Eltoukhy Adam 4
Research Summary
AI-generated summary
Samsara (IOT) Adam Eltoukhy Withholds 6,904 RSUs for Taxes
What Happened Adam Eltoukhy, Executive Vice President, Chief Legal Officer and Secretary of Samsara (IOT), had 6,904 shares withheld by the company to cover tax obligations related to the vesting of restricted stock units (RSUs). The shares were valued at $34.16 each, totaling approximately $235,841. This was a tax-withholding disposition (routine), not an open-market sale signaling a directional trade.
Key Details
- Transaction date: 2026-03-10; Filing date: 2026-03-11 (timely).
- Shares withheld/disposed: 6,904 at $34.16; total value ≈ $235,841.
- Transaction code: F — shares withheld by issuer to satisfy tax withholding on RSU vesting.
- Shares owned after transaction: not specified in the provided excerpt; footnotes note a transfer of 12,193 shares from the reporting person to an ES Trust and that some shares are held by the ES Trust.
- Relevant footnotes:
- F1: Issuer withheld shares to cover tax obligations on vested RSUs.
- F2: Certain securities involved are RSUs (each RSU converts to one share upon vesting).
- F3/F4: Reporting person transferred 12,193 shares to the ES Trust; the ES Trust holds certain shares.
Context Withholdings to cover taxes on vested RSUs are routine administrative transactions and do not necessarily reflect the insider’s view of the company’s prospects. Transaction code F indicates a tax-withholding disposition rather than an intentional sale into the market.