Kirchhoff Benjamin Louis 4
Research Summary
AI-generated summary
Samsara (IOT) Chief Accounting Officer Benjamin Kirchhoff Sells 2,695 Shares
What Happened
Benjamin Louis Kirchhoff, Chief Accounting Officer of Samsara Inc. (IOT), had 2,695 restricted stock unit (RSU) shares withheld by the company to satisfy tax withholding obligations. The withheld/disposed shares were valued at $34.16 each, totaling $92,061, with the transaction dated March 10, 2026.
Key Details
- Transaction date: 2026-03-10; Filing date (Form 4): 2026-03-11 (timely filing).
- Transaction type/code: F — tax withholding (issuer withheld shares to cover tax obligations).
- Shares involved: 2,695 shares disposed at $34.16 per share; total value $92,061.
- Shares owned after transaction: not disclosed in the provided excerpt.
- Footnotes: F1 notes shares were withheld by the issuer to cover taxes; F2 clarifies these were RSUs (each RSU represents a contingent right to one share, subject to vesting).
Context
This was a routine tax-withholding/net-share-settlement related to RSU vesting, not an open-market sale or a cash purchase. Such withholding transactions are common and typically reflect payroll tax obligations rather than a change in insider sentiment.