Form 4: Samsara Inc. Executive Adam Eltoukhy Reports Stock Sale to Cover Tax Obligations
SEC Form 4 Filing
Adam Eltoukhy, Executive Vice President, Chief Legal Officer and Secretary of Samsara Inc., sold 5,008 shares of Class A Common Stock to cover tax obligations related to RSU settlement.
Summary
- On September 10, 2024, Adam Eltoukhy, an executive at Samsara Inc., disposed of 5,008 shares of Class A Common Stock.
- The sale was executed to cover tax withholding obligations related to the settlement of restricted stock units (RSUs).
- The shares were sold at a weighted-average price of $47.3048, with individual transactions ranging from $47.025 to $47.63.
- Following the transaction, Eltoukhy directly owns 455,797 shares of Class A Common Stock.
- Eltoukhy also indirectly owns 192,340 shares through the ES Trust, where he has voting or investment power.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are a routine part of insider trading activity and are required by the SEC to provide transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of the stock sale transaction |
| 09/11/2024 | Date of the Form 4 filing |
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