Form 4: Samsara Inc. Executive Adam Eltoukhy Reports Stock Sales to Cover Tax Obligations

Executive Vice President, Chief Legal Officer, and Secretary of Samsara Inc., Adam Eltoukhy, reports selling shares of Class A Common Stock to cover tax withholding obligations related to the settlement of restricted stock units.

Summary

• Adam Eltoukhy, an executive at Samsara Inc., filed a Form 4 detailing changes in beneficial ownership.
• On March 17, 2025, Eltoukhy sold 9,222 shares of Class A Common Stock at a weighted average price of $38.0141.
• He also sold 12,696 shares of Class A Common Stock at a weighted average price of $39.0079 on the same day.
• These sales were non-discretionary transactions to cover tax withholding obligations related to the settlement of restricted stock units (RSUs).
• Eltoukhy also transferred 27,096 shares of Class A Common Stock to the ES Trust, where he has voting or investment power.
• Following these transactions, Eltoukhy directly owns 271,922 shares and indirectly owns 99,077 shares through the ES Trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing simply reports stock sales for tax purposes, which is a routine activity. There is no indication of positive or negative implications for the company's performance.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.

Key Dates

Keywords

Form 4, Samsara Inc., Adam Eltoukhy, Stock Sale, Beneficial Ownership, RSU, Tax Withholding, ES Trust, Class A Common Stock