Samsara CFO sells 29,619 shares at $44 avg
Rhea-AI Filing Summary
Samsara Inc. (IOT) reported that Executive Vice President and Chief Financial Officer Dominic Phillips sold a total of 29,619 shares of Class A Common Stock on September 4, 2026 in open-market or private transactions under a Rule 10b5-1 trading plan adopted December 29, 2025, at a weighted-average price of $44.2546 per share within a range of $43.85 to $44.61. After these sales, he held 836,100 shares directly, including restricted stock units, and 1,019,363 shares indirectly through the Phillips Family Trust.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 29,619 shares
Net Sell
2 txns
Insider
Phillips Dominic
Role
SEE REMARKS
Sold
29,619 shs ($1.31M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3, F4 | 11,710 | $44.2546 | $518K |
| Sale | Class A Common Stock F1, F2, F4, F5 | 17,909 | $44.2546 | $793K |
Holdings After Transaction:
Class A Common Stock — 836,100 shares (Direct);
Class A Common Stock — 1,019,363 shares (Indirect, See footnote)
Footnotes (5)
- F1. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted December 29, 2025.
- 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 $43.85 to $44.61, 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 11,710 shares of Class A Common Stock from The Phillips Family Trust dated 5/9/2013, of which the Reporting Person and his spouse serve as trustees (the "Phillips Family Trust"), to the Reporting Person.
- F5. Consists of shares held by the Phillips Family Trust.
Key Figures
Total shares sold: 29,619 shares
Direct shares sold: 11,710 shares
Indirect shares sold: 17,909 shares
+5 more
8 metrics
Total shares sold
29,619 shares
Class A Common Stock sales reported for September 4, 2026
Direct shares sold
11,710 shares
Sold from direct holdings on September 4, 2026
Indirect shares sold
17,909 shares
Sold from Phillips Family Trust holdings on September 4, 2026
Weighted-average sale price
$44.2546 per share
Aggregate weighted-average price for reported sales
Sale price range
$43.85–$44.61 per share
Range of prices for individual sale transactions
Direct holdings after transaction
836,100 shares
Direct Class A Common Stock position following the reported sales
Indirect holdings after transaction
1,019,363 shares
Class A shares held through the Phillips Family Trust after the sales
Rule 10b5-1 plan adoption date
December 29, 2025
Date Dominic Phillips adopted the trading plan used for these sales
Key Terms
Rule 10b5-1 trading plan, restricted stock units (RSUs), weighted-average price, indirect ownership
4 terms
Rule 10b5-1 trading plan regulatory
"were effected pursuant to a Rule 10b5-1 trading plan adopted December 29, 2025"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units (RSUs) financial
"Certain of these securities are restricted stock units (RSUs). Each RSU represents"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
weighted-average price financial
"reflect the aggregate number and weighted-average price, respectively, of shares sold"
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
indirect ownership financial
"Consists of shares held by the Phillips Family Trust"
FAQ
What insider transaction did Samsara Inc. (IOT) disclose for Dominic Phillips?
Samsara reported that CFO Dominic Phillips sold 29,619 shares of Class A Common Stock on September 4, 2026 in open-market or private transactions, according to the Form 4 filing.
Were the Samsara (IOT) insider sales made under a Rule 10b5-1 plan?
Yes. The sales by Dominic Phillips were effected pursuant to a Rule 10b5-1 trading plan that was adopted on December 29, 2025, as disclosed in the footnotes.
What indirect Samsara (IOT) holdings does Dominic Phillips report after the sale?
Following the transaction, 1,019,363 shares of Samsara Class A Common Stock were held indirectly through the Phillips Family Trust, for which Dominic Phillips and his spouse serve as trustees.
AI-generated analysis. How Rhea-AI works. Not financial advice.