STOCK TITAN

IOT Form 144: Adam Eltoukhy plans $0.98M share sale at Samsara

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Samsara Inc. (ticker: IOT) has filed a Form 144 indicating a planned insider sale. The filing covers 24,744 common shares that Adam Eltoukhy intends to sell through Morgan Stanley Smith Barney on or about 26-27 June 2025. Based on the filing’s reference price, the transaction is valued at $982,831.68. The shares were originally acquired as restricted stock units (RSUs) on 10 March 2025 and will be sold on the NYSE.

The filing also discloses prior sales by the same insider within the last three months:

  • 18,643 shares sold on 16 June 2025 for $730,992.03
  • 10,451 shares sold on 10 June 2025 for $430,907.87
Combined, the insider has either sold or plans to sell 53,838 shares, generating or expecting proceeds of roughly $2.15 million.

Relative to Samsara’s reported 299,748,928 shares outstanding, the upcoming sale represents approximately 0.008 % of total shares, indicating an immaterial effect on the public float. The Form 144 certification states that the seller is unaware of any undisclosed material adverse information and that the sale may be conducted under a Rule 10b5-1 trading plan (date not specified).

Investor takeaway: The notice reflects normal insider liquidity rather than a large-scale divestiture. While insider selling can be perceived negatively, the scale here is very small, suggesting limited direct market impact. No operational or earnings information is included in the filing.

Positive

  • None.

Negative

  • Insider selling: Planned sale of 24,744 shares (plus 29,094 already sold) could be viewed as a confidence signal, though size is immaterial (<0.02 % of float).

Insights

TL;DR: Minor Form 144 shows ~25k IOT shares for sale, immaterial to float; sentiment slightly negative but impact negligible.

The filing signals that insider Adam Eltoukhy plans to monetize RSUs worth just under $1 million. Including two recent sales, the insider is shedding ~54k shares—still less than 0.02 % of Samsara’s float. Such activity is routine for executives managing personal finances or tax obligations. No adverse business information accompanies the filing, and the certification affirms no non-public negative data. Given the minimal percentage of shares and lack of strategic implications, I classify the disclosure as neutral for valuation. Traders may register brief sentiment weakness on the headline, but fundamentals remain unchanged.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

How many Samsara (IOT) shares are being proposed for sale in the Form 144?

24,744 common shares are scheduled for sale.

What is the estimated market value of the shares to be sold?

The filing lists an aggregate market value of $982,831.68 for the planned sale.

Who is the selling insider named in the Form 144 for IOT?

The seller is Adam Eltoukhy; the filing does not specify his exact role in the company.

When is the approximate sale date for the proposed transaction?

The sale is expected on or about 27 June 2025.

How many Samsara shares are currently outstanding according to the filing?

The Form 144 cites 299,748,928 shares outstanding.

Were there any recent insider sales disclosed in the filing?

Yes. The insider sold 18,643 shares on 16 June 2025 and 10,451 shares on 10 June 2025.