Form 4: Samsara Inc. Executive Dominic Phillips Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Dominic Phillips, Executive Vice President and CFO of Samsara Inc., reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units (RSUs).
Summary
- Dominic Phillips, the Executive Vice President and CFO of Samsara Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
- The report indicates the acquisition of 264,866 shares of Class A Common Stock at $0, likely through the vesting of Restricted Stock Units (RSUs).
- Phillips directly owns 903,508 shares of Class A Common Stock following the reported transactions.
- He also indirectly owns 1,102,884 shares through The Phillips Family Trust.
- The RSUs vest in sixteenths starting June 10, 2025, contingent upon continued service as a provider.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Future Outlook
The vesting of RSUs is contingent upon the Reporting Person continuing as a service provider.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 5/9/2013 | Date of The Phillips Family Trust |
| 04/03/2025 | Date of Earliest Transaction |
| 06/10/2025 | First vesting date for RSUs |
| 04/07/2025 | Date of Form 4 filing |
Keywords
Form 4, Beneficial Ownership, Samsara Inc., Dominic Phillips, RSU, Class A Common Stock, Securities, CFO
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