Samsara officer covers taxes with 38,963 shares
Samsara Inc. officer Dominic Phillips reported routine share movements tied to RSU vesting and tax withholding.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Samsara Inc. officer Dominic Phillips reported routine share movements tied to RSU vesting and tax withholding. On the Class A Common Stock, 38,963 shares were withheld by the company at $33.66 per share to cover tax obligations from vested restricted stock units. After this tax-withholding disposition, Phillips directly holds 836,100 shares. Separately, 1,108,574 shares are held indirectly through The Phillips Family Trust, which includes previously transferred shares and certain RSUs that each represent a right to receive one Class A share upon vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 38,963 | $33.66 | $1.31M |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Represents shares that have been withheld by the Issuer to cover tax obligations in connection with the vesting of restricted stock units (RSUs).
- F2. The number of shares held reflects the transfer of 38,528 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").
- 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. Consists of shares held by the Phillips Family Trust.
Key Figures
Key Terms
restricted stock units (RSUs) financial
tax-withholding disposition financial
Class A Common Stock financial
Phillips Family Trust financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Samsara Inc. (IOT) report for Dominic Phillips?
Were Dominic Phillips’ Samsara (IOT) transactions open-market sales or just tax withholding?
What role do RSUs play in Dominic Phillips’ Samsara Inc. (IOT) holdings?
How are Dominic Phillips’ indirect Samsara (IOT) holdings structured?
AI-generated analysis. How Rhea-AI works. Not financial advice.