secwatch.observer — SEC 8-K summary
======================================

Issuer:     Samsara Inc. (IOT)
CIK:        0001642896
Form:       8-K
Filed at:   2024-01-02T23:59:59+00:00
Accession:  0001642896-24-000002
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Samsara co-founders adopt 10b5-1 plans to sell up to 10M shares over 2024
-------------------------------------------------------------------------

- CEO Biswas and CTO Bicket each plan to sell up to 5M shares via family trusts from Jan 2, 2024 to Dec 28, 2024.
- Co-founders currently own ~40.37% (218.05M shares); post-sales they would own ~38.52% (208.05M shares).
- Plans adopted Sep 29, 2023 and disclosed in Q3 10-Q; sales subject to Rule 144 volume limits.
- Transactions will be publicly reported on Forms 144 and 4 as required.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1642896/000164289624000002/0001642896-24-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1642896/000164289624000002/iot-20240102.htm
  HTML page:      https://secwatch.observer/filing/0001642896-24-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer