Samsara Board Member Chadwick Reduces Stake While IOT Stock Trades Near $40
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Samsara (IOT) Director Jonathan Chadwick reported significant stock transactions executed on June 16, 2025, through a pre-planned Rule 10b5-1 trading arrangement established in September 2024.
Key transaction details:
- Disposed of 22,500 shares of Class A Common Stock at a weighted-average price of $39.0669 per share (range: $38.62-$39.48)
- Following the transaction, directly owns 37,494 shares, including restricted stock units (RSUs)
- Indirectly owns 313,585 shares through the CR Family Trust
Notable ownership changes include the transfer of 336,085 shares to the CR Family Trust and a subsequent transfer of 22,500 shares back to Chadwick. The transactions were executed under a pre-established trading plan, demonstrating compliance with insider trading regulations.
Positive
- None.
Negative
- Director Jonathan Chadwick sold 22,500 shares at an average price of $39.07 per share (~$879,000 total value) through a pre-planned 10b5-1 trading plan
Insider Trade Summary
Net Seller: 22,500 shares ($879,005)
Net Sell
2 txns
Insider
Chadwick Jonathan
Role
Director
Sold
22,500 shs ($879K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 22,500 | $39.0669 | $879K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 37,494 shares (Direct);
Class A Common Stock — 313,585 shares (Indirect, See footnote)
Footnotes (1)
- The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted September 25, 2024. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $38.62 to $39.48, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU. The number of shares held reflects the transfer of 336,085 shares of Class A Common Stock from the Reporting Person to JC and JR, Co-Trustees of the CR Family Trust, over which the Reporting Person has voting or investment power (the "CR Family Trust"). The number of shares held reflects the transfer of 22,500 shares of Class A Common Stock from the CR Family Trust to the Reporting Person. These shares are held by the CR Family Trust.
FAQ
Was Jonathan Chadwick's IOT stock sale part of a 10b5-1 trading plan?
Yes, the sales were executed pursuant to a Rule 10b5-1 trading plan that was adopted on September 25, 2024.
What is Jonathan Chadwick's role at IOT (Samsara Inc.)?
According to the Form 4 filing, Jonathan Chadwick serves as a Director on Samsara Inc.'s board.