Samsara Inc.·4

Jun 17, 6:07 PM ET

Chadwick Jonathan 4

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Samsara (IOT) Director Jonathan Chadwick Sells 10,000 Shares

What Happened

  • Jonathan Chadwick, a director of Samsara Inc. (IOT), sold a total of 10,000 shares on June 15, 2026 in open-market transactions. The filing reports two aggregated sales: 9,500 shares at a weighted-average price of $33.43 (reported proceeds $317,615) and 500 shares at a weighted-average price of $34.22 (reported proceeds $17,108), for aggregate proceeds of approximately $334,723. These were sales (not purchases), and were effected under a pre-established Rule 10b5-1 trading plan.

Key Details

  • Transaction date: 2026-06-15; filing date: 2026-06-17 (timely file).
  • Reported sale amounts/prices: 9,500 shares @ $33.43 (aggregate $317,615) and 500 shares @ $34.22 (aggregate $17,108); combined proceeds ≈ $334,723.
  • Price ranges: the filing notes the reported weighted-average prices reflect multiple trades — one set of sales ranged $33.03–$34.02 (F2) and another $34.15–$34.34 (F5); the filer will provide per-price breakdown on request.
  • 10b5-1 plan: Sales were made pursuant to a Rule 10b5-1 trading plan adopted Sept. 25, 2025 (F1).
  • RSUs and trust notes: Some securities referenced are restricted stock units (RSUs) that vest subject to conditions (F3). The filing also notes a transfer of 10,000 Class A shares from the CR Family Trust to the Reporting Person (F4) and indicates certain shares are held by the CR Family Trust (F6).
  • Shares held after transaction: the filing’s footnotes reference a transfer from the family trust but do not state a clear total “shares owned after” figure in the summary section.

Context

  • Sales under a 10b5-1 plan are scheduled, pre-authorized transactions commonly used by insiders to sell shares for liquidity or diversification and do not, by themselves, indicate a change in view about the company. Because these transactions were sales (not purchases or exercises), they are generally considered routine insider liquidity events rather than a bullish signal.