Summary by Futu AI
On March 26, 2024, Samsara Inc., a company incorporated in Delaware and listed on the United States Securities and Exchange Commission (SEC), filed a Form S-8 registration statement. This filing is intended to register additional shares for the company's 2021 Equity Incentive Plan and 2021 Employee Stock Purchase Plan. Specifically, Samsara is registering 27,298,676 additional shares of its Class A common stock under the 2021 Equity Incentive Plan and 5,459,735 additional shares under the 2021 Employee Stock Purchase Plan. These shares are to be available for issuance following an automatic increase that occurred on February 4, 2024. The registration aligns with the company's previous filings and is part of the routine process to ensure compliance with SEC regulations and to provide equity incentives to employees. The Form S-8 document also references the incorporation of documents by reference, including the company's Annual Report on Form 10-K for the fiscal year ended February 3, 2024, and other reports filed since the end of the fiscal year covered by the Annual Report.