Samsara CFO Sells 47,334 Shares at $39.21 for Tax Obligations
Samsara (IOT) Executive Vice President and CFO Dominic Phillips reported significant insider trading activity on June 16, 2025.
Rhea-AI Filing Summary
Samsara (IOT) Executive Vice President and CFO Dominic Phillips reported significant insider trading activity on June 16, 2025. The transaction involved the disposition of 47,334 shares of Class A Common Stock at a weighted-average price of $39.2091 per share through a non-discretionary sale to cover tax withholding obligations related to RSU settlements.
Following the transaction, Phillips holds:
- 793,735 shares directly (including some restricted stock units)
- 1,115,735 shares indirectly through The Phillips Family Trust
Notable details include the transfer of 46,424 shares to The Phillips Family Trust, where Phillips and his spouse serve as trustees. The reported sales were executed at prices ranging from $38.67 to $39.60 per share. This Form 4 filing was submitted by Adam Eltoukhy as attorney-in-fact on behalf of Dominic Phillips.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 47,334 | $39.2091 | $1.86M |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (5)
- F1. These shares were disposed of in non-discretionary transactions to cover the Reporting Person's tax withholding obligations in connection with the settlement of awards of RSUs.
- F2. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $38.67 to $39.60, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- F3. 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.
- F4. The number of shares held reflects the transfer, of 46,424 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.
FAQ
What is the current stock ownership of IOT's CFO after the June 16, 2025 transaction?
What is Dominic Phillips' current position at IOT (Samsara)?
AI-generated analysis. How Rhea-AI works. Not financial advice.