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

Samsara's CFO, Dominic Phillips, sold 18,348 shares of Class A Common Stock for approximately $628,148 on January 2, 2026, under a pre-arranged trading plan.

Summary

• Dominic Phillips, Executive Vice President and Chief Financial Officer of Samsara Inc. (IOT), reported the sale of Class A Common Stock.
• The transactions occurred on January 2, 2026, and were executed pursuant to a Rule 10b5-1 trading plan adopted on December 31, 2024.
• A total of 16,248 shares were sold at a weighted-average price of $34.0987 per share, with prices ranging from $33.69 to $34.67.
• An additional 2,100 shares were sold at a weighted-average price of $35.3088 per share, with prices ranging from $34.77 to $35.59.
• The total number of shares sold was 18,348, generating approximately $628,148.47 in proceeds.
• Prior to the sales, 18,348 shares of Class A Common Stock were transferred from The Phillips Family Trust to the Reporting Person.
• Following these transactions, Dominic Phillips directly beneficially owns 573,114 shares of Class A Common Stock.
• Additionally, 1,097,432 shares of Class A Common Stock are indirectly beneficially owned through The Phillips Family Trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral. The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, which indicates a scheduled, non-discretionary transaction, mitigating any immediate negative implications typically associated with insider selling. It is a routine event for executives managing personal liquidity and portfolio diversification.

Positives

• The sales were conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a scheduled transaction not based on new material non-public information.

Negatives

• Insider selling, even when pre-scheduled, can sometimes be perceived by some investors as a lack of conviction in future stock price appreciation, though the remaining holdings are substantial.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing reports an individual insider transaction and does not provide information directly related to broader industry trends or competitive landscape. Insider sales under 10b5-1 plans are common for executives managing personal finances and diversifying portfolios.

Related Party Transactions

• 18,348 shares of Class A Common Stock were transferred from The Phillips Family Trust, of which the Reporting Person and his spouse serve as trustees, to the Reporting Person prior to the sales.

Stakeholder Impact

• Shareholders may note the insider sale, but the pre-arranged nature of the transaction under a 10b5-1 plan generally reduces concerns about its implications for the company's immediate prospects.

Key Dates

Recommendation

The sale by Samsara's CFO was conducted under a pre-arranged 10b5-1 trading plan, indicating it was not based on new material non-public information. Such routine transactions typically do not signal a change in the company's fundamental outlook or warrant an immediate shift in investment recommendation. The volume of shares sold is also not exceptionally large relative to the CFO's total holdings or the company's market capitalization.

Keywords

Samsara, IOT, Form 4, Insider Trading, Stock Sale, Dominic Phillips, CFO, 10b5-1 Plan