Chadwick Jonathan 4
Research Summary
AI-generated summary
Samsara (IOT) Director Chadwick Jonathan Sells 10,000 Shares
What Happened
Chadwick Jonathan, a director of Samsara Inc. (IOT), sold 10,000 shares of Class A common stock on March 16, 2026. The transactions produced aggregate proceeds of approximately $319,286, with a reported weighted-average price of $31.93 per share (individual sale prices ranged from $31.71 to $32.20).
Key Details
- Transaction date: 2026-03-16; Form 4 filed 2026-03-17 (filed the next day; not indicated as late).
- Shares sold: 10,000; weighted-average price: $31.93; proceeds: $319,286.
- Price range reported: $31.71 to $32.20; the filer will provide a breakdown of the number of shares sold at each price on request.
- Sale executed pursuant to a Rule 10b5-1 trading plan adopted Sept 25, 2025 (footnote F1).
- Some securities involved are restricted stock units (RSUs) that represent contingent rights to receive shares (footnote F3).
- Filing notes a transfer of 10,000 shares from the CR Family Trust to the Reporting Person (footnote F4); total shares held after the sale are not specified in the filing.
- Transaction code: S (sale).
Context
This was an open-market sale under a pre-established 10b5-1 plan, which is commonly used to execute routine sales and does not by itself indicate the director’s view of the company. The filing is informational; retail investors should consider this alongside other insider activity and company fundamentals.