Samsara EVP & CFO Dominic Phillips Sells $1.17M in Class A Common Stock Under 10b5-1 Plan
Samsara Inc.
Subscribe to track IOT
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
# Insider Transaction Report: Samsara Inc. (IOT)
**Insider:** Dominic Phillips
**Title:** Executive Vice President, Chief Financial Officer
**Filing Date:** 2026-10-05 | **Transaction Date:** 2026-10-01
### Transaction Summary
- **Type:** Sale (Open Market via Rule 10b5-1 Plan)
- **Shares Sold:** 29,972
- **Weighted Avg Price:** ~$38.97
- **Total Consideration:** $1,168,029.98
- **Shares Retained:** 1,778,201 (742,052 direct, 1,036,149 indirect via trust)
### Significance
- **Impact:** Low
- **Context:** Executed pursuant to a Rule 10b5-1 plan adopted on December 29, 2025. Represents ~1.66% of reported holdings.
Comprehensive Analysis
Executive Summary
On October 1, 2026, Dominic Phillips, Executive Vice President and Chief Financial Officer of Samsara Inc. (NYSE: IOT), disposed of 29,972 shares of Class A Common Stock across direct and indirect holdings. The aggregate gross proceeds totaled approximately $1.17 million at weighted-average prices between $38.96 and $39.30 per share.
Transaction Details
-
Direct Ownership:
- Sold 11,782 shares at a weighted-average price of $38.9629 (range: $38.285 to $39.245).
- Sold 282 shares at a weighted-average price of $39.2971 (range: $39.29 to $39.30).
- Post-transaction direct holdings: 742,052 shares (including unvested RSUs).
-
Indirect Ownership (The Phillips Family Trust dated 5/9/2013):
- Sold 17,490 shares at a weighted-average price of $38.9629.
- Sold 418 shares at a weighted-average price of $39.2971.
- Post-transaction indirect holdings: 1,036,149 shares.
Filing Context & Significance
- 10b5-1 Trading Plan: All sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 29, 2025.
- Portfolio Impact: The combined disposition of 29,972 shares represents approximately 1.66% of the insider's total reported beneficial ownership (1,808,173 shares prior to sales).
- Market Implication: Because the sales were programmatic under a 10b5-1 plan established months in advance and represented a modest fraction of his total equity position, the market significance is assessed as Low.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.