Samsara (IOT) EVP Adam Eltoukhy Sells 7,306 Shares

What Happened Adam Eltoukhy, Executive Vice President, Chief Administrative Officer and Secretary of Samsara Inc. (IOT), sold a total of 7,306 shares of Class A common stock in open-market transactions on September 25, 2026. The sales consisted of 1,539 shares at an average of $38.52 ($59,278) and 5,767 shares at an average of $39.22 ($226,155), for combined proceeds of approximately $285,433. These were sales (not purchases) and were executed under a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date: 2026-09-25; Form 4 filed 2026-09-29.
• Individual transactions reported:
  • 1,539 shares sold @ $38.52 — proceeds $59,278 (prices in this group ranged $37.99–$38.96; see footnote F2).
  • 5,767 shares sold @ $39.22 — proceeds $226,155 (prices in this group ranged $39.02–$39.59; see footnote F5).
• Total shares sold: 7,306; total proceeds: ~$285,433.
• Footnotes of note:
  • F1: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted March 27, 2026.
  • F3: Certain securities involved are restricted stock units (RSUs).
  • F4/F6: The filing notes a transfer of 7,306 shares from the ES Trust to the Reporting Person; the reported holdings reflect that transfer. The exact post-sale holding count is not provided in the summary above.
  • The reporting person offers to provide per-price breakdowns on request (see F2/F5).
• Filing timeliness: No late filing indicator provided; transaction reported within the Form 4 filed 2026-09-29.

Context These sales were conducted under a pre-arranged 10b5-1 plan, which typically authorizes routine dispositions according to a predetermined schedule and is commonly used by insiders to avoid trading-window concerns. Sales under such plans are generally viewed as routine and do not, by themselves, indicate management sentiment about the company’s prospects.