Form 4: Samsara Executive Adam Eltoukhy Sells Shares

Samsara Inc. Chief Legal Officer Adam Eltoukhy sold 5,473 shares of Class A Common Stock via a Rule 10b5-1 trading plan.

Summary

• Adam Eltoukhy, Executive Vice President and Chief Legal Officer of Samsara Inc., executed the sale of 5,473 shares of Class A Common Stock on April 20, 2026.
• The sales were conducted in two tranches: 5,373 shares at a weighted-average price of $30.6696 and 100 shares at $31.19.
• The transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on March 28, 2025.
• Following the transactions, the reporting person directly holds 190,649 shares and maintains an indirect interest in 138,422 shares held by the ES Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was conducted via a pre-established 10b5-1 plan, which is a routine administrative matter for corporate executives.

Positives

• The sale was pre-planned under a Rule 10b5-1 trading plan, which is a standard mechanism for executives to sell shares without triggering insider trading concerns.

Negatives

• The transaction represents a reduction in the direct equity stake held by a key executive officer.

Risks

• Continued reliance on Rule 10b5-1 plans by insiders can sometimes be perceived by the market as a lack of long-term confidence, though this is a standard administrative action.

Future Outlook

No specific forward-looking guidance regarding company operations was provided in this filing.

Management Comments

• The reporting person confirms that the sales were effected pursuant to a Rule 10b5-1 trading plan adopted March 28, 2025.

Industry Context

StockSavvy.ai notes that executive stock sales are common in the technology sector, particularly when executed through pre-arranged 10b5-1 plans, and generally do not signal a change in company fundamentals.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for corporate officers to manage personal liquidity while maintaining regulatory compliance.

Related Party Transactions

• The filing notes the transfer of 5,473 shares from the ES Trust, where the reporting person has voting or investment power, to the reporting person directly.

Stakeholder Impact

• Minimal impact on shareholders as the sale was pre-planned and represents a small portion of the executive's total holdings.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

Samsara, IOT, Insider Trading, Form 4, Executive Compensation, Rule 10b5-1