Samsara Inc. Files 8-K

Ticker: IOT · Form: 8-K · Filed: Jan 3, 2025 · CIK: 1642896

Samsara INC. 8-K Filing Summary
FieldDetail
CompanySamsara INC. (IOT)
Form Type8-K
Filed DateJan 3, 2025
Risk Levellow
Pages2
Reading Time3 min
Key Dollar Amounts$0.0001
Sentimentneutral

Sentiment: neutral

Topics: sec-filing, 8-k

TL;DR

Samsara filed an 8-K, standard SEC update, check for material news.

AI Summary

Samsara Inc. filed an 8-K on January 3, 2025, reporting an event under 'Other Events'. The filing details are standard for a current report, including company information, address, and phone number. No specific material event is detailed in the provided text snippet.

Why It Matters

This filing indicates Samsara Inc. is providing an update to the SEC, which could contain material information for investors.

Risk Assessment

Risk Level: low — The provided text is a standard SEC filing header and does not contain specific material events or financial data that would indicate a high risk.

Key Numbers

Key Players & Entities

FAQ

What specific event is Samsara Inc. reporting under 'Other Events' in this 8-K filing?

The provided text is a header and does not specify the 'Other Events' being reported.

When was this 8-K filing submitted to the SEC?

The filing was submitted on January 3, 2025.

What is Samsara Inc.'s principal executive office address?

Samsara Inc.'s principal executive office is located at 1 De Haro Street, San Francisco, California 94107.

What is the SEC file number for Samsara Inc.?

Samsara Inc.'s SEC file number is 001-41140.

What is the former name of Samsara Inc.?

The former name of Samsara Inc. was Samsara Networks Inc.

Filing Stats: 742 words · 3 min read · ~2 pages · Grade level 11.1 · Accepted 2025-01-03 16:10:36

Key Financial Figures

Filing Documents

01 Other Events

Item 8.01 Other Events . On January 3, 2025, 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 30, 2024 and disclosed in Samsara's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (the "SEC") on December 10, 2024, Mr. Biswas and Mr. Bicket will spread their planned stock sales out from January 2, 2025 through December 31, 2025 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, 2025, Mr. Biswas and Mr. Bicket collectively beneficially owned approximately 207.50 million shares of Samsara common stock, including 202.30 million shares of Class B common stock and 5.20 million shares of Class A common stock, or approximately 36.97% of Samsara shares outstanding as of November 2, 2024. 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 197.50 million shares, or approximately 35.19% of Samsara shares outstanding as of November 2, 2024 (assuming no other issuances of Samsara's capital stock or equit

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 3, 2025 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

View on Read The Filing