Company: IOT
Filing Date: 2025-08-21
Form Type: 8-K
Source: 0001642896-25-000066
Chunk: 0

Company: Samsara Inc.
Filing Date: 2025-08-21
Form: 8-K
Item: Item 5.02
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Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 16, 2025, Samsara Inc. (the “ Company”) appointed Gary Steele to its Board of Directors (the “ Board”), effective September 1, 2025.

Mr. Steele brings deep software, cybersecurity and go-to-market experience gained through leadership and senior executive roles at various technology companies. Mr. Steele currently serves as Chief Executive Officer of Shield AI Inc., a defense technology company. Prior to Shield AI, he served as Chief Executive Officer of Splunk Inc., a data security and observability company acquired by Cisco in 2024, and Proofpoint, Inc., a cybersecurity company acquired by Thoma Bravo in 2021. Mr. Steele currently serves on the Board of Directors of Upwork Inc. Mr. Steele holds a B. S. in Computer Science from Washington State University.

Mr. Steele will be entitled to receive the following cash and equity compensation under the Company’s outside director compensation policy: (1) an annual cash retainer of $47,500 for service on the Board and (2) an initial award of restricted stock units covering a number of shares, with such award having a grant date fair value equal to $500,000. In addition, if Mr. Steele serves as a member or chair of any of the Company’s committees, he will be entitled to receive additional compensation as set out in the Company’s outside director compensation policy.

In accordance with the Company’s customary practice, the Company has entered into its standard form of indemnification agreement with Mr. Steele, the form of which has been filed as Exhibit 10.1 to the Company’s Registration Statement on Form S-1/A (File No. 333-261204), filed with the SEC on December 6, 2021.

Mr. Steele has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended (the “ Exchange Act”).

There are no family relationships, as defined in Item 401 of Regulation S-K promulgated under the Exchange Act, between Mr. Steele and any of the Company’s executive officers or directors or persons nominated or chosen to become a director or executive officer. There are also no arrangements or understandings between Mr. Steele and any other persons pursuant to which Mr. Steele