Form 4: Samsara Legal Chief Sells Shares Under 10b5-1 Plan

Samsara's Executive Vice President, Chief Legal Officer, and Secretary, Adam Eltoukhy, sold 4,688 shares of Class A Common Stock for approximately $180,000 under a pre-arranged trading plan.

Summary

• Adam Eltoukhy, Samsara Inc.'s Executive Vice President, Chief Legal Officer, and Secretary, sold 4,688 shares of Class A Common Stock.
• The sale occurred on December 22, 2025, at a weighted-average price of $38.3242 per share, totaling approximately $180,000.
• The transaction was executed under a Rule 10b5-1 trading plan adopted on March 28, 2025.
• Following the sale, Eltoukhy directly owns 246,675 shares and indirectly owns 126,547 shares through the ES Trust.
• The reported shares sold reflect an aggregate number and weighted-average price from multiple transactions ranging from $38.02 to $38.69.
• Prior to the sale, 4,688 shares of Class A Common Stock were transferred from the ES Trust to the Reporting Person.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While it's an insider sale, it was conducted under a pre-arranged 10b5-1 plan, which mitigates the negative perception often associated with insider selling. It's a routine personal financial management event.

Positives

• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a planned and not opportunistic transaction.

Negatives

• An insider sale, even under a 10b5-1 plan, reduces the insider's direct equity stake in the company.

Risks

• Insider selling, even if pre-planned, can sometimes be perceived negatively by the market, potentially signaling a lack of confidence or a desire to diversify personal holdings.

Future Outlook

NA

Industry Context

This is a routine insider transaction and does not directly relate to broader industry trends or competitive dynamics. It reflects an individual executive's personal financial planning.

Related Party Transactions

• The filing notes an indirect beneficial ownership of 126,547 shares held by the ES Trust, over which the Reporting Person has voting or investment power. Additionally, 4,688 shares were transferred from the ES Trust to the Reporting Person prior to the reported sale.

Stakeholder Impact

• Shareholders may note the reduction in direct equity ownership by a key executive, though the pre-planned nature of the sale under a 10b5-1 plan suggests it is for personal financial management rather than a reflection of company performance.

Key Dates

Recommendation

The insider sale by Adam Eltoukhy is a routine transaction executed under a pre-arranged 10b5-1 plan, adopted well in advance. This type of sale is typically for personal financial planning and diversification, rather than a signal of negative company prospects. Given the small size relative to the company's market capitalization and the pre-planned nature, it does not warrant a change in investment thesis. Investors should continue to hold based on the company's fundamentals rather than this specific insider transaction.

Keywords

Samsara Inc., IOT, Adam Eltoukhy, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Class A Common Stock, Executive Vice President, Chief Legal Officer