Director Marc Andreessen Sells $39 Million in Samsara Stock
IOT sits 37% above its 52-week low of $23.38.
Summary
Samsara Director Marc Andreessen sold $38.98 million worth of Class A Common Stock, executing a portion of a previously announced intent to sell.
Key Events · Ownership and Investor Activity · IOT
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Director Sells Shares
Marc Andreessen, a Director of Samsara Inc., disposed of 1,142,827 shares of Class A Common Stock.
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Significant Transaction Value
The total value of the shares sold amounted to $38,977,309.15, executed across six transactions.
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Transaction Dates and Price Range
The sales occurred on June 8 and June 9, 2026, with prices ranging from $33.37 to $35.50 per share.
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Follows Prior Intent to Sell
This Form 4 filing represents the execution of a portion of the selling intent previously disclosed in a Form 144 filed by Marc Andreessen on June 8, 2026, for up to $79 million.
Analysis · IOT · Technology
Marc Andreessen, a Director, sold a substantial amount of Samsara stock, totaling nearly $39 million. This transaction represents a significant disposition by an insider and follows a Form 144 filing on June 8, 2026, which indicated an intent to sell up to $79 million. This Form 4 confirms the execution of a portion of that previously announced selling intent, contributing to the overall insider distribution observed in the past 90 days.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 30.5% of the 1973 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.21%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, IOT was trading at $32.07 on NYSE in the Technology sector, with a market capitalization of approximately $19.1B. The 52-week trading range was $23.38 to $47.47. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.