Phillips Dominic 4
4 · Samsara Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Samsara (IOT) CFO Dominic Phillips Withholds 5,991 Shares
What Happened
Dominic Phillips, Executive Vice President and Chief Financial Officer of Samsara Inc. (IOT), had 5,991 shares withheld by the company to cover tax obligations upon RSU vesting on March 10, 2026. The withholding was recorded at $34.16 per share, for a total value of approximately $204,653. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-10; Filing date: 2026-03-11 (filed the day after the transaction).
- Shares withheld/disposed: 5,991 shares at $34.16 each; total value ≈ $204,653.
- Transaction code: F — shares withheld by issuer to cover tax obligations on RSU vesting.
- Underlying security: RSUs (footnote indicates certain securities are RSUs that convert to Class A common stock upon vesting).
- Shares owned after transaction: Not specified in the provided excerpt; footnotes note a transfer of 10,563 shares to the Phillips Family Trust and that some holdings are held by that trust. See filing footnotes F1–F4 for details.
- No indication this filing was late based on the provided dates.
Context
This was a routine tax-withholding event tied to RSU vesting — the company withheld shares to satisfy tax liabilities rather than the executive selling shares on the open market. Such withholding transactions are common and generally do not by themselves signal a change in insider sentiment.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1][F2][F3]2026-03-10$34.16/sh−5,991$204,653→ 556,560 total
- 1,072,379(indirect: See footnote)
Class A Common Stock
[F3][F4]
Footnotes (4)
- [F1]Represents shares that have been withheld by the Issuer to cover tax obligations in connection with the vesting of restricted stock units (RSUs).
- [F2]Certain of these securities are 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 10,563 shares of Class A Common Stock from the Reporting Person to The Phillips Family Trust dated 5/9/2013, of which the Reporting Person and his spouse serve as trustees (the "Phillips Family Trust").
- [F4]Consists of shares held by the Phillips Family Trust.