Samsara (IOT) CAO trades shares, covers RSU taxes under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Samsara Inc. chief accounting officer Benjamin Louis Kirchhoff reported selling Class A Common Stock and covering taxes tied to equity awards. He completed an open-market sale of 2,549 shares at about $33.74 per share and had 937 shares withheld at roughly $33.66 per share to satisfy tax obligations on vesting restricted stock units. After these transactions, he holds 167,269 shares directly. The filing notes that the reported sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 30, 2025, which indicates the timing of the trades was set in advance.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,549 shares ($86,003)
Net Sell
2 txns
Insider
Kirchhoff Benjamin Louis
Role
CHIEF ACCOUNTING OFFICER
Sold
2,549 shs ($86K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 937 | $33.66 | $32K |
| Sale | Class A Common Stock | 2,549 | $33.74 | $86K |
Holdings After Transaction:
Class A Common Stock — 169,818 shares (Direct, null)
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 sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted September 30, 2025.
Key Figures
Open-market sale: 2,549 shares at $33.74
Tax-withholding shares: 937 shares at $33.66
Shares held after transactions: 167,269 shares
3 metrics
Open-market sale
2,549 shares at $33.74
Class A Common Stock sale on June 15, 2026
Tax-withholding shares
937 shares at $33.66
Withheld to cover RSU-related tax obligations
Shares held after transactions
167,269 shares
Direct Class A Common Stock ownership after reported trades
Key Terms
Rule 10b5-1 trading plan, restricted stock units (RSUs), tax-withholding disposition, Class A Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted September 30, 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
"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-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the 937-share F-code transaction."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Class A Common Stock financial
"security_title: "Class A Common Stock" for both reported non-derivative transactions."
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.
FAQ
What did Samsara (IOT) executive Benjamin Kirchhoff report in this Form 4?
Benjamin Louis Kirchhoff, Samsara’s chief accounting officer, reported an open-market sale of Class A Common Stock and a separate tax-withholding share disposition linked to restricted stock unit vesting, while retaining a substantial direct share position after these transactions.
How are restricted stock units (RSUs) described in this Samsara (IOT) filing?
The filing explains that certain securities are restricted stock units, each representing a contingent right to receive one share of Samsara Class A Common Stock, subject to the specific vesting schedules and conditions attached to the individual RSU awards.