Phillips Dominic 4

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.