Samsara (NYSE: IOT) officer sells 1,614 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Samsara Inc. officer Adam Eltoukhy reported an open-market sale of 1,614 shares of Class A Common Stock at a weighted-average price of $32.2117 per share, executed under a Rule 10b5-1 trading plan adopted on March 28, 2025. Following the sale, he holds 425,080 shares directly and 152,825 shares indirectly through the ES Trust, over which he has voting or investment power.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,614 shares ($51,990)
Net Sell
2 txns
Insider
Eltoukhy Adam
Role
SEE REMARKS
Sold
1,614 shs ($52K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,614 | $32.2117 | $52K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 425,080 shares (Direct, null);
Class A Common Stock — 152,825 shares (Indirect, See footnote)
Footnotes (1)
- The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted March 28, 2025. 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 $32.2001 to $32.2250, 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 1,614 shares of Class A Common Stock from AE and NS, Co-Trustees of the ES Trust, over which the Reporting Person has voting or investment power (the "ES Trust"), to the Reporting Person. Consists of shares held by the ES Trust.
Key Figures
Shares sold: 1,614 shares
Weighted-average sale price: $32.2117 per share
Direct holdings after sale: 425,080 shares
+2 more
5 metrics
Shares sold
1,614 shares
Open-market sale of Class A Common Stock
Weighted-average sale price
$32.2117 per share
Open-market sale price range $32.2001–$32.2250
Direct holdings after sale
425,080 shares
Class A Common Stock held directly after transaction
Indirect holdings via ES Trust
152,825 shares
Class A Common Stock held by ES Trust
Net shares sold
1,614 shares
Net-sell direction per transaction summary
Key Terms
Rule 10b5-1 trading plan, restricted stock units (RSUs), Class A Common Stock, indirect ownership
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 adopted March 28, 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 a contingent right to receive one share of Class A Common Stock."
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
"Class A Common Stock open-market sale and related RSU rights are reported in the filing."
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.
indirect ownership financial
"Consists of shares held by the ES Trust, reported as indirect ownership."
FAQ
What insider transaction did Samsara (IOT) disclose for Adam Eltoukhy?
Samsara reported that officer Adam Eltoukhy sold 1,614 shares of Class A Common Stock in an open-market transaction at a weighted-average price of $32.2117 per share. The filing classifies this as a routine Form 4 insider sale disclosure.
What are Adam Eltoukhy’s Samsara holdings after this Form 4 transaction?
After the reported sale, Adam Eltoukhy holds 425,080 shares directly of Samsara Class A Common Stock. He also has 152,825 shares indirectly through the ES Trust, where he has voting or investment power, according to the filing’s ownership footnotes.
What does the ES Trust ownership mean for Samsara (IOT) insider holdings?
The filing notes that 152,825 shares are held by the ES Trust, with Adam Eltoukhy having voting or investment power. This means those shares are reported as indirect ownership. A prior transfer moved 1,614 shares from the ES Trust to Eltoukhy personally.
Does the Samsara Form 4 mention restricted stock units (RSUs)?
Yes. A footnote explains that certain reported securities are restricted stock units (RSUs), each representing a contingent right to receive one share of Class A Common Stock. These RSUs remain subject to their specific vesting schedules and conditions outlined in the applicable award agreements.