Samsara (NYSE: IOT) officer sells 19,547 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Samsara Inc. officer Dominic Phillips reported an open-market sale of 19,547 shares of Class A Common Stock at $30.00 per share on May 1, 2026. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 29, 2025.
Following the transaction, Phillips holds 462,801 shares directly and 1,081,363 shares indirectly through the Phillips Family Trust, where he and his spouse serve as trustees. Footnotes note that certain holdings are restricted stock units, each representing a contingent right to one share subject to vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 19,547 shares ($586,410)
Net Sell
2 txns
Insider
Phillips Dominic
Role
SEE REMARKS
Sold
19,547 shs ($586K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 19,547 | $30.00 | $586K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 462,801 shares (Direct, null);
Class A Common Stock — 1,081,363 shares (Indirect, See footnote)
Footnotes (1)
- The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted December 29, 2025. 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 19,547 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. Consists of shares held by the Phillips Family Trust.
Key Figures
Shares sold: 19,547 shares
Sale price: $30.00 per share
Direct holdings after sale: 462,801 shares
+2 more
5 metrics
Shares sold
19,547 shares
Open-market sale of Class A Common Stock on May 1, 2026
Sale price
$30.00 per share
Price for 19,547 Class A shares sold May 1, 2026
Direct holdings after sale
462,801 shares
Class A Common Stock directly owned following the transaction
Indirect trust holdings
1,081,363 shares
Class A Common Stock held via The Phillips Family Trust
Net shares sold
19,547 shares
Net buy/sell activity in this Form 4 filing
Key Terms
Rule 10b5-1 trading plan, restricted stock units (RSUs), Class A Common Stock, Phillips Family Trust
4 terms
Rule 10b5-1 trading plan financial
"The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan"
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 a contingent right"
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.
Class A Common Stock financial
"The number of shares held reflects the transfer of 19,547 shares of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Phillips Family Trust financial
"transfer of 19,547 shares of Class A Common Stock from The Phillips Family Trust"
FAQ
What insider transaction did Samsara Inc. (IOT) officer Dominic Phillips report?
Dominic Phillips reported selling 19,547 shares of Samsara Inc. Class A Common Stock. The shares were sold at $30.00 each on May 1, 2026 under a Rule 10b5-1 trading plan, which indicates the trades were pre-scheduled rather than timed discretionarily.
Was the Samsara Inc. (IOT) insider sale by Dominic Phillips part of a 10b5-1 plan?
Yes. The Form 4 states the sales were executed under a Rule 10b5-1 trading plan adopted on December 29, 2025. Such plans pre-schedule trades, aiming to reduce concerns that transaction timing reflects short-term information advantages.
What are the restricted stock units (RSUs) mentioned in Dominic Phillips’ Samsara (IOT) filing?
The filing explains that certain securities are restricted stock units. Each RSU represents a contingent right to receive one Samsara Class A share, subject to meeting the vesting schedule and conditions tied to the underlying compensation awards.