Form 4: Samsara CFO Dominic Phillips Sells Shares Under 10b5-1 Trading Plan
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
| Date | Description |
|---|---|
| 05/09/2013 | Date of The Phillips Family Trust |
| 12/21/2023 | Date of adoption of Rule 10b5-1 trading plan |
| 09/09/2024 | Date of transactions (share sales) |
| 09/11/2024 | Date of signature on the SEC Form 4 |
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