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

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

Summary

• Adam Eltoukhy, an executive at Samsara Inc., reported the sale of Class A Common Stock on January 2, 2025.
• The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 20, 2024.
• A total of 24,978 shares were sold at a weighted-average price of $43.6824, with individual prices ranging from $43.08 to $44.00.
• An additional 200 shares were sold at a weighted-average price of $44.3, with individual prices ranging from $44.21 to $44.39.
• Eltoukhy also reported a transfer of 25,178 shares of Class A Common Stock from the ES Trust, where he has voting or investment power, to himself.
• Following these transactions, Eltoukhy directly owns 331,106 shares and indirectly owns 146,872 shares through the ES Trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, as it's simply a report of activity.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. The use of a 10b5-1 trading plan suggests the sales were pre-planned and not based on inside information at the time of the transactions.

Key Dates