 8,324 shares for taxes. These movements relate to equity compensation and restricted stock units, rather than open-market buying or selling of Samsara stock.
What are Dominic Phillips’ total direct holdings of Samsara (IOT) after these transactions?
After the reported transactions, Dominic Phillips directly holds 930,145 shares of Samsara Class A Common Stock. This figure reflects his position following the tax-withholding share reduction and the 570-share grant under the employee stock purchase and equity programs.
Are Dominic Phillips’ Samsara (IOT) transactions open-market trades?
The reported transactions are not open-market trades. Shares were acquired via an employee stock purchase or grant and withheld to satisfy taxes on restricted stock unit vesting, as described in the footnotes, rather than being bought or sold on the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
