STOCK TITAN

[Form 4] Samsara Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Very Negative)
Form Type
4

Samsara Inc. (IOT) Form 4 filings report that multiple Andreessen Horowitz-related entities distributed large blocks of Class A common stock on September 8, 2025, and executed subsequent sales on September 9, 2025. Collectively, distributions transferred ownership interests from funds to limited partners and affiliated entities, while the same reporting group sold shares in multiple transactions at prices ranging roughly from $37.38 to $40.10 per share. Notable movements include dispositions of 10,949,014 shares (AH Fund IV entities), 1,255,907 shares (AH LSV Fund I entities), and several million shares from parallel funds, leaving some entities with zero remaining Class A shares and others retaining defined holdings shown on the form.

Samsara Inc. (IOT) — Le dichiarazioni Form 4 indicano che diverse entità collegate ad Andreessen Horowitz hanno distribuito ampie tranche di azioni ordinarie di Classe A l'8 settembre 2025 e hanno effettuato successivamente vendite il 9 settembre 2025. Le distribuzioni hanno trasferito quote di proprietà dai fondi ai limited partner e ad entità affiliate, mentre lo stesso gruppo che ha riportato le operazioni ha venduto azioni in più transazioni a prezzi compresi approssimativamente tra $37.38 e $40.10 per azione. Movimenti significativi includono la cessione di 10.949.014 azioni (entità AH Fund IV), 1.255.907 azioni (entità AH LSV Fund I) e diversi milioni di azioni da fondi paralleli, lasciando alcune entità senza azioni di Classe A rimanenti e altre con posizioni definite riportate nel modulo.

Samsara Inc. (IOT) — Los formularios Form 4 informan que varias entidades vinculadas a Andreessen Horowitz distribuyeron grandes bloques de acciones comunes Clase A el 8 de septiembre de 2025 y realizaron ventas posteriores el 9 de septiembre de 2025. En conjunto, las distribuciones transfirieron intereses de propiedad de los fondos a socios limitados y entidades afiliadas, mientras que el mismo grupo informante vendió acciones en múltiples transacciones a precios que oscilaron aproximadamente entre $37.38 y $40.10 por acción. Movimientos notables incluyen disposiciones de 10.949.014 acciones (entidades AH Fund IV), 1.255.907 acciones (entidades AH LSV Fund I) y varios millones de acciones de fondos paralelos, dejando a algunas entidades sin acciones Clase A remanentes y a otras con posiciones específicas que aparecen en el formulario.

Samsara Inc. (IOT) — Form 4 제출 서류에 따르면 Andreessen Horowitz 관련 여러 법인이 2025년 9월 8일에 대규모 클래스 A 보통주를 분배하고, 2025년 9월 9일에 후속 매각을 실시했습니다. 이번 분배는 펀드로부터 유한책임사원 및 계열사로 소유 지분을 이전했으며, 동일한 보고 그룹은 주당 대략 $37.38 ~ $40.10 범위의 가격으로 여러 거래에 걸쳐 주식을 매각했습니다. 주요 이동으로는 10,949,014주(AH Fund IV 법인), 1,255,907주(AH LSV Fund I 법인) 및 병행 펀드의 수백만 주가 포함되며, 일부 법인은 남은 클래스 A 주식이 0주가 되었고 다른 법인은 서류에 기재된 특정 보유를 유지하고 있습니다.

Samsara Inc. (IOT) — Les dépôts Form 4 indiquent que plusieurs entités liées à Andreessen Horowitz ont distribué d'importants blocs d'actions ordinaires de classe A le 8 septembre 2025, puis ont réalisé des ventes le 9 septembre 2025. Collectivement, ces distributions ont transféré des participations de propriété des fonds vers des commanditaires et des entités affiliées, tandis que le même groupe déclarant a vendu des actions dans plusieurs transactions à des prix se situant approximativement entre 37,38 $ et 40,10 $ par action. Parmi les mouvements notables figurent des cessions de 10 949 014 actions (entités AH Fund IV), 1 255 907 actions (entités AH LSV Fund I) et plusieurs millions d'actions provenant de fonds parallèles, laissant certaines entités sans actions de classe A et d'autres avec des avoirs précis figurant sur le formulaire.

Samsara Inc. (IOT) — Aus den Form-4-Meldungen geht hervor, dass mehrere mit Andreessen Horowitz verbundene Einheiten am 8. September 2025 große Blöcke von Stammaktien Klasse A verteilt und anschließend am 9. September 2025 Verkäufe getätigt haben. Die Verteilungen übertrugen kollektive Eigentumsanteile von Fonds auf Limited Partners und verbundene Einheiten, während dieselbe meldende Gruppe Aktien in mehreren Transaktionen zu Kursen von etwa $37.38 bis $40.10 pro Aktie veräußerte. Bedeutende Bewegungen umfassen Veräußerungen von 10.949.014 Aktien (AH Fund IV-Einheiten), 1.255.907 Aktien (AH LSV Fund I-Einheiten) sowie mehrere Millionen Aktien aus Parallelfonds, wobei einige Einheiten danach keine Klasse-A-Aktien mehr hielten und andere in der Meldung aufgeführte Bestände behielten.

Positive
  • None.
Negative
  • Large disposals: AH Fund IV entities sold 10,949,014 Class A shares on 09/08/2025 (reported as a distribution) and additional sales across 09/09/2025 at weighted-average prices, materially reducing reported holdings.
  • Remaining holdings reduced to zero for some reporting entities: several entities (e.g., parts of AH LSV Fund I and AH Parallel Fund V) report zero Class A shares after the reported sales.
  • Wide price range: Sales executed across a broad range of prices (~$37.38 to $40.10), indicating multiple transactions that could reflect market liquidity impact or staged selling.

Insights

TL;DR Significant institutional distributions followed by multi-price sales, reducing certain Andreessen Horowitz entities' reported Class A holdings.

The filings show a structural reallocation: several a16z and affiliated fund entities distributed shares to limited partners and related entities on 09/08/2025, then executed open-market sales on 09/09/2025 at weighted-average prices spanning roughly $37.38–$40.10. The largest single reported disposal was 10,949,014 shares from AH Fund IV entities. Some entities report remaining holdings of zero after sales, while others retain mid-to-high hundreds of thousands of shares. For investors, this is a liquidity and ownership structure event rather than an earnings or operational signal; the sales were executed across a range of prices and many shares were distributed for no consideration to partners prior to sale.

TL;DR The transaction is a redistribution of fund-held stock followed by market sales, raising governance disclosure but not stating intent beyond distributions.

The report details distributions from multiple Andreessen Horowitz funds to limited partners and related entities, with general partners (AH EP variants) described as having voting/dispositive power prior to distribution. Filings include disclaimers that reporting persons do not form a "group" and disclaim beneficial ownership except to the extent of pecuniary interest. From a governance perspective, the filings are procedural: they document transfers and sales and clarify voting/dispositive relationships, but they do not contain statements about strategic intent, changes to board control, or coordination among holders beyond standard fund mechanics.

Samsara Inc. (IOT) — Le dichiarazioni Form 4 indicano che diverse entità collegate ad Andreessen Horowitz hanno distribuito ampie tranche di azioni ordinarie di Classe A l'8 settembre 2025 e hanno effettuato successivamente vendite il 9 settembre 2025. Le distribuzioni hanno trasferito quote di proprietà dai fondi ai limited partner e ad entità affiliate, mentre lo stesso gruppo che ha riportato le operazioni ha venduto azioni in più transazioni a prezzi compresi approssimativamente tra $37.38 e $40.10 per azione. Movimenti significativi includono la cessione di 10.949.014 azioni (entità AH Fund IV), 1.255.907 azioni (entità AH LSV Fund I) e diversi milioni di azioni da fondi paralleli, lasciando alcune entità senza azioni di Classe A rimanenti e altre con posizioni definite riportate nel modulo.

Samsara Inc. (IOT) — Los formularios Form 4 informan que varias entidades vinculadas a Andreessen Horowitz distribuyeron grandes bloques de acciones comunes Clase A el 8 de septiembre de 2025 y realizaron ventas posteriores el 9 de septiembre de 2025. En conjunto, las distribuciones transfirieron intereses de propiedad de los fondos a socios limitados y entidades afiliadas, mientras que el mismo grupo informante vendió acciones en múltiples transacciones a precios que oscilaron aproximadamente entre $37.38 y $40.10 por acción. Movimientos notables incluyen disposiciones de 10.949.014 acciones (entidades AH Fund IV), 1.255.907 acciones (entidades AH LSV Fund I) y varios millones de acciones de fondos paralelos, dejando a algunas entidades sin acciones Clase A remanentes y a otras con posiciones específicas que aparecen en el formulario.

Samsara Inc. (IOT) — Form 4 제출 서류에 따르면 Andreessen Horowitz 관련 여러 법인이 2025년 9월 8일에 대규모 클래스 A 보통주를 분배하고, 2025년 9월 9일에 후속 매각을 실시했습니다. 이번 분배는 펀드로부터 유한책임사원 및 계열사로 소유 지분을 이전했으며, 동일한 보고 그룹은 주당 대략 $37.38 ~ $40.10 범위의 가격으로 여러 거래에 걸쳐 주식을 매각했습니다. 주요 이동으로는 10,949,014주(AH Fund IV 법인), 1,255,907주(AH LSV Fund I 법인) 및 병행 펀드의 수백만 주가 포함되며, 일부 법인은 남은 클래스 A 주식이 0주가 되었고 다른 법인은 서류에 기재된 특정 보유를 유지하고 있습니다.

Samsara Inc. (IOT) — Les dépôts Form 4 indiquent que plusieurs entités liées à Andreessen Horowitz ont distribué d'importants blocs d'actions ordinaires de classe A le 8 septembre 2025, puis ont réalisé des ventes le 9 septembre 2025. Collectivement, ces distributions ont transféré des participations de propriété des fonds vers des commanditaires et des entités affiliées, tandis que le même groupe déclarant a vendu des actions dans plusieurs transactions à des prix se situant approximativement entre 37,38 $ et 40,10 $ par action. Parmi les mouvements notables figurent des cessions de 10 949 014 actions (entités AH Fund IV), 1 255 907 actions (entités AH LSV Fund I) et plusieurs millions d'actions provenant de fonds parallèles, laissant certaines entités sans actions de classe A et d'autres avec des avoirs précis figurant sur le formulaire.

Samsara Inc. (IOT) — Aus den Form-4-Meldungen geht hervor, dass mehrere mit Andreessen Horowitz verbundene Einheiten am 8. September 2025 große Blöcke von Stammaktien Klasse A verteilt und anschließend am 9. September 2025 Verkäufe getätigt haben. Die Verteilungen übertrugen kollektive Eigentumsanteile von Fonds auf Limited Partners und verbundene Einheiten, während dieselbe meldende Gruppe Aktien in mehreren Transaktionen zu Kursen von etwa $37.38 bis $40.10 pro Aktie veräußerte. Bedeutende Bewegungen umfassen Veräußerungen von 10.949.014 Aktien (AH Fund IV-Einheiten), 1.255.907 Aktien (AH LSV Fund I-Einheiten) sowie mehrere Millionen Aktien aus Parallelfonds, wobei einige Einheiten danach keine Klasse-A-Aktien mehr hielten und andere in der Meldung aufgeführte Bestände behielten.

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
X
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*
Andreessen Horowitz LSV Fund I, L.P.

(Last) (First) (Middle)
2865 SAND HILL ROAD, SUITE 101

(Street)
MENLO PARK CA 94025

(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)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X 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 09/08/2025 J(1) 1,255,907 D $0 503,000 I By Andreessen Horowitz LSV Fund I, L.P.(2)
Class A Common Stock 09/08/2025 J(3) 10,949,014 D $0 0 I By Andreessen Horowitz Fund IV, L.P.(4)
Class A Common Stock 09/08/2025 J(5) 994,899 D $0 0 I By AH Parallel Fund IV, L.P.(6)(7)
Class A Common Stock 09/08/2025 J(8) 2,573,745 D $0 257,000 I By AH Parallel Fund V, L.P.(9)(10)
Class A Common Stock 09/08/2025 J(11) 33,331 A $0 33,331 I By a16z Capital Management, L.L.C.(12)
Class A Common Stock 09/08/2025 J(11) 868,485 A $0 4,351,006 I By 1997 Horowitz Family Trust(13)
Class A Common Stock 09/09/2025 S 183,868 D $37.9(14) 319,132 I By Andreessen Horowitz LSV Fund I, L.P.(2)
Class A Common Stock 09/09/2025 S 93,944 D $37.9(14) 163,056 I By AH Parallel Fund V, L.P.(9)(10)
Class A Common Stock 09/09/2025 S 268,420 D $38.78(15) 50,712 I By Andreessen Horowitz LSV Fund I, L.P.(2)
Class A Common Stock 09/09/2025 S 137,145 D $38.78(15) 25,911 I By AH Parallel Fund V, L.P.(9)(10)
Class A Common Stock 09/09/2025 S 50,712 D $39.67(16) 0 I By Andreessen Horowitz LSV Fund I, L.P.(2)
Class A Common Stock 09/09/2025 S 25,911 D $39.67(16) 0 I By AH Parallel Fund V, L.P.(9)(10)
Class A Common Stock 09/09/2025 S 11,860 D $37.91(17) 21,471 I By a16z Capital Management, L.L.C.(12)
Class A Common Stock 09/09/2025 S 18,163 D $38.79(18) 3,308 I By a16z Capital Management, L.L.C.(12)
Class A Common Stock 09/09/2025 S 3,308 D $39.7(19) 0 I By a16z Capital Management, L.L.C.(12)
Class A Common Stock 749 I By Horowitz 2020 Dynasty Trust(20)
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
1. Name and Address of Reporting Person*
Andreessen Horowitz LSV Fund I, L.P.

(Last) (First) (Middle)
2865 SAND HILL ROAD, SUITE 101

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Andreessen Horowitz LSV Fund I-B, L.P.

(Last) (First) (Middle)
2865 SAND HILL ROAD, SUITE 101

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Andreessen Horowitz LSV Fund I-Q, L.P.

(Last) (First) (Middle)
2865 SAND HILL ROAD, SUITE 101

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
AH Equity Partners LSV I, L.L.C.

(Last) (First) (Middle)
2865 SAND HILL ROAD, SUITE 101

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Andreessen Horowitz Fund IV, L.P.

(Last) (First) (Middle)
2865 SAND HILL ROAD, SUITE 101

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Andreessen Horowitz Fund IV-A, L.P.

(Last) (First) (Middle)
2865 SAND HILL ROAD, SUITE 101

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Andreessen Horowitz Fund IV-B, L.P.

(Last) (First) (Middle)
2865 SAND HILL ROAD, SUITE 101

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Andreessen Horowitz Fund IV-Q, L.P.

(Last) (First) (Middle)
2865 SAND HILL ROAD, SUITE 101

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
AH Equity Partners IV, L.L.C.

(Last) (First) (Middle)
2865 SAND HILL ROAD, SUITE 101

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
HOROWITZ BENJAMIN A

(Last) (First) (Middle)
2865 SAND HILL ROAD, SUITE 101

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. On September 8, 2025, the AH LSV Fund I Entities (as defined below) distributed, for no consideration, 1,255,907 shares of the Issuer's Class A Common Stock (the "AH LSV Fund I Shares") to their limited partners and to AH Equity Partners LSV I, L.L.C. ("AH EP LSV I"), the general partner of the AH LSV Fund I Entities, representing each such partner's pro rata interest in such AH LSV Fund I Shares. On the same date, AH EP LSV I distributed, for no consideration, the AH LSV Fund I Shares it received in the distribution to its members, representing each such member's pro rata interest in such AH LSV Fund I Shares. The aforementioned distributions are collectively referred to herein as the "AH LSV Fund I Distribution."
2. These shares are held of record by Andreessen Horowitz LSV Fund I, L.P., for itself and as nominee for Andreessen Horowitz LSV Fund I-B, L.P. and Andreessen Horowitz LSV Fund I-Q, L.P. (collectively, the "AH LSV Fund I Entities"). AH EP LSV I, the general partner of the AH LSV Fund I Entities, may be deemed to have sole voting and dispositive power over the shares held by the AH LSV Fund I Entities. Marc Andreessen and Benjamin Horowitz are the managing members of AH EP LSV I and may be deemed to have shared voting and dispositive power over the shares held by the AH LSV Fund I Entities. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH LSV Fund I Entities and this report shall not be deemed an admission that such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.
3. On September 8, 2025, the AH Fund IV Entities (as defined below) distributed, for no consideration, 10,949,014 shares of the Issuer's Class A Common Stock (the "AH Fund IV Shares") to their limited partners and to AH Equity Partners IV, L.L.C. ("AH EP IV"), the general partner of the AH Fund IV Entities, representing each such partner's pro rata interest in such AH Fund IV Shares. On the same date, AH EP IV distributed, for no consideration, the AH Fund IV Shares it received in the distribution to its members, representing each such member's pro rata interest in such AH Fund IV Shares. The aforementioned distributions are collectively referred to herein as the "AH Fund IV Distribution."
4. These shares are held of record by Andreessen Horowitz Fund IV, L.P., for itself and as nominee for Andreessen Horowitz Fund IV-A, L.P., Andreessen Horowitz Fund IV-B, L.P., and Andreessen Horowitz Fund IV-Q, L.P. (collectively, the "AH Fund IV Entities"). AH EP IV, the general partner of the AH Fund IV Entities, may be deemed to have sole voting and dispositive power over the shares held by the AH Fund IV Entities. Marc Andreessen and Benjamin Horowitz are the managing members of AH EP IV and may be deemed to have shared voting and dispositive power over the shares held by the AH Fund IV Entities. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Fund IV Entities and this report shall not be deemed an admission that such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.
5. On September 8, 2025, the AH Parallel Fund IV Entities (as defined below) distributed, for no consideration, 994,899 shares of the Issuer's Class A Common Stock (the "AH Parallel Fund IV Shares") to their limited partners and to AH Equity Partners IV (Parallel), L.L.C. ("AH EP IV Parallel"), the general partner of the AH Parallel Fund IV Entities, representing each such partner's pro rata interest in such AH Parallel Fund IV Shares. On the same date, AH EP IV Parallel distributed, for no consideration, the AH Parallel Fund IV Shares it received in the distribution to its members, representing each such member's pro rata interest in such AH Parallel Fund IV Shares. The aforementioned distributions are collectively referred to herein as the "AH Parallel Fund IV Distribution."
6. These shares are held of record by AH Parallel Fund IV, L.P., for itself and as nominee for AH Parallel Fund IV-A, L.P., AH Parallel Fund IV-B, L.P., and AH Parallel Fund IV-Q, L.P. (collectively, the "AH Parallel Fund IV Entities"). AH EP IV Parallel, the general partner of the AH Parallel Fund IV Entities, may be deemed to have sole voting and dispositive power over the shares held by the AH Parallel Fund IV Entities.
7. (Continued from Footnote 6) Marc Andreessen and Benjamin Horowitz are the managing members of AH EP IV Parallel and may be deemed to have shared voting and dispositive power over the shares held by the AH Parallel Fund IV Entities. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Parallel Fund IV Entities and this report shall not be deemed an admission that such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.
8. On September 8, 2025, the AH Parallel Fund V Entities (as defined below) distributed, for no consideration, 2,316,745 shares of the Issuer's Class A Common Stock (the "AH Parallel Fund V Shares") to their limited partners and to AH Equity Partners V (Parallel), L.L.C. ("AH EP V Parallel"), the general partner of the AH Parallel Fund V Entities, representing each such partner's pro rata interest in such AH Parallel Fund V Shares. On the same date, AH EP V Parallel distributed, for no consideration, the AH Parallel Fund V Shares it received in the distribution to its members, representing each such member's pro rata interest in such AH Parallel Fund V Shares. The aforementioned distributions are collectively referred to herein as the "AH Parallel Fund V Distribution."
9. These shares are held of record by AH Parallel Fund V, L.P., for itself and as nominee for AH Parallel Fund V-A, L.P., AH Parallel Fund V-B, L.P., and AH Parallel Fund V-Q, L.P. (collectively, the "AH Parallel Fund V Entities"). AH EP V Parallel, the general partner of the AH Parallel Fund V Entities, may be deemed to have sole voting and dispositive power over the shares held by the AH Parallel Fund V Entities. Marc Andreessen and Benjamin Horowitz are the managing members of AH EP V Parallel and may be deemed to have shared voting and dispositive power over the shares held by the AH Parallel Fund V Entities.
10. (Continued from Footnote 9) Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Parallel Fund V Entities and this report shall not be deemed an admission that such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.
11. These shares were acquired pursuant to the AH LSV Fund I Distribution, the AH Fund IV Distribution, the AH Parallel Fund IV Distribution and the AH Parallel Fund V Distribution. The acquisition of such shares was made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
12. These shares are held of record by a16z Capital Management, L.L.C. ("a16z Capital"). The members of a16z Capital are Marc Andreessen and Benjamin Horowitz, who share voting and dispositive power with respect to the shares held by a16z Capital. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by a16z Capital and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.
13. These shares are held of record by the 1997 Horowitz Family Trust, of which Benjamin Horowitz is a trustee. Each of the Reporting Persons disclaims the existence of a "group" and, other than Benjamin Horowitz, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.
14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.38 to $38.3789 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.38 to $39.3791 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.38 to $40.10 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
17. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.40 to $38.39 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
18. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.41 to $39.40 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
19. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.42 to $40.10 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
20. These shares are held of record by the Horowitz 2020 Dynasty Trust. Benjamin Horowitz may be deemed to have shared voting and dispositive power over the shares held by this trust. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.
Remarks:
This Form 4 is the first of three Forms 4 filed relating to the same event. Combined, the three reports report the holdings for the following Reporting Persons: Andreessen Horowitz Fund IV, L.P., Andreessen Horowitz Fund IV-A, L.P., Andreessen Horowitz Fund IV-B, L.P., Andreessen Horowitz Fund IV-Q, L.P., Andreessen Horowitz LSV Fund I, L.P., Andreessen Horowitz LSV Fund I-B, L.P., Andreessen Horowitz LSV Fund I-Q, L.P., AH Parallel Fund IV, L.P., AH Parallel Fund IV-A, L.P., AH Parallel Fund IV-B, L.P., AH Parallel Fund IV-Q, L.P., AH Parallel Fund V, L.P., AH Parallel Fund V-A, L.P., AH Parallel Fund V-B, L.P., AH Parallel Fund V-Q, L.P., Andreessen Horowitz LSV Fund III, L.P., Andreessen Horowitz LSV Fund III-B, L.P., AH 2022 Annual Fund, L.P., AH Equity Partners IV, L.L.C., AH Equity Partners LSV I, L.L.C., AH Equity Partners IV (Parallel), L.L.C., AH Equity Partners V (Parallel), L.L.C., AH Equity Partners LSV III, L.L.C. and Benjamin Horowitz. This Form 4 has been split into three filings because there are more than 10 reporting persons in total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 reporting persons.
Andreessen Horowitz LSV Fund I, L.P., By: AH Equity Partners LSV I, L.L.C., Its: General Partner, By: /s/ Phil Hathaway, Chief Operating Officer 09/10/2025
Andreessen Horowitz LSV Fund I-B, L.P., By: AH Equity Partners LSV I, L.L.C., Its: General Partner, By: /s/ Phil Hathaway, Chief Operating Officer 09/10/2025
Andreessen Horowitz LSV Fund I-Q, L.P., By: AH Equity Partners LSV I, L.L.C., Its: General Partner, By: /s/ Phil Hathaway, Chief Operating Officer 09/10/2025
AH Equity Partners LSV I, L.L.C., By: /s/ Phil Hathaway, Chief Operating Officer 09/10/2025
Andreessen Horowitz Fund IV, L.P., By: AH Equity Partners IV, L.L.C., Its: General Partner, By: /s/ Phil Hathaway, Chief Operating Officer 09/10/2025
Andreessen Horowitz Fund IV-A, L.P., By: AH Equity Partners IV, L.L.C., Its: General Partner, By: /s/ Phil Hathaway, Chief Operating Officer 09/10/2025
Andreessen Horowitz Fund IV-B, L.P., By: AH Equity Partners IV, L.L.C., Its: General Partner, By: /s/ Phil Hathaway, Chief Operating Officer 09/10/2025
Andreessen Horowitz Fund IV-Q, L.P., By: AH Equity Partners IV, L.L.C., Its: General Partner, By: /s/ Phil Hathaway, Chief Operating Officer 09/10/2025
AH Equity Partners IV, L.L.C., By: /s/ Phil Hathaway, Chief Operating Officer 09/10/2025
/s/ Phil Hathaway, Attorney-in-Fact for Benjamin Horowitz 09/10/2025
** 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 did the Form 4 for Samsara (IOT) report on September 8–9, 2025?

The Form 4 reports distributions of Class A shares by Andreessen Horowitz-related funds on 09/08/2025 and subsequent sales on 09/09/2025 at weighted-average prices between $37.38 and $40.10.

How many shares did Andreessen Horowitz Fund IV entities distribute or sell?

The filing reports a distribution of 10,949,014 Class A shares by the AH Fund IV entities and additional sales reported across the filings.

Did any reporting entity end up with zero Class A shares after the transactions?

Yes. The filing shows some entities, including certain seats of Andreessen Horowitz LSV Fund I and AH Parallel Fund V, reported 0 Class A shares after the reported sales.

What price range were the shares sold at according to the filing?

Sales occurred at prices ranging approximately from $37.38 to $40.10 per share; the Form 4 reports weighted-average prices and discloses the full ranges in footnotes.

Were these distributions sold for consideration or distributed for no consideration?

The distributions on 09/08/2025 were made "for no consideration" to limited partners and affiliated entities; subsequent sales on 09/09/2025 were executed for consideration at market prices.
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