Samsara (NYSE: IOT) legal chief sells shares via 10b5-1 plan
Rhea-AI Filing Summary
Samsara Inc. executive Adam Eltoukhy reported pre-planned share sales of Class A Common Stock. On January 20, 2026, he sold 3,825 shares at a weighted-average price of $32.2837 and 863 shares at a weighted-average price of $33.6942, both coded as open market sales.
The filing states these transactions were made under a Rule 10b5-1 trading plan adopted on March 28, 2025. Following the reported sales, Eltoukhy directly holds 246,675 shares of Class A Common Stock and has an indirect beneficial interest in 121,859 shares held by the ES Trust, over which he has voting or investment power. He serves as Executive Vice President, Chief Legal Officer and Secretary of Samsara.
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FAQ
What insider transaction did Samsara (IOT) report for Adam Eltoukhy?
The Form 4 shows that Adam Eltoukhy, Executive Vice President, Chief Legal Officer and Secretary of Samsara Inc., reported two open market sales of Class A Common Stock on January 20, 2026.
How many Samsara (IOT) shares did Adam Eltoukhy sell and at what prices?
Eltoukhy sold 3,825 shares of Class A Common Stock at a weighted-average price of $32.2837 and 863 shares at a weighted-average price of $33.6942. Each group of shares was sold in multiple transactions within disclosed price ranges.
Was the Samsara (IOT) insider sale by Adam Eltoukhy under a 10b5-1 plan?
Yes. The filing states that the reported sales were effected under a Rule 10b5-1 trading plan adopted on March 28, 2025, which allows for pre-arranged trading of shares.
How many Samsara (IOT) shares does Adam Eltoukhy own after the reported transactions?
After the sales, Eltoukhy directly owns 246,675 shares of Samsara Class A Common Stock. He also has an indirect beneficial interest in 121,859 shares held by the ES Trust, over which he has voting or investment power.
What is the ES Trust mentioned in the Samsara (IOT) Form 4 filing?
The filing explains that certain shares are held by the ES Trust. Eltoukhy has voting or investment power over this trust, and the 121,859 indirectly owned shares consist of shares held by the ES Trust.
Does the Samsara (IOT) filing mention restricted stock units (RSUs) for Adam Eltoukhy?
Yes. The footnotes state that certain securities are restricted stock units (RSUs), with each RSU representing a contingent right to receive one share of Class A Common Stock, subject to vesting schedules and conditions.