Phillips Dominic 4
4 · Samsara Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Samsara (IOT) CFO Dominic Phillips Sells 35,616 Shares
What Happened
Dominic Phillips, Executive Vice President and Chief Financial Officer of Samsara Inc. (IOT), sold a total of 35,616 shares in two open-market transactions under a Rule 10b5-1 trading plan. On 2026-03-05 he sold 17,808 shares at $30.00 for proceeds of $534,240, and on 2026-03-06 he sold 17,808 shares at an average price of $31.73 for proceeds of $565,123 — total proceeds about $1,099,363. The sales are reported as dispositions (S).
Key Details
- Transaction dates and amounts:
- 2026-03-05: 17,808 shares @ $30.00 = $534,240 (sale)
- 2026-03-06: 17,808 shares @ $31.73 (weighted avg) = $565,123 (sale)
- Total shares sold: 35,616; total proceeds ≈ $1.10M.
- Filing notes these sales were effected pursuant to a Rule 10b5-1 plan adopted Dec 31, 2024 (Footnote F1).
- Footnotes indicate some securities are RSUs (restricted stock units) that convert to shares subject to vesting (F2).
- The filing references transfers of shares from The Phillips Family Trust to Dominic Phillips (F3, F5) and notes shares held by the trust (F6).
- One footnote explains the weighted-average price and that shares were sold in multiple trades at prices in the $31.70–$31.86 range (F4).
- No late-filing flag is indicated in this report.
Context
These transactions are sales — commonly routine liquidity or tax-related moves — and were executed under a pre-established 10b5-1 plan, which allows insiders to sell according to a preset schedule regardless of subsequent inside information. RSUs mentioned in the filing are contingent rights to receive shares upon vesting and do not by themselves indicate additional purchases or sales.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-03-05$30.00/sh−17,808$534,240→ 573,114 total - Sale
Class A Common Stock
[F1][F4][F2][F3]2026-03-06$31.73/sh−17,808$565,123→ 573,114 total
- 1,061,816(indirect: See footnote)
Class A Common Stock
[F5][F6]
Footnotes (6)
- [F1]The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted December 31, 2024.
- [F2]Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
- [F3]The number of shares held reflects the transfer of 17,808 shares of Class A Common Stock from The Phillips Family Trust dated 5/9/2013, of which the Reporting Person and his spouse serve as trustees (the "Phillips Family Trust"), to the Reporting Person.
- [F4]The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $31.70 to $31.86, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- [F5]The number of shares held reflects the transfer of 35,616 shares of Class A Common Stock from The Phillips Family Trust to the Reporting Person.
- [F6]Consists of shares held by the Phillips Family Trust.