Form 4: Samsara Inc. Director Jonathan Chadwick Sells Shares Under 10b5-1 Trading Plan

Director Jonathan Chadwick of Samsara Inc. executed sales of Class A Common Stock on March 17, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On March 17, 2025, Jonathan Chadwick, a director at Samsara Inc., sold shares of Class A Common Stock.
• The sales were executed under a Rule 10b5-1 trading plan adopted on September 25, 2024.
• A total of 6,800 shares were sold at a weighted-average price of $38.0325, with individual prices ranging from $37.51 to $38.50.
• An additional 15,700 shares were sold at a weighted-average price of $39.015, with individual prices ranging from $38.51 to $39.35.
• Following these transactions, Chadwick directly owns 373,579 shares of Class A Common Stock, some of which are restricted stock units (RSUs).

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating routine transactions. The sentiment is neutral as it simply reports the sale of shares under a pre-arranged trading plan.

Industry Context

Sales by insiders are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 trading plan allows insiders to sell shares at predetermined times and prices, avoiding accusations of trading on inside information.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but the existence of a 10b5-1 trading plan mitigates concerns about insider trading.

Key Dates

Keywords

Samsara Inc., Jonathan Chadwick, Class A Common Stock, Rule 10b5-1 trading plan, SEC Form 4, Director, Share Sale, IOT