Phillips Dominic 4

What Happened
Dominic Phillips, Executive Vice President and Chief Financial Officer of Samsara Inc., had 45,089 shares withheld to satisfy tax obligations related to vested restricted stock units (RSUs). The withholding was executed on 2026-03-16 at a price of $31.72 per share, representing approximately $1,430,223. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-16; filing date: 2026-03-18 (filed two days after the transaction, which appears timely under the 2-business-day Form 4 rule).
• Price: $31.72 per share; Shares disposed/withheld: 45,089; Total value: ~$1,430,223.
• Transaction code: F — payment of exercise price or tax liability via share withholding.
• These securities are RSUs (footnote F2); RSUs convert to one share subject to vesting conditions. Footnote F1 clarifies shares were withheld by the issuer to cover tax obligations.
• Ownership after transaction is not explicitly stated in the filing. Footnotes note a transfer of 48,670 shares to the Phillips Family Trust (of which Phillips and his spouse are trustees) and that some shares are held by that trust (F3, F4).

Context
Tax-withholding dispositions on RSU vesting are routine: the company retains (or the insider surrenders) shares to cover tax withholding rather than the insider selling shares on the open market. Such transactions generally do not signal a change in insider sentiment the way open-market purchases or sales might.