STOCK TITAN

Marc Andreessen trust sells 1.11M Samsara (IOT) Class A shares

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

Rhea-AI Filing Summary

Samsara Inc. director Marc Andreessen reported open-market sales of 1,113,660 shares of Class A Common Stock through the LAMA Community Trust, where he serves as trustee. The sales occurred on June 10 and 11 at weighted-average prices ranging from about $32.18 to $34.11 per share. After one of these transactions, the trust’s indirect holdings were reported at 2,256,487 shares of Class A Common Stock.

Positive

  • None.

Negative

  • None.
Insider Andreessen Marc L
Role null
Sold 1,113,660 shs ($36.64M)
Type Security Shares Price Value
Sale Class A Common Stock 468,751 $32.1791 $15.08M
Sale Class A Common Stock 144,909 $32.5575 $4.72M
Sale Class A Common Stock 168,806 $32.8286 $5.54M
Sale Class A Common Stock 331,194 $34.1094 $11.30M
Holdings After Transaction: Class A Common Stock — 2,401,396 shares (Indirect, See Footnote)
Footnotes (1)
  1. 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 $32.48 to $33.44, 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 ranges set forth herein. These shares are held of record by the LAMA Community Trust, of which the reporting person is a trustee. 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 $33.53 to $34.37, 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 ranges set forth herein. 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 $31.50 to $32.49, 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 ranges set forth herein. 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 $32.50 to $32.81, 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 ranges set forth herein.
Total shares sold 1,113,660 shares Aggregate open-market sales reported in Form 4
Sale on June 11 (block 1) 144,909 shares at $32.5575 Class A Common Stock, indirect ownership
Sale on June 11 (block 2) 468,751 shares at $32.1791 Class A Common Stock, indirect ownership
Sale on June 10 (block 1) 331,194 shares at $34.1094 Class A Common Stock, indirect ownership
Sale on June 10 (block 2) 168,806 shares at $32.8286 Class A Common Stock, indirect ownership
Post-trade holdings example 2,256,487 shares Indirect Class A holdings after one June 11 sale
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted-average price financial
"reflect the aggregate number and weighted-average price of shares sold"
indirect ownership financial
"direct_or_indirect: I, ownership_type: indirect"
trustee financial
"LAMA Community Trust, of which the reporting person is a trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
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SEC Form 4
FORM 4UNITED 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*
Andreessen Marc L

(Last)(First)(Middle)
C/O ANDREESSEN HOROWITZ
2865 SAND HILL ROAD, SUITE 101

(Street)
MENLO PARK CALIFORNIA 94025

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Samsara Inc. [ IOT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/10/2026S168,806D$32.8286(1)3,201,341ISee footnote(2)
Class A Common Stock06/10/2026S331,194D$34.1094(3)2,870,147ISee footnote(2)
Class A Common Stock06/11/2026S468,751D$32.1791(4)2,401,396ISee Footnote(2)
Class A Common Stock06/11/2026S144,909D$32.5575(5)2,256,487ISee footnote(2)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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 $32.48 to $33.44, 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 ranges set forth herein.
2. These shares are held of record by the LAMA Community Trust, of which the reporting person is a trustee.
3. 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 $33.53 to $34.37, 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 ranges set forth herein.
4. 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 $31.50 to $32.49, 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 ranges set forth herein.
5. 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 $32.50 to $32.81, 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 ranges set forth herein.
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Marc L. Andreessen06/12/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Samsara Inc. (IOT) disclose for Marc Andreessen?

Samsara disclosed that Marc Andreessen reported open-market sales of 1,113,660 shares of Class A Common Stock. The transactions were executed through the LAMA Community Trust over June 10 and 11 at weighted-average prices in the low to mid-$30 range.

How many Samsara (IOT) shares did the LAMA Community Trust sell in total?

Across the reported transactions, the LAMA Community Trust sold 1,113,660 shares of Samsara Class A Common Stock. This total reflects four separate open-market sales, each reported with its own share count and weighted-average sale price in the disclosure.

Who actually holds the Samsara (IOT) shares involved in Marc Andreessen’s Form 4?

The shares are held of record by the LAMA Community Trust, for which Marc Andreessen serves as a trustee. The Form 4 notes this indirect ownership, indicating that the reported transactions were executed at the trust level rather than in a personal brokerage account.