Dominic Phillips of Samsara (IOT) sells 35,616 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Samsara Inc. executive Dominic Phillips reported open-market stock sales under a pre-set Rule 10b5-1 trading plan. He sold 17,808 shares of Class A Common Stock on March 5 at $30.00 per share and 17,808 shares on March 6 at a weighted-average price of $31.7342, with individual trades between $31.70 and $31.86. After these transactions, he held 573,114 shares directly and 1,061,816 shares indirectly through The Phillips Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 35,616 shares ($1,099,363)
Net Sell
3 txns
Insider
Phillips Dominic
Role
SEE REMARKS
Sold
35,616 shs ($1.10M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 17,808 | $31.7342 | $565K |
| Sale | Class A Common Stock | 17,808 | $30.00 | $534K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 573,114 shares (Direct);
Class A Common Stock — 1,061,816 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 31, 2024. 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 17,808 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 $31.70 to $31.86, 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. The number of shares held reflects the transfer of 35,616 shares of Class A Common Stock from The Phillips Family Trust to the Reporting Person. Consists of shares held by the Phillips Family Trust.
FAQ
What insider transaction did Dominic Phillips report at Samsara Inc. (IOT)?
Dominic Phillips reported two open-market sales of Samsara Class A Common Stock totaling 35,616 shares. The trades occurred on March 5 and March 6, 2026, and were executed under a Rule 10b5-1 trading plan adopted on December 31, 2024.
Were Dominic Phillips’ Samsara (IOT) stock sales pre-planned?
Yes. The filing states that the sales reported by Dominic Phillips were effected under a Rule 10b5-1 trading plan. This plan was adopted on December 31, 2024, allowing trades to be executed automatically according to predetermined instructions and timing criteria.
What does the weighted-average price mean in Dominic Phillips’ Samsara (IOT) sale?
The weighted-average price of $31.7342 reflects multiple trades executed between $31.70 and $31.86. The filing notes that this figure aggregates all trades that day and that detailed breakdowns by exact price and share count are available upon request from the issuer or the SEC staff.