Form 4: Samsara Executive Sells Shares to Cover Tax Obligations

Samsara Inc.'s Executive Vice President, Chief Legal Officer, and Secretary, Adam Eltoukhy, sold 18,643 shares of Class A Common Stock for tax withholding purposes related to restricted stock unit settlements.

Summary

• Adam Eltoukhy, Executive Vice President, Chief Legal Officer, and Secretary of Samsara Inc. (IOT), reported a transaction on June 16, 2025.
• He disposed of 18,643 shares of Class A Common Stock in a non-discretionary sale.
• The shares were sold at a weighted-average price of $39.21, with individual sales ranging from $38.66 to $39.575.
• The purpose of the sale was to cover tax withholding obligations in connection with the settlement of restricted stock units (RSUs).
• Following the transaction, Mr. Eltoukhy directly beneficially owns 358,720 shares of Class A Common Stock, which includes certain RSUs.
• An additional 114,662 shares are indirectly beneficially owned through the ES Trust, over which Mr. Eltoukhy has voting or investment power.
• The filing also noted a transfer of 18,283 shares of Class A Common Stock from Mr. Eltoukhy to the ES Trust.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale of shares to cover tax withholding obligations related to RSU settlements, which is a common occurrence for executives and does not indicate a change in company fundamentals or outlook.

Future Outlook

The document, an SEC Form 4, reports an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• "These shares were disposed of in non-discretionary transactions to cover the Reporting Person's tax withholding obligations in connection with the settlement of awards of restricted stock units (RSUs)."

Industry Context

This SEC Form 4 filing details a routine insider transaction for tax purposes by a Samsara Inc. executive. It does not provide information relevant to broader industry trends or competitive dynamics.

Related Party Transactions

• Transfer of 18,283 shares of Class A Common Stock from Adam Eltoukhy to AE and NS, Co-Trustees of the ES Trust, over which Mr. Eltoukhy has voting or investment power.

Stakeholder Impact

• Shareholders: Minimal impact, as the transaction is a routine, tax-related sale by an executive and not indicative of a change in the company's operational performance or strategic direction.
• Employees, Customers, Suppliers, Creditors: No direct or material impact from this specific insider transaction.

Key Dates

Keywords

Samsara Inc., IOT, Adam Eltoukhy, Form 4, insider trading, stock sale, restricted stock units, RSU, tax withholding, beneficial ownership