[144] Samsara Inc. SEC Filing
Rhea-AI Filing Summary
Samsara Inc. (IOT) filed a Form 144 notifying a proposed sale of 257,000 Class A shares through Raymond James & Associates on 09/09/2025, with an aggregate market value of $10,673,210.00. The shares represent part of an original acquisition recorded on 12/21/2018 when Series E preferred stock converted into Class B common and then to Class A common; the filer shows 5,633,880 shares acquired on that date and indicates cash payment. The filing reports no securities sold by the filer in the past three months and includes the standard representation that no undisclosed material adverse information is known.
Positive
- Disclosure compliance: The filer provided required Rule 144 details including broker, proposed sale date, and aggregate market value.
- Provenance provided: The filing specifies the securities originated from a Series E preferred conversion on 12/21/2018 and lists acquisition details and payment method.
Negative
- None.
Insights
TL;DR: A Rule 144 notice discloses a proposed sale of 257,000 Class A shares via a broker with $10.67M aggregate value.
The filing is a routine Rule 144 disclosure showing a proposed brokered sale scheduled for 09/09/2025. It records the origin of the shares as a conversion from Series E preferred into Class B and then Class A on 12/21/2018 and notes cash payment at acquisition. There are no reported sales in the prior three months, which is explicitly stated. The notice includes the standard certification about no undisclosed material adverse information. For investors, this document is a compliance disclosure rather than operational or financial reporting.
TL;DR: The Form 144 is a compliance disclosure detailing an intended sale and provenance of the securities; it contains no governance changes.
The filing provides clear chain-of-title information for the securities to be sold, including the conversion event dated 12/21/2018 and the use of a named broker. It contains the signature/representation language required by Rule 144 but includes no statements about insider trading plans or other governance actions. No material new governance disclosures are present in this notice.