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

Dominic Phillips, CFO of Samsara Inc., executed sales of Class A Common Stock on April 1, 2025, 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 April 1, 2025.
• The sales were executed under a Rule 10b5-1 trading plan adopted on December 31, 2024.
• A total of 9,657 shares were sold at a weighted-average price of $38.0923, with individual prices ranging from $37.41 to $38.40.
• An additional 11,500 shares were sold at a weighted-average price of $38.5975, with individual prices ranging from $38.41 to $38.80.
• Following these transactions, Phillips directly owns 638,642 shares of Class A Common Stock.
• Phillips also indirectly owns 1,102,884 shares through The Phillips Family Trust.
• There was a transfer of 21,157 shares of Class A Common Stock from The Phillips Family Trust to the Reporting Person.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock sales by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 trading plans to sell shares over time to avoid accusations of trading on inside information. The filing itself doesn't necessarily indicate a positive or negative outlook for the company.

Stakeholder Impact

• The sale of shares by the CFO could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact given the existence of the 10b5-1 trading plan.

Key Dates

Keywords

Samsara Inc., Dominic Phillips, Form 4, Insider Trading, Rule 10b5-1, Class A Common Stock, CFO, IOT