Form 4: Samsara Director Sells $880K in Stock via 10b5-1 Plan

Samsara Inc. Director Jonathan Chadwick sold 22,500 shares of Class A Common Stock for approximately $880,000 through a pre-arranged 10b5-1 trading plan.

Summary

• Jonathan Chadwick, a Director of Samsara Inc. (IOT), sold a total of 22,500 shares of Class A Common Stock.
• The sales occurred on September 15, 2025, under a Rule 10b5-1 trading plan adopted on September 25, 2024.
• The first transaction involved 5,600 shares sold at a weighted-average price of $38.8554, totaling approximately $217,590.24.
• The second transaction involved 16,900 shares sold at a weighted-average price of $39.4313, totaling approximately $666,370.97.
• The total proceeds from these sales amount to approximately $883,961.21.
• Following these transactions, Chadwick directly owns 43,865 shares of Class A Common Stock.
• Chadwick also indirectly beneficially owns 291,085 shares through the CR Family Trust.
• The shares sold were previously transferred from the CR Family Trust to Chadwick's direct ownership prior to the sales.

Sentiment

Score: 5

Explanation: The transaction is a pre-scheduled insider sale under a 10b5-1 plan, which is generally considered routine and neutral in terms of company outlook.

Related Party Transactions

• 22,500 shares of Class A Common Stock were transferred from the CR Family Trust, over which Jonathan Chadwick has voting or investment power, to Jonathan Chadwick directly prior to the reported sales.

Stakeholder Impact

• Shareholders: Insider selling, even under a pre-arranged 10b5-1 plan, may lead to questions about management's confidence, though it is often for personal financial planning and diversification.

Key Dates

Recommendation

The filing reports a pre-scheduled insider sale by a director under a Rule 10b5-1 trading plan. Such transactions are typically for personal financial planning and diversification, rather than an indication of the company's future performance. Without additional information, this routine transaction does not warrant a change in investment recommendation.

Keywords

Samsara, IOT, Jonathan Chadwick, insider trading, stock sale, Form 4, 10b5-1 plan, director