Andreessen Marc L 4

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).