Form 4: Samsara Inc. Executive Vice President Adam Eltoukhy Reports Stock Sales

Executive Vice President Adam Eltoukhy of Samsara Inc. reports the sale of Class A Common Stock under a pre-arranged trading plan.

Summary

• Adam Eltoukhy, Executive Vice President, Chief Legal Officer, and Secretary of Samsara Inc., filed a Form 4 detailing changes in beneficial ownership.
• On January 21, 2025, Eltoukhy sold 6,343 shares of Class A Common Stock at a weighted average price of $47.0228, with prices ranging from $46.23 to $47.22.
• Additionally, 2,700 shares of Class A Common Stock were sold at a weighted average price of $47.3199, with prices ranging from $47.23 to $47.45.
• These sales were executed under a Rule 10b5-1 trading plan adopted on September 20, 2024.
• Eltoukhy also reported holding 333,806 shares of Class A Common Stock after the first transaction and 331,106 after the second transaction.
• The report also notes the transfer of 9,043 shares of Class A Common Stock from the ES Trust to the Reporting Person.
• Eltoukhy indirectly owns 137,829 shares through the ES Trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reporting stock sales by an executive, which is neutral in sentiment.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

• The stock sales by a company executive may be of interest to shareholders.

Key Dates