Samsara (IOT) EVP Adam Eltoukhy Sells 9,602 Shares for Taxes
$IOT · Samsara Inc.Research Summary
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Samsara (IOT) EVP Adam Eltoukhy Sells 9,602 Shares for Taxes
What Happened
Adam Eltoukhy, Executive Vice President, Chief Administrative Officer and Secretary of Samsara Inc. (IOT), had 9,602 shares of Class A common stock disposed on Sep 10, 2026 to satisfy tax withholding related to the vesting of restricted stock units (RSUs). The shares were valued at $38.65 each, for a total of $371,117. This was a tax-withholding disposition (code F), not an open-market sale initiated to raise cash or signal trading intent.
Key Details
- Transaction date and price: Sep 10, 2026 — 9,602 shares at $38.65 each.
- Total value of disposition: $371,117.
- Shares owned after transaction: filing notes a transfer of 9,494 shares to the ES Trust (see footnotes); consult the full Form 4 for the exact post-transaction total.
- Notable footnotes: F1 = issuer withheld shares to cover taxes; F2 = these are RSUs (each RSU converts to one share upon vesting); F3/F4 = transfers/holdings involving the ES Trust.
- Filing timeliness: Form filed 2026-09-14 for a 2026-09-10 transaction — this is later than the standard 2-business-day Form 4 filing window.
Context
This was a routine tax-withholding event tied to RSU vesting (a common administrative transaction). Code F indicates shares were withheld by the issuer to satisfy tax obligations rather than sold on the open market by the insider. Such withholdings generally do not reflect an insider’s view on the company’s stock price.