Samsara (IOT) Chief Legal Officer Adam Eltoukhy Sells 5,473 Shares

What Happened Adam Eltoukhy, Executive Vice President, Chief Legal Officer and Secretary of Samsara Inc. (IOT), sold a total of 5,473 shares on March 20, 2026 in open-market/private sales, generating approximately $182,303 in gross proceeds. The filing breaks the activity into two reported lots: 4,073 shares at a weighted-average price of $33.18 (≈ $135,123) and 1,400 shares at a weighted-average price of $33.70 (≈ $47,180). The sales were effected pursuant to a Rule 10b5-1 trading plan adopted March 28, 2025; the filing also notes the shares were sold in multiple transactions at prices ranging roughly from $32.63 to $33.73.

Key Details

• Transaction date: March 20, 2026; Form 4 filed March 23, 2026 (timely filing).
• Shares sold: 5,473 total (4,073 @ $33.18; 1,400 @ $33.70); total proceeds ≈ $182,303.
• Reported per-share price ranges across multiple trades: approximately $32.63–$33.73 (see footnotes for breakdown and weighted averages).
• Footnotes: sales executed under a 10b5-1 plan adopted 3/28/2025 (F1); some referenced securities are RSUs (restricted stock units) (F3); filing notes a transfer of 5,473 shares from the ES Trust to the Reporting Person (F4–F6).
• Shares held after transaction: the filing references a transfer of 5,473 shares from the ES Trust to the Reporting Person; consult the Form 4 for the exact post-transaction holdings breakdown.

Context

• These were sales, not purchases; insider sales under pre-established 10b5-1 plans are commonly routine and do not necessarily signal a change in the insider’s view of the company.
• Some securities involved are RSUs (contingent rights to shares subject to vesting), which can affect the timing of transfers and sales.
• For full granularity (individual trade prices, exact post-transaction holdings), review the Form 4 footnotes or request the filing for complete per-trade details.