IOT.NYSESamsara INC

Form 4: Samsara CFO Dominic Phillips Sells Shares Under 10b5-1 Trading Plan

Sentiment:

SEC Form 4 Filing


Dominic Phillips, CFO of Samsara Inc., executed multiple sales of Class A Common Stock on September 9, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

  • Dominic Phillips, the CFO of Samsara Inc., reported the sale of Class A Common Stock on September 9, 2024.
  • The sales were executed under a Rule 10b5-1 trading plan adopted on December 21, 2023.
  • A total of 20,491 shares were transferred from The Phillips Family Trust to the Reporting Person.
  • The reported transactions involved multiple sales at varying prices.
  • Phillips directly owns 1,010,326 shares of Class A Common Stock after the reported transactions.
  • Phillips indirectly owns 1,061,816 shares through The Phillips Family Trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to insider trading. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. The use of a 10b5-1 trading plan suggests the sales were pre-planned and not based on any inside information.

Key Dates

DateDescription
05/09/2013Date of The Phillips Family Trust
12/21/2023Date of adoption of Rule 10b5-1 trading plan
09/09/2024Date of transactions (share sales)
09/11/2024Date of signature on the SEC Form 4

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