Eltoukhy Adam 4
Research Summary
AI-generated summary
Samsara (IOT) EVP & CLO Adam Eltoukhy Sells Shares
What Happened
- Adam Eltoukhy, Executive Vice President, Chief Legal Officer and Secretary of Samsara Inc. (IOT), sold a total of 4,688 shares on 2026-01-20 in two open-market dispositions. He sold 3,825 shares at a weighted-average price of $32.28 (aggregate $123,485) and 863 shares at a weighted-average price of $33.69 (aggregate $29,078), for total proceeds of $152,563. These sales were executed under a Rule 10b5-1 trading plan.
Key Details
- Transaction dates: January 20, 2026.
- Prices and ranges:
- 3,825 shares — weighted-average $32.28; individual sale prices ranged $31.92–$32.83 (see footnote).
- 863 shares — weighted-average $33.69; individual sale prices ranged $33.65–$33.70 (see footnote).
- Total shares sold: 4,688; total proceeds: $152,563.
- Footnotes of note:
- Sales were effected pursuant to a 10b5-1 plan adopted March 28, 2025 (F1).
- Price columns report weighted averages; the filing can provide per-transaction breakdowns on request (F2, F5).
- Some referenced securities are RSUs (restricted stock units) that convert to common shares subject to vesting (F3).
- The filing states that reported holdings reflect a transfer of 4,688 shares from the ES Trust to the Reporting Person (F4).
- Filing: Report filed 2026-01-22 for transactions on 2026-01-20 (check filing for exact post-transaction holdings).
Context
- These were sales (dispositions), often routine and possibly pre-planned under a 10b5-1 program; such transactions are generally not a direct bullish signal. No options exercise, gift, or purchase occurred in this filing.