Eltoukhy Adam 4
Research Summary
AI-generated summary
Samsara (IOT) EVP Adam Eltoukhy Sells 1,614 Shares
What Happened
- Adam Eltoukhy, Executive Vice President, Chief Administrative Officer and Secretary of Samsara Inc. (IOT), reported the sale of 1,614 shares on 2026-06-22. The shares were disposed in open-market/private sales for aggregate proceeds of $51,990 (weighted-average price $32.21/share).
Key Details
- Transaction date: 2026-06-22; filing date (Form 4): 2026-06-23.
- Price details: weighted-average $32.21; individual sale prices ranged from $32.2001 to $32.2250. (Reporting person will provide breakdown on request.)
- Proceeds: $51,990 (aggregate).
- Plan/authorization: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted March 28, 2025 (F1).
- Security type: Certain securities involved were restricted stock units (RSUs) that convert to Class A common shares upon vesting (F3).
- Ownership/transfer note: The filing indicates a transfer of 1,614 shares from the ES Trust to the reporting person (F4); the reported “shares held” figure in the filing reflects that transfer. Some shares are held by the ES Trust (F5).
Context
- This was a sale under a pre-established 10b5-1 plan, which often reflects pre-planned, rule-compliant dispositions rather than an immediate change in sentiment. The transaction is routine in nature and does not, on its own, indicate company performance or insider outlook.