Samsara (NYSE: IOT) insider uses 12,133 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Samsara Inc. insider Adam Eltoukhy reported a routine tax-withholding transaction related to equity compensation. On this date, the issuer withheld 12,133 shares of Class A Common Stock at $33.66 per share to cover tax obligations from the vesting of restricted stock units (RSUs).
After this withholding, Eltoukhy directly held 425,080 shares of Class A Common Stock. In addition, an ES Trust associated with him held 154,439 shares, over which he has voting or investment power. No open-market purchases or sales were reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Eltoukhy Adam
Role
SEE REMARKS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 12,133 | $33.66 | $408K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 425,080 shares (Direct, null);
Class A Common Stock — 154,439 shares (Indirect, See footnote)
Footnotes (1)
- Represents shares that have been withheld by the Issuer to cover tax obligations in connection with the vesting of restricted stock units (RSUs). 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. The number of shares held reflects the transfer of 11,996 shares of Class A Common Stock from the Reporting Person to AE and NS, Co-Trustees of the ES Trust, over which the Reporting Person has voting or investment power (the "ES Trust"). Consists of shares held by the ES Trust.
Key Figures
Tax-withheld shares: 12,133 shares
Tax-withholding price: $33.66 per share
Direct holdings after transaction: 425,080 shares
+3 more
6 metrics
Tax-withheld shares
12,133 shares
Shares withheld to cover RSU tax obligations
Tax-withholding price
$33.66 per share
Price applied to withheld Class A shares
Direct holdings after transaction
425,080 shares
Eltoukhy direct Class A Common Stock position
Indirect ES Trust holdings
154,439 shares
Shares held by ES Trust with Eltoukhy voting or investment power
Tax-withholding count
1 transaction
Single F-code tax-withholding disposition
Tax-withholding shares summary
12,133 shares
Total tax-withholding shares in transactionSummary
Key Terms
restricted stock units (RSUs), tax obligations, RSUs, Class A Common Stock, +1 more
5 terms
restricted stock units (RSUs) financial
"Represents shares that have been withheld by the Issuer to cover tax obligations in connection with the vesting of restricted stock units (RSUs)."
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.
tax obligations financial
"Represents shares that have been withheld by the Issuer to cover tax obligations in connection with the vesting of restricted stock units (RSUs)."
RSUs financial
"Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock..."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule..."
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.
ES Trust financial
"The number of shares held reflects the transfer of 11,996 shares of Class A Common Stock from the Reporting Person to AE and NS, Co-Trustees of the ES Trust..."
FAQ
What insider transaction did Samsara (IOT) disclose for Adam Eltoukhy?
Samsara reported a tax-withholding transaction for Adam Eltoukhy. The issuer withheld 12,133 shares of Class A Common Stock to cover taxes on vested RSUs, rather than an open-market sale or purchase by the executive.
What is the ES Trust mentioned in the Samsara (IOT) Form 4 footnotes?
The ES Trust holds shares associated with Adam Eltoukhy. Footnotes explain that an ES Trust, over which he has voting or investment power, holds 154,439 shares of Samsara Class A Common Stock as indirect ownership.
Does this Samsara (IOT) Form 4 show any open-market buying or selling?
No open-market purchases or sales are reported. The filing shows a tax-withholding disposition of 12,133 shares and an update to indirect holdings via the ES Trust, with no buy or sell trades on the market.