Form 4: Samsara Director Jonathan Chadwick Sells Shares Under Pre-Arranged Trading Plan

Samsara Inc. Director Jonathan Chadwick reported the sale of 22,500 shares of Class A Common Stock for approximately $879,000 under a Rule 10b5-1 trading plan.

Summary

• Jonathan Chadwick, a Director of Samsara Inc. (IOT), sold 22,500 shares of Class A Common Stock on June 16, 2025.
• The shares were sold at a weighted-average price of $39.0669 per share, resulting in a total transaction value of approximately $879,000.
• The sales were executed pursuant to a pre-arranged Rule 10b5-1 trading plan, which was adopted on September 25, 2024.
• Individual transaction prices for the shares sold ranged from $38.62 to $39.48.
• Following this transaction, Mr. Chadwick directly holds 37,494 shares of Class A Common Stock.
• An additional 313,585 shares of Class A Common Stock are indirectly held by the CR Family Trust, over which Mr. Chadwick maintains voting or investment power.
• The filing also references previous transfers of shares, including 336,085 shares of Class A Common Stock from Mr. Chadwick to the CR Family Trust and 22,500 shares from the CR Family Trust back to Mr. Chadwick.

Sentiment

Score: 5

Explanation: Neutral. The transaction is an insider sale, but it was conducted under a pre-arranged 10b5-1 plan, which suggests it's not based on new, non-public information. This makes it a routine disclosure rather than a strong positive or negative signal.

Positives

• The sale was conducted under a Rule 10b5-1 trading plan, indicating a pre-scheduled transaction not based on new, non-public information, which can mitigate concerns typically associated with insider selling.

Negatives

• A director, Jonathan Chadwick, sold 22,500 shares of Class A Common Stock, which represents a reduction in his direct beneficial ownership.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• The filing notes transfers of Class A Common Stock between Jonathan Chadwick and the CR Family Trust, over which he has voting or investment power. Specifically, 336,085 shares were transferred from Mr. Chadwick to the CR Family Trust, and 22,500 shares were transferred from the CR Family Trust to Mr. Chadwick.

Stakeholder Impact

• Shareholders: The sale by a director could be interpreted in various ways, but the execution under a 10b5-1 plan mitigates concerns about it being a signal of negative future performance. It primarily represents a routine liquidity event for the insider.

Key Dates

Keywords

Samsara Inc., IOT, Jonathan Chadwick, Form 4, Insider Trading, Stock Sale, Rule 10b5-1, Class A Common Stock, Director, Beneficial Ownership