Samsara Inc. Officer Files Form 144 to Sell $1.17M in Common Stock
Samsara Inc.
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Filing Summary
📋 Form 144 Filing Alert: Samsara Inc. ($IOT) Insider: Dominic Phillips (Officer) Transaction: Proposed Sale of 29,972 Common Shares Value: ~$1,168,031.00 ($38.97/share) Plan: Rule 10b5-1 (Adopted 2025-12-29) Significance: Low (Scheduled Programmatic Sale)
Comprehensive Analysis
Executive Summary
On October 1, 2026, Dominic Phillips, an Officer of Samsara Inc. ($IOT), filed a Form 144 notice proposing the sale of 29,972 shares of common stock through Charles Schwab & Co., Inc. The aggregate market value of the proposed transaction is approximately $1,168,031.00, representing an average price of $38.97 per share.
Transaction & Acquisition Details
The 29,972 shares designated for sale were acquired through restricted stock unit (RSU) lapses on three separate dates as equity compensation:
- 17,908 shares on December 15, 2023
- 2,798 shares on September 10, 2026
- 9,266 shares on September 15, 2026
Remarks indicate the shares are held and being sold through the Phillips Family Trust under a pre-established Rule 10b5-1 trading plan adopted on December 29, 2025.
Prior 3-Month Trading History
This filing reflects regular monthly divestitures under the trading plan:
- July 1, 2026: 29,974 shares for gross proceeds of $998,829.00
- August 3, 2026: 29,618 shares for gross proceeds of $1,114,259.00
- September 4, 2026: 29,619 shares for gross proceeds of $1,310,778.00
Market Impact & Significance
Trading significance is rated as Low. The transaction constitutes a small fraction of Samsara's 380,273,036 outstanding shares and represents routine liquidity executed under an established Rule 10b5-1 plan.
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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.
