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[Form 4] Samsara Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

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.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Steele Gary

(Last) (First) (Middle)
C/O SAMSARA INC.
1 DE HARO STREET

(Street)
SAN FRANCISCO CA 94107

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Samsara Inc. [ IOT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 09/02/2025 A 14,088(1) A $0 14,088(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock. One-third of the RSUs will vest on September 15, 2025 and each anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Gary Steele 09/04/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Samsara (IOT) report for Gary Steele?

The Form 4 reports a grant of 14,088 restricted stock units (RSUs) to director Gary Steele on 09/02/2025.

How many shares will Gary Steele own following the reported transaction?

The filing reports 14,088 securities beneficially owned following the transaction, representing the RSUs.

What is the vesting schedule for the RSUs granted to Gary Steele?

One-third of the RSUs vests on September 15, 2025 and the remainder vests in equal annual installments on each anniversary thereafter, subject to continued service.

What price was reported for the RSU grant on the Form 4?

The transaction price is reported as $0, indicating a service-based RSU grant rather than a cash purchase.

Was the Form 4 filed by the reporting person individually or jointly?

The form indicates it was filed by one reporting person (the reporting person filing singly).
Samsara Inc

NYSE:IOT

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21.06B
333.85M
3.82%
91.97%
3.82%
Software - Infrastructure
Services-computer Integrated Systems Design
Link
United States
SAN FRANCISCO