Phillips Dominic 4
4 · Samsara Inc. · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Samsara CFO Dominic Phillips Disposes 45,089 Shares (Tax Withholding)
What Happened
Dominic Phillips, Executive Vice President and Chief Financial Officer of Samsara Inc., had 45,089 shares withheld to satisfy tax obligations related to vested restricted stock units (RSUs). The withholding was executed on 2026-03-16 at a price of $31.72 per share, representing approximately $1,430,223. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-16; filing date: 2026-03-18 (filed two days after the transaction, which appears timely under the 2-business-day Form 4 rule).
- Price: $31.72 per share; Shares disposed/withheld: 45,089; Total value: ~$1,430,223.
- Transaction code: F — payment of exercise price or tax liability via share withholding.
- These securities are RSUs (footnote F2); RSUs convert to one share subject to vesting conditions. Footnote F1 clarifies shares were withheld by the issuer to cover tax obligations.
- Ownership after transaction is not explicitly stated in the filing. Footnotes note a transfer of 48,670 shares to the Phillips Family Trust (of which Phillips and his spouse are trustees) and that some shares are held by that trust (F3, F4).
Context
Tax-withholding dispositions on RSU vesting are routine: the company retains (or the insider surrenders) shares to cover tax withholding rather than the insider selling shares on the open market. Such transactions generally do not signal a change in insider sentiment the way open-market purchases or sales might.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1][F2][F3]2026-03-16$31.72/sh−45,089$1,430,223→ 462,801 total
- 1,121,049(indirect: See footnote)
Class A Common Stock
[F3][F4]
Footnotes (4)
- [F1]Represents shares that have been withheld by the Issuer to cover tax obligations in connection with the vesting of restricted stock units (RSUs).
- [F2]Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
- [F3]The number of shares held reflects the transfer, of 48,670 shares of Class A Common Stock from the Reporting Person to The Phillips Family Trust dated 5/9/2013, of which the Reporting Person and his spouse serve as trustees (the "Phillips Family Trust").
- [F4]Consists of shares held by the Phillips Family Trust.