Samsara CLO Sells $730K in Stock for Tax Obligations
Samsara (IOT) Executive Vice President, Chief Legal Officer and Secretary Adam Eltoukhy reported insider trading activity on June 16, 2025.
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Rhea-AI Filing Summary
Samsara (IOT) Executive Vice President, Chief Legal Officer and Secretary Adam Eltoukhy reported insider trading activity on June 16, 2025. The transaction involved the disposition of 18,643 shares of Class A Common Stock at a weighted-average price of $39.21 per share.
Key details of the transaction:
- The shares were sold in a non-discretionary transaction to cover tax withholding obligations related to RSU settlement
- Sale prices ranged from $38.66 to $39.575 per share
- Following the transaction, Eltoukhy directly owns 358,720 shares
- Additionally, he indirectly owns 114,662 shares through the ES Trust
- The filing notes a transfer of 18,283 shares to the ES Trust
This Form 4 filing reflects standard insider activity related to tax obligations from equity compensation, rather than discretionary trading by the executive.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 18,643 | $39.21 | $731K |
| 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 restricted stock units (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 $38.66 to $39.575, 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 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 18,283 shares of Class A Common Stock from the Reporting Person to AE and NS, Co-Trustees of the ES Trust, over which the Reporting Person has voting or investment power (the "ES Trust").
- F5. Consists of shares held by the ES Trust.
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