Summary by Futu AI
Samsara Inc. officer, director, and 10% stockholder, Biswas Sanjit, is set to sell 1,344,000 common shares of the company on 06/20/2024, with an aggregate market value of approximately $39,605,932. The shares to be sold were acquired through a series of transactions dating back to December 1, 2016, with the most recent acquisition on June 15, 2024, as restricted stock lapses, part of equity compensation. The planned sale follows a history of transactions over the past three months, where a total of 1,163,863 shares were sold for gross proceeds of $41,313,976. The notice for the upcoming sale was filed on the same date as the planned sale, with the sale plan adopted on September 29, 2023.