Samsara 8-K: Administrative Update, NYSE Listing Confirmed

TL;DR

**Samsara filed a routine 8-K, confirming its NYSE listing and corporate details.**

AI Summary

Samsara Inc. filed an 8-K on January 2, 2024, to report an "Other Event." This filing primarily updates administrative details, confirming its incorporation in Delaware, its Commission File Number 001-41140, and its Class A Common Stock (IOT) is registered on The New York Stock Exchange. This matters to investors because it confirms the company's current legal and listing status, providing transparency on its foundational corporate information, though it doesn't announce new financial or operational developments.

Why It Matters

This filing confirms Samsara Inc.'s current corporate structure and stock exchange listing, providing essential foundational information for investors.

Risk Assessment

Risk Level: low — This filing is purely administrative and does not indicate any new financial or operational risks for Samsara Inc.

Analyst Insight

Investors should note this filing confirms basic corporate information but does not contain new material financial or operational news, so no immediate action is required based solely on this 8-K.

Key Numbers

• 001-41140 — Commission File Number (identifies Samsara Inc. with the SEC)
• $0.0001 — par value per share (par value of Samsara Inc.'s Class A Common Stock)

Key Players & Entities

• Samsara Inc. (company) — the registrant filing the 8-K
• Delaware (company) — state of incorporation for Samsara Inc.
• 001-41140 (dollar_amount) — Samsara Inc.'s Commission File Number
• IOT (company) — trading symbol for Samsara Inc.'s Class A Common Stock
• The New York Stock Exchange (company) — exchange where Samsara Inc.'s Class A Common Stock is registered
• January 2, 2024 (dollar_amount) — date of earliest event reported and filing date

FAQ

Key Financial Figures

• $0.0001 — which registered Class A Common Stock, $0.0001 par value per share IOT The New York St

Filing Documents

• iot-20240102.htm (8-K) — 25KB
• 0001642896-24-000002.txt ( ) — 147KB
• iot-20240102.xsd (EX-101.SCH) — 2KB
• iot-20240102_lab.xml (EX-101.LAB) — 24KB
• iot-20240102_pre.xml (EX-101.PRE) — 12KB
• iot-20240102_htm.xml (XML) — 3KB

01 Other Events

Item 8.01 Other Events . On January 2, 2024, Samsara Inc. ("Samsara") announced that Sanjit Biswas, Chief Executive Officer, co-founder, and director, and John Bicket, Chief Technology Officer, co-founder, and director, each previously adopted pre-arranged stock trading plans on behalf of affiliated family trusts as part of their individual long-term strategies for achieving asset diversification and liquidity. Using these trading plans, which were adopted on September 29, 2023 and disclosed in Samsara's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (the "SEC") on December 5, 2023, Mr. Biswas and Mr. Bicket will spread their planned stock sales out from January 2, 2024 through December 28, 2024 to reduce the market impact of such sales on any given day. All sales of shares under Mr. Biswas' and Mr. Bicket's trading plans are subject to volume limitations pursuant to Rule 144 of the Securities Act of 1933, as amended, which limits the amount of shares that may be sold in any three-month period, as well as other conditions specified under their respective trading plans. As of January 1, 2024, Mr. Biswas and Mr. Bicket collectively beneficially own approximately 218.05 million shares of Samsara common stock, including 217.89 million shares of Class B common stock and 0.16 million shares of Class A common stock, or approximately 40.37% of Samsara shares outstanding as of October 28, 2023. Subject to the terms and conditions of their trading plans and assuming no additional grants of equity awards, Mr. Biswas and Mr. Bicket each intends to sell up to approximately 5.00 million shares held by affiliated family trusts. If Mr. Biswas and Mr. Bicket complete all of the planned sales under their trading plans, they would continue to collectively beneficially own approximately 208.05 million shares, or approximately 38.52% of Samsara shares outstanding as of October 28, 2023 (assuming no other issuances of Samsara's capital stock or equity a

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SAMSARA INC. Date: January 2, 2024 By: /s/ Adam Eltoukhy Adam Eltoukhy Executive Vice President, Chief Legal Officer and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR