Andreessen Marc L 4
4 · Samsara Inc. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Samsara (IOT) Director Marc Andreessen Sells Shares
What Happened
Marc Andreessen, a director of Samsara Inc. (IOT), disposed of a total of 1,142,827 shares in open-market or private sales on June 8–9, 2026 for aggregate proceeds of approximately $38.98 million. Transactions reported: June 8 — 567,827 shares for ~$19.36M (three lots: 531,914; 35,711; 202 shares); June 9 — 575,000 shares for ~$19.62M (three lots: 210,126; 190,605; 174,269 shares). These were sales (code S), which are typically routine dispositions rather than an indicated endorsement of the stock.
Key Details
- Transaction dates: June 8 and June 9, 2026; Form 4 filed June 10, 2026 (timely filing).
- Total sold: 1,142,827 shares for total proceeds ≈ $38,977,309.
- Per-lot prices (reported): ranged roughly from ~$32.70 up to ~$35.36 across the multiple transactions; each aggregated amount reflects a weighted-average price for that lot.
- Footnotes: several sales were aggregated and reported with weighted-average prices; the filing lists specific price ranges for those aggregates and states the reporting person will provide full per-price breakdowns on request. One footnote notes some shares were held of record by the LAMA Community Trust, of which Andreessen is a trustee.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Transaction type: Sales (S). No options exercises, awards, or gifts reported in this filing.
Context
Sales by directors can reflect diversification, tax planning, or other personal reasons; they are not a direct signal of company performance. Purchases typically carry more visible informational value for investors. The filing appears timely (filed within two business days of the reported transactions).
Insider Transaction Report
Form 4
Samsara Inc.IOT
Andreessen Marc L
Director
Transactions
- Sale
Class A Common Stock
[F1][F2]2026-06-08$34.05/sh−531,914$18,109,544→ 3,981,060 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F2]2026-06-08$34.73/sh−35,711$1,240,400→ 3,945,349 total(indirect: See footnote) - Sale
Class A Common Stock
[F2]2026-06-08$35.50/sh−202$7,171→ 3,945,147 total(indirect: See footnote) - Sale
Class A Common Stock
[F4][F2]2026-06-09$33.37/sh−210,126$7,011,547→ 3,735,021 total(indirect: See Footnote) - Sale
Class A Common Stock
[F5][F2]2026-06-09$34.16/sh−190,605$6,510,190→ 3,544,416 total(indirect: See footnote) - Sale
Class A Common Stock
[F6][F2]2026-06-09$34.99/sh−174,269$6,098,457→ 3,370,147 total(indirect: See footnote)
Footnotes (6)
- [F1]The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $33.46 to $34.45, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- [F2]These shares are held of record by the LAMA Community Trust, of which the reporting person is a trustee.
- [F3]The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $34.46 to $35.31, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- [F4]The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $32.70 to $33.69, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- [F5]The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $33.70 to $34.645, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- [F6]The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $34.71 to $35.36, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
Signature
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Marc L. Andreessen|2026-06-10