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 in multiple transactions executed on August 15, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On August 15, 2024, Adam Eltoukhy, Executive Vice President, Chief Legal Officer and Secretary of Samsara Inc., sold shares of Class A Common Stock.
• The sales were executed under a Rule 10b5-1 trading plan adopted on September 11, 2023.
• A total of 7,490 shares were sold at a weighted-average price of $39.3072, with individual prices ranging from $38.97 to $39.95.
• An additional 1,981 shares were sold at a weighted-average price of $40.2711, with individual prices ranging from $39.98 to $40.43.
• Following these transactions, Eltoukhy directly owns 465,967 shares of Class A Common Stock.
• Eltoukhy also indirectly owns 199,678 shares through the ES Trust, where he has voting or investment power.
• 9,471 shares of Class A Common Stock were transferred from AE and NS, Co-Trustees of the ES Trust, to the Reporting Person.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

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 activity.

Stakeholder Impact

• The stock sales by an executive could be perceived neutrally or slightly negatively by shareholders, depending on their interpretation of the reasons behind the sales.

Key Dates