Eltoukhy Adam 4
Research Summary
AI-generated summary
Samsara EVP Adam Eltoukhy Shares Withheld for Taxes
What Happened
- Adam Eltoukhy, Executive Vice President, Chief Administrative Officer and Secretary of Samsara Inc. (IOT), disposed of 12,133 shares on June 15, 2026 as tax withholding in connection with RSU vesting. The withholding was reported at $33.66 per share for a total value of approximately $408,397. This was a tax-withholding transaction (code F), not an open-market sale.
Key Details
- Transaction date and price: June 15, 2026 — 12,133 shares withheld at $33.66/share.
- Transaction type: F = shares withheld by issuer to cover tax obligations related to RSU vesting (cashless/tax-withholding treatment).
- Holdings after transaction: filing notes the transfer of 11,996 shares of Class A common stock from the reporting person to AE and NS, Co-Trustees of the ES Trust; the ES Trust holds those shares (see footnotes F3–F4). The Form 4 does not report a separate net change implying an open-market sale.
- Relevant footnotes: F1 (withheld to cover taxes), F2 (these are RSUs — each represents a contingent right to one share), F3/F4 (11,996 shares transferred to and held by the ES Trust).
- Timeliness: Transaction occurred 2026-06-15 and the Form 4 was filed 2026-06-17 — filed within the standard two-business-day window.
Context
- Tax-withholding on vested RSUs is a routine administrative action to satisfy tax liabilities and is not the same as an insider selling shares on the open market. It generally does not indicate a change in insider sentiment about the company. The filing also shows transfers into an ES Trust, which is a separate holding arrangement rather than a public-market disposition.