Samsara Inc.·4

Jun 12, 4:59 PM ET

Andreessen Marc L 4

Research Summary

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Samsara (IOT) Director Marc Andreessen Sells $36.6M in Shares

What Happened
Marc Andreessen, a director of Samsara Inc. (IOT), sold a total of 1,113,660 shares in multiple open‑market transactions on June 10–11, 2026, for aggregate proceeds of about $36,640,354. The reported weighted‑average prices and proceeds by trade were: 168,806 shares at $32.83 ($5,541,665); 331,194 shares at $34.11 ($11,296,829); 468,751 shares at $32.18 ($15,083,985); and 144,909 shares at $32.56 ($4,717,875). These were disposals (sales), which are typically routine insider liquidity rather than a bullish signal.

Key Details

  • Transaction dates: June 10–11, 2026; Form 4 filed June 12, 2026 (appears timely within the usual reporting window).
  • Total shares sold: 1,113,660; total proceeds: $36,640,354 (approx.).
  • Reported per‑line weighted averages and price ranges: the filing aggregates multiple trades and provides weighted‑average prices; detailed price ranges in footnotes include: 32.48–33.44, 33.53–34.37, 31.50–32.49, and 32.50–32.81. The reporting person offers to provide a breakdown of shares sold at each separate price upon request.
  • Some shares are held of record by the LAMA Community Trust (the reporting person is a trustee).
  • Filing does not indicate any purchases, option exercises, 10b5‑1 plan, or tax‑withholding disposition in the provided excerpt.
  • Post‑sale holdings are not stated in the excerpt provided.

Context
These were open‑market sales by a company director and not a purchase or option exercise; sales by insiders are common for diversification or liquidity and do not by themselves indicate the company’s future prospects. Because the filing aggregates multiple trades at weighted averages (with footnote ranges), retail investors who want the exact per‑trade prices can request the breakdown from the issuer or SEC staff.