Samsara (IOT) insider files to sell 20,000 common shares under Rule 144
Rhea-AI Filing Summary
Samsara Inc. (symbol IOT) has a planned insider sale of common stock under Rule 144. The notice covers the proposed sale of 20,000 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $731,200.00 based on the price used in the form. The issuer reports 358,191,765 shares of this class outstanding, providing a sense of the company’s overall equity base.
The shares to be sold were acquired on 03/15/2024 as restricted stock units from the issuer, with 20,000 securities acquired on that date. The form also includes a representation that the seller does not know of any material adverse, non‑public information about the issuer’s current or prospective operations when signing the notice.
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FAQ
What does the Samsara Inc. (IOT) Form 144 filing disclose?
The Form 144 notice discloses a planned sale of 20,000 shares of Samsara Inc. common stock under Rule 144, to be sold through Morgan Stanley Smith Barney LLC on the NYSE.
How large is the planned Samsara (IOT) insider sale and its market value?
The planned sale involves 20,000 common shares of Samsara Inc., with an aggregate market value of $731,200.00 based on the figure reported in the notice.
When were the Samsara (IOT) shares being sold under Form 144 originally acquired?
The 20,000 shares to be sold were acquired on 03/15/2024 as restricted stock units from the issuer.
How many Samsara Inc. (IOT) shares are outstanding according to this Form 144?
The notice reports that 358,191,765 shares of Samsara Inc. common stock are outstanding for the class involved in this sale.
On which exchange and through which broker will the Samsara (IOT) shares be sold?
The Form 144 states that the common shares are expected to be sold on the NYSE through Morgan Stanley Smith Barney LLC Executive Financial Services based in New York.
What representation does the seller make in this Samsara (IOT) Form 144?
By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.