Form 4: Samsara Inc. Executive Adam Eltoukhy Reports Stock Sale and Trust Transfer

Executive Vice President, Chief Legal Officer, and Secretary of Samsara Inc., Adam Eltoukhy, reports the sale of 9,308 shares of Class A Common Stock and a transfer of shares from a trust.

Summary

• On October 15, 2024, Adam Eltoukhy, an executive at Samsara Inc., reported the sale of 9,308 shares of Class A Common Stock at a weighted-average price of $50.6369.
• The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 11, 2023.
• The reported price range for the shares sold was between $50.16 and $51.04.
• Eltoukhy also reported a transfer of 9,308 shares of Class A Common Stock from the ES Trust, where he has voting or investment power, to himself.
• Following the reported transactions, Eltoukhy directly owns 396,784 shares of Class A Common Stock and indirectly owns 189,147 shares through the ES Trust.
• Some of the directly held securities are restricted stock units (RSUs), each representing a contingent right to receive one share of Class A Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard regulatory filing reporting stock transactions. There is no indication of positive or negative implications for the company's performance.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding insider trading activities.

Stakeholder Impact

• The stock sale by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the pre-arranged nature of the trades.

Key Dates