[144] Samsara Inc. SEC Filing
Rhea-AI Filing Summary
Samsara Inc. (IOT) filing a Form 144 to sell 8,457 common shares following a restricted stock lapse. The shares have an aggregate market value of $322,571 and are scheduled for sale on 09/10/2025 on the NYSE. The filing reports the shares were acquired the same day as a restricted stock lapse from Samsara Inc. as equity compensation.
The filing also lists five prior sales by Dominic Phillips in the past three months totaling 110,312 shares and gross proceeds of $4,328,290. The company-wide shares outstanding noted in the filing are 348,744,278, which provides context for the size of these transactions.
Positive
- Compliance disclosure provided under Rule 144 including acquisition details, sale schedule, broker and exchange information
- Acquisition source disclosed as a restricted stock lapse and identified as equity compensation
Negative
- None.
Insights
TL;DR: Transparent Rule 144 filing following equity-compensation vesting; prior insider sales disclosed, suggesting routine liquidity activity.
The Form 144 documents a planned sale of 8,457 common shares valued at $322,571 after a restricted stock lapse treated as equity compensation. The filing meets disclosure requirements under Rule 144 by specifying acquisition date, nature of acquisition and proposed sale date and venue. The presence of five prior sales by Dominic Phillips totaling 110,312 shares and $4.33 million in proceeds is notable as documented recent insider liquidity activity, but the filing does not indicate any undisclosed material information. For governance review, this appears to be routine insider sale activity tied to compensation vesting rather than an operational development.
TL;DR: Small disclosed sale relative to outstanding shares; documents concentrated recent insider dispositions totaling $4.33M.
The sale of 8,457 shares (aggregate value $322,571) represents a very small fraction of the reported 348.7 million shares outstanding, indicating limited direct market impact. The filing clarifies the acquisition was a restricted stock lapse on the same date as the intended sale and labels the payment nature as equity compensation. The record of 110,312 shares sold in the prior three months producing $4.33 million signals that at least one individual has been monetizing holdings recently. Investors and compliance teams will view this filing as routine liquidity rather than a signal of changed fundamentals, absent other material disclosures.