AH Parallel Fund IV, L.P.

10% owner AH Parallel Fund IV liquidates entire 793.3K share position for $30.6M across 9 sales on 2025-09-09

AH Parallel Fund IV, a 10% stakeholder in Samsara, executed a complete exit of its entire 793,331 share position through 9 separate sales totaling $30,582,002.88 on 2025-09-09, with a blended average price of $38.55. This represents a 100% liquidation of the fund's holdings in a single trading day, with transactions priced between $37.90 and $39.70, near the current price of $38.75 and well below the 52-week high of $60.96. The company remains unprofitable with net income of $-16,800,000.00 over its most recent full fiscal year, though it posted revenue growth of +33.3% year-over-year. The timing of this liquidation follows a string of five prior sales by this insider at IOT on 2025-06-10, where the subsequent 90-day returns showed mixed results (2 of 5 well-timed by the sell-timing metric). The magnitude and completeness of this exit—a 10% owner divesting entirely rather than maintaining a strategic stake—is the notable signal for investors.

AH Parallel Fund IV sold 399,026 shares of Samsara Inc. (IOT) for $16,491,120.00 on 2025-06-10, converting derivative position.

AH Parallel Fund IV, a 10% owner, executed 10 separate sales totaling 399,026 shares for $16,491,120.00 at prices ranging from $40.05 to $41.65 on 2025-06-10, with a blended average price of $41.33. This filing reflects a conversion of derivative securities rather than a full position exit; the insider's actual shareholding may remain in unconverted form elsewhere in the derivative table. The timing context is mixed: at IOT specifically, prior sells by this filer on 2025-03-10 subsequently rose 30%+ over 90 days (poorly timed), while a 2024-12-10 sale declined 29.1% over 90 days (well-timed). The company is unprofitable ($-22.1M net income in the latest quarter) despite strong revenue growth of +33.3% year-over-year, and the stock is down 30.5% from its 52-week high of $60.96. The magnitude of this transaction ($16.5M) and the current valuation backdrop merit monitoring for investor implications.

AH Parallel Fund IV (10% owner) sells 292,931 shares at $34.19 avg; prior IOT trades all well-timed, stock down 30.9% in 30 days

AH Parallel Fund IV executed 4 separate sales totaling 292,931 shares for $10,014,473.78 on 2025-03-10, divesting its entire observable Table I position at a blended average price of $34.19. This 10% institutional stakeholder's exit occurs as the stock trades at $38.02 (current), down 30.9% over the trailing 30 days and 37.6% below its 52-week high of $60.96. Notably, the fund's prior 5 trades at Samsara all generated negative 90-day returns (ranging from -25.0% to -29.1%), with a 100% well-timed sell rate at the 90-day mark—a pattern suggesting consistent disciplined execution of prior exits. The company is unprofitable (net income $-37,806,000.00 on revenue of $321,981,000.00 in the latest quarter), though annual revenue growth stands at +43.6% year-over-year. The Form 4 flag notes this involves a derivative-conversion transaction; the fund's complete economic position resides in Table II derivative securities not yet populated in the database, so this trade should not be characterized as a full liquidation but rather a conversion and sale of a specific batch of shares.

AH Parallel Fund IV sold 112,380 shares of IOT for $5,160,514.77; fund retains 20,691 shares post-transaction.

AH Parallel Fund IV, a 10% owner, executed 8 separate sales totaling 112,380 shares for $5,160,514.77 at a blended average price of $45.92 on 2024-12-10. This represents a reduction of 84.5% versus pre-transaction holdings, though the filing involves a derivative-conversion transaction; the fund's derivative holdings (Table II) are not yet populated in our database, so the true post-conversion position may differ from the reported 20,691 shares in Table I. The sales occurred as the stock trades 17.7% below its 52-week high and down 11.6% over the trailing 30 days, near the lower end of the stock's recent range. Samsara remains unprofitable with negative $37.8M net income on $322.0M quarterly revenue, though the company has achieved 43.6% annual revenue growth. At the same-ticker level, 2 of the fund's prior 5 sales at IOT were well-timed at the 90-day mark, offering limited historical signal on the accuracy of this latest transaction.

AH Parallel Fund IV sold 330,538 shares for $14,895,073.26 at blended average $45.06; post-transaction holdings reflect derivative conversion.

AH Parallel Fund IV, a 10% owner of Samsara Inc., executed 11 separate sales totaling 330,538 shares for $14,895,073.26 on 2024-09-11, with prices ranging from $42.75 to $45.94. The transaction reflects a conversion of derivative securities; the insider's full position remains in unreconciled derivative holdings (Table II), so the zero shares_after in Table I does not represent a complete liquidation. The blended average sale price of $45.06 is 2.7% below the current market price of $46.27, and the stock has appreciated 16.2% over the trailing 30 days and 64.8% over 90 days. Notably, at this ticker, the insider's five prior sales have yielded positive 90-day forward returns (ranging from 4.0% to 59.6%), indicating consistently poorly-timed exit points relative to subsequent appreciation. The company remains unprofitable with net income of $-49,610,000.00 despite strong revenue growth of 43.6% annually, creating tension between growth narrative and near-term profitability challenges.