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Samsara: $59.2M Share Sale Proposed for Biswas

The notice names Charles Schwab & Co., Inc. as broker and says shares may be sold over various dates from three Biswas trusts.

(Neutral)

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Form Type
144

Rhea-AI Filing Summary

Samsara Inc. (IOT) is the issuer named in a Form 144 notice reporting a proposed sale, for the account of Sanjit Zubin Biswas, of 1,569,300 common shares with an aggregate market value of $59,217,535. Charles Schwab & Co., Inc. is listed as broker. The notice says the shares may be sold over various dates from the Biswas Family Trust U/A DTD 07/13/2012, the Biswas Trust I U/A/D 11/11/21 and the Biswas Trust II U/A/D 10/14/21. It also lists sales during the prior three months and states that RSUs included in the notice will have acquisition dates between June 15, 2026 and December 15, 2026.

Proposed sale 1,569,300 common shares Securities to be sold
Aggregate market value $59,217,535 Proposed sale
Shares outstanding 380,273,036 shares Listed in the securities information section
Shares sold 35,366 shares Transaction listed for August 20, 2026
Sale amount $1,394,498 Transaction listed for August 20, 2026
Rule 144 regulatory
"paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
RSU's financial
"The RSU's included on this filing"
Restricted Stock Lapse technical
"Restricted Stock Lapse - See Remarks"
Equity Compensation financial
"Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Samsara (IOT) shares does the Form 144 notice cover?

The notice reports a proposed sale of 1,569,300 common shares, with an aggregate market value of $59,217,535, for the account of Sanjit Zubin Biswas.

What sale did Sanjit Zubin Biswas TTEE report for Samsara (IOT) on August 20, 2026?

The listed transaction on August 20, 2026 was a sale of 35,366 shares for $1,394,498.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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