Form 4: Samsara Inc. Director Jonathan Chadwick Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Jonathan Chadwick reported acquiring 5,685 restricted stock units (RSUs) of Samsara Inc. Class A Common Stock on July 10, 2024.
Summary
- On July 10, 2024, Jonathan Chadwick, a director of Samsara Inc., acquired 5,685 shares of Class A Common Stock in the form of restricted stock units (RSUs).
- The price per share was $0.
- Following the transaction, Chadwick directly owns 429,492 shares of Class A Common Stock, some of which are RSUs.
- The RSUs will vest in full on the earlier of July 10, 2025, or the day prior to the date of the Issuer's next annual meeting of stockholders, subject to continued service.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock unit acquisition by a director. It doesn't inherently indicate positive or negative sentiment.
Future Outlook
The RSUs will vest in full on the earlier of July 10, 2025, or the day prior to the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person continuing as a service provider through the applicable vesting date.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 07/10/2024 | Date of transaction: Jonathan Chadwick acquired 5,685 RSUs. |
| 07/10/2025 | RSUs will vest in full on the earlier of this date or the day prior to the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person continuing as a service provider through the applicable vesting date. |
| 07/11/2024 | Date of signature on the Form 4 filing. |
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