Form 4: Samsara Executive Sells Shares Under 10b5-1 Plan

Samsara Inc.'s Chief Legal Officer, Adam Eltoukhy, sold 4,688 shares of Class A Common Stock for approximately $125,590 under a pre-arranged trading plan.

Summary

• Adam Eltoukhy, Executive Vice President, Chief Legal Officer and Secretary of Samsara Inc. (IOT), reported transactions on February 20, 2026.
• Eltoukhy sold a total of 4,688 shares of Class A Common Stock.
• The first transaction involved the sale of 4,188 shares at a weighted-average price of $26.6981 per share, with prices ranging from $26.26 to $27.24.
• The second transaction involved the sale of 500 shares at a weighted-average price of $27.6 per share, with prices ranging from $27.43 to $27.77.
• These sales were executed pursuant to a Rule 10b5-1 trading plan adopted on March 28, 2025.
• The shares sold were previously transferred from the ES Trust, over which Eltoukhy has voting or investment power, to his direct ownership.
• Following these transactions, Eltoukhy directly beneficially owns 246,675 shares and indirectly owns 117,171 shares through the ES Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While it's an insider sale, the presence of a 10b5-1 plan mitigates concerns about opportunistic selling, making it a routine personal financial management action.

Positives

• Sales were conducted under a Rule 10b5-1 trading plan, indicating pre-planning and not a reaction to new, non-public information, which helps mitigate concerns about opportunistic insider selling.

Negatives

• An executive sold a total of 4,688 shares of company stock, which can sometimes be perceived negatively by the market, even if pre-planned.

Risks

• NA

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• Adam Eltoukhy, Executive Vice President, Chief Legal Officer and Secretary, signed the filing, confirming the reported transactions.

Industry Context

StockSavvy.ai notes that insider sales under a Rule 10b5-1 plan are a common practice for executives to manage personal finances and diversify holdings without violating insider trading regulations. This is a routine disclosure for a publicly traded company like Samsara Inc. in the IoT sector, and the transaction volume is relatively small.

Comparison to Industry Standards

• NA

Related Party Transactions

• The 4,688 shares of Class A Common Stock sold were previously transferred from the ES Trust to the Reporting Person's direct ownership. The Reporting Person has voting or investment power over the ES Trust.

Stakeholder Impact

• Shareholders: The sale represents a minor dilution relative to the total shares outstanding and, given the 10b5-1 plan, does not suggest any new negative information about the company.

Next Steps

• NA

Key Dates

Recommendation

This Form 4 filing details a routine, pre-scheduled sale of a relatively small number of shares by an executive under a 10b5-1 plan. Such transactions are common for personal financial management and diversification and do not typically signal a change in the company's fundamental outlook or warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as this filing provides no new information to alter an existing investment thesis.

Keywords

Samsara, IOT, Adam Eltoukhy, insider trading, Form 4, stock sale, 10b5-1 plan, executive compensation