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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,825 | $32.2837 | $123K |
| Sale | Class A Common Stock | 863 | $33.6942 | $29K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted March 28, 2025. 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 $31.92 to $32.83, 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. 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. The number of shares held reflects the transfer of 4,688 shares of Class A Common Stock from AE and NS, Co-Trustees of the ES Trust, over which the Reporting Person has voting or investment power (the "ES Trust"), to the Reporting Person. 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 $33.65 to $33.70, 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. Consists of shares held by the ES Trust.
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.
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.
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.