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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 16,248 | $34.0987 | $554K |
| Sale | Class A Common Stock | 2,100 | $35.3088 | $74K |
| 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 December 31, 2024. 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 $33.69 to $34.67, 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 18,348 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. 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 $34.77 to $35.59, 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 Phillips Family Trust.
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.
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.
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.