[Form 4] Samsara Inc. Insider Trading Activity
Rhea-AI Filing Summary
Gary Steele, a director of Samsara Inc. (IOT), was granted 14,088 restricted stock units (RSUs) on 09/02/2025. Each RSU represents a contingent right to one share of Class A common stock and the reported post-transaction beneficial ownership is 14,088 shares. The RSUs have a time-based vesting schedule: one-third vests on September 15, 2025 and the remainder vests in equal annual installments on each anniversary thereafter, subject to continued service. The award was reported on a Form 4 by the reporting person acting through an attorney-in-fact. The transaction price is reported as $0, reflecting a grant of RSUs rather than a cash purchase.
Positive
- Grant of 14,088 RSUs to director Gary Steele, reflecting board-level equity compensation
- Clear vesting schedule: one-third vests on September 15, 2025, then annually, tying awards to continued service
Negative
- None.
Insights
TL;DR: Director received 14,088 RSUs with multi-year vesting; modest insider compensation event, limited near-term cash impact.
The grant of 14,088 RSUs to a director is a routine equity compensation action that increases potential future dilution if and when shares vest and settle. The reported price of $0 indicates a service-based grant rather than a purchase. The one-third/annual vesting schedule front-loads a near-term vesting tranche on September 15, 2025, which could convert to Class A shares then. For investors, the item is informational regarding insider incentives and potential future share issuance but does not indicate immediate cash flow or a material change to operating results.
TL;DR: Time-based RSUs align director incentives with shareholders; vesting tied to continued service.
The disclosed RSU award uses a standard service-based vesting schedule: one-third vesting after roughly one year and annual vesting thereafter. Such grants are common for non-employee directors or continuing executives to retain service and align interests with long-term shareholder value. The Form 4 shows direct beneficial ownership of 14,088 RSUs post-transaction, and the disclosure follows Section 16 reporting requirements. No changes in control or accelerated vesting were disclosed.