Phillips Dominic has been a consistent net seller across his Form 4 filings, with all 44 reported transactions concentrated in just two companies: Samsara Inc. (IOT) and Datadog Inc. (DDOG). Over the observed period, Dominic recorded zero open-market purchases and roughly $13.5 million in open-market sales, while acquiring only about $33,000 in equity—almost entirely through automatic grants and option exercises. The selling bias is unmistakable: 14 recent sales in IOT alone, ranging from a modest $3,820 transaction on June 5, 2026, to a $1.96 million disposition on December 15, 2025. These sales were spread across nearly every month from late 2025 through mid-2026, including a cluster of four separate sales on June 5, 2026, totaling roughly $691,000.
The transaction pattern in IOT reveals a steady, programmatic liquidation rather than any opportunistic timing. Dominic sold $586,410 worth of shares on May 1, 2026, followed by $640,673.95 on April 1, 2026, and $565,122.63 on March 6, 2026—each roughly a month apart. Interspersed with these sales are automatic "F" transactions, where shares were withheld to cover tax obligations, including a $1.43 million withholding on March 16, 2026, and a $1.31 million withholding on June 15, 2026. These are mechanical, not discretionary, but they reinforce the overall direction: Dominic has been steadily reducing his IOT position, with no offsetting purchases.
In DDOG, the activity is far lighter and entirely non-discretionary. The only reported transactions are "A" codes—compensation grants valued at $12,497.28 on July 1, 2026, $4,722 on April 1, 2026, and a zero-value grant on February 26, 2026. There are no sales, exercises, or tax withholdings in DDOG, suggesting that Dominic’s exposure there is purely a function of equity compensation rather than active portfolio management. Across both tickers, the data paints a clear picture: Dominic is monetizing his IOT holdings on a regular cadence while letting DDOG awards accumulate without any corresponding sales.
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