Samsara (NYSE: IOT) CFO Dominic Phillips Discloses 10b5-1 Stock Sales
Rhea-AI Filing Summary
Samsara Inc. executive Dominic Phillips, Executive Vice President and Chief Financial Officer, reported planned sales of Class A common stock. On January 2, 2026, he sold 16,248 shares at a weighted-average price of $34.0987 and 2,100 shares at a weighted-average price of $35.3088, with both transactions coded as open-market sales. The filing notes these trades were made under a Rule 10b5-1 trading plan adopted on December 31, 2024, indicating they were pre-arranged.
After these transactions, Phillips beneficially owned 573,114 shares of Class A common stock directly, including restricted stock units, and an additional 1,097,432 shares indirectly through The Phillips Family Trust. The filing also explains a prior transfer of shares from the trust to Phillips, clarifying how his direct and indirect holdings are allocated.
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FAQ
What insider transaction did Samsara (IOT) disclose for Dominic Phillips?
The filing shows that Dominic Phillips, Samsara's Executive Vice President and Chief Financial Officer, reported open-market sales of Class A common stock on January 2, 2026 under a pre-arranged Rule 10b5-1 trading plan.
How many Samsara (IOT) shares did Dominic Phillips sell and at what prices?
On January 2, 2026, Dominic Phillips sold 16,248 shares of Class A common stock at a weighted-average price of $34.0987 and 2,100 shares at a weighted-average price of $35.3088, with each sale executed in multiple trades within stated price ranges.
Were the Samsara (IOT) insider sales by Dominic Phillips under a Rule 10b5-1 plan?
Yes. The filing states that the sales reported by the reporting person were effected pursuant to a Rule 10b5-1 trading plan adopted on December 31, 2024, indicating they were pre-scheduled.
How many Samsara (IOT) shares does Dominic Phillips own after the reported transactions?
Following the reported sales, Dominic Phillips beneficially owned 573,114 shares of Class A common stock directly, including restricted stock units, and 1,097,432 shares indirectly through The Phillips Family Trust.
What is the role of The Phillips Family Trust in Dominic Phillips' Samsara (IOT) holdings?
The filing notes that 1,097,432 shares of Samsara Class A common stock are held by The Phillips Family Trust, of which Dominic Phillips and his spouse serve as trustees, and that a prior transfer of 18,348 shares from the trust to Phillips is reflected in his direct holdings.
What is Dominic Phillips' position at Samsara (IOT)?
Dominic Phillips is identified in the filing as Executive Vice President, Chief Financial Officer of Samsara Inc.