IOT.NYSESamsara INC

Form 4: Samsara Inc. Chief Accounting Officer James Andrew Munk Reports Stock Sales to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


James Andrew Munk, Chief Accounting Officer of Samsara Inc., reported the sale of Class A Common Stock to cover tax withholding obligations related to the settlement of restricted stock units.

Summary

  • On March 10, 2025, James Andrew Munk, the Chief Accounting Officer of Samsara Inc., filed a Form 4 with the SEC.
  • The form details the sale of Class A Common Stock to cover tax withholding obligations related to the settlement of restricted stock units (RSUs).
  • Munk sold 421 shares at a weighted-average price of $33.4896, with individual sales ranging from $33.04 to $33.88.
  • He also sold 496 shares at a weighted-average price of $34.51, with individual sales ranging from $34.11 to $34.83.
  • An additional 24 shares were sold at $35.48.
  • Following these transactions, Munk directly owns 177,494 shares of Class A Common Stock.
  • Munk also indirectly owns 106,482 shares through the Munk Family 1999 Trust U/A DTD 09/30/1999.
  • These shares are held in a trust over which the Reporting Person has voting or investment power.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock sales for tax purposes, which is a neutral event.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

  • The stock sales may have a minor, temporary impact on the stock price, but are unlikely to significantly affect long-term shareholders.

Key Dates

DateDescription
09/30/1999Date of the Munk Family 1999 Trust U/A DTD
03/10/2025Date of the stock transactions
03/12/2025Date of the Form 4 signature

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.