Samsara (NYSE: IOT) CEO reports trust share sales and large RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Samsara Inc. chief executive Sanjit Biswas reported a mix of stock sales and equity awards. Entities associated with him, including the Biswas Family Trust and other Biswas trusts, sold a combined 263,900 shares of Class A Common Stock in open-market transactions on May 12–13, 2026 at weighted-average prices generally between $26.80 and $29.29, under Rule 10b5-1 trading plans.
Separately, Biswas received compensation-related grants of 646,153 and 317,515 restricted stock units, each RSU representing one share of Class A Common Stock, with vesting beginning on June 15, 2026 and continuing quarterly, subject to continued service. Following these awards, he directly holds 1,656,825 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 263,900 shares ($7,436,695)
Net Sell
11 txns
Insider
Biswas Sanjit
Role
CHIEF EXECUTVE OFFICER
Sold
263,900 shs ($7.44M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 89,107 | $27.4823 | $2.45M |
| Sale | Class A Common Stock | 1,170 | $27.8274 | $33K |
| Sale | Class A Common Stock | 5,351 | $27.1726 | $145K |
| Grant/Award | Class A Common Stock | 317,515 | $0.00 | -- |
| Sale | Class A Common Stock | 116,723 | $28.569 | $3.33M |
| Sale | Class A Common Stock | 1,000 | $29.1695 | $29K |
| Sale | Class A Common Stock | 10,500 | $28.7213 | $302K |
| Sale | Class A Common Stock | 100 | $29.29 | $3K |
| Sale | Class A Common Stock | 39,649 | $28.57 | $1.13M |
| Sale | Class A Common Stock | 300 | $29.2267 | $9K |
| Grant/Award | Class A Common Stock | 646,153 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 516,226 shares (Indirect, See footnote);
Class A Common Stock — 1,656,825 shares (Direct, null)
Footnotes (1)
- These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock. One-sixteenth of the RSUs shall vest on June 15, 2026 and each quarterly vesting date thereafter, subject to the Reporting Person continuing as a service provider through each such date. These securities are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU. The number of shares beneficially owned is as of May 11, 2026. These securities RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock. One-eighth of the RSUs shall vest on June 15, 2026 and each quarterly vesting date thereafter, subject to the Reporting Person continuing as a service provider through each such date. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 29, 2025 by SB and HB, Co-Trustees of the Biswas Family Trust u/a/d 7/13/2012, over which the Reporting Person has voting or investment power (the "Biswas Family Trust"). The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $28.09 to $29.08, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. Consists of shares held by the Biswas Family Trust. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $29.09 to $29.29, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 29, 2025 by Jordan Park Trust Company LLC, Trustee, by Courtney J. Maloney as Trust Officer. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $28.24 to $29.10, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I u/a/d 11/11/2021, over which the Reporting Person has voting or investment power. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $28.095 to $29.08, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust II u/a/d 10/14/2021, over which the Reporting Person has voting or investment power. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $29.10 to $29.29, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $26.81 to $27.805, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $27.81 to $27.86, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $26.80 to $27.71, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
Key Figures
Shares sold by associated trusts: 263,900 shares
RSU grant 1: 646,153 RSUs
RSU grant 2: 317,515 RSUs
+3 more
6 metrics
Shares sold by associated trusts
263,900 shares
Open-market sales on May 12–13, 2026
RSU grant 1
646,153 RSUs
Class A Common Stock award on April 2, 2026
RSU grant 2
317,515 RSUs
Class A Common Stock award on May 12, 2026
Direct holdings after RSU grants
1,656,825 shares
Class A Common Stock following May 12, 2026 grant
Sale price range example
$28.09–$29.08
One disclosed weighted-average price range for sales
Individual sale block
116,723 shares at $28.569
Indirect sale on May 12, 2026
Key Terms
restricted stock units (RSUs), Rule 10b5-1 trading plan, weighted-average price, Class A Common Stock, +1 more
5 terms
restricted stock units (RSUs) financial
"These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Rule 10b5-1 trading plan regulatory
"The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 29, 2025..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted-average price financial
"The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold."
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
beneficially owned financial
"The number of shares beneficially owned is as of May 11, 2026."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transactions did Samsara (IOT) CEO Sanjit Biswas report?
Sanjit Biswas reported open-market sales and equity awards. Trusts associated with him sold 263,900 Class A shares, while he received two large restricted stock unit grants that increased his direct holdings to 1,656,825 shares of Class A Common Stock.
What equity awards did Samsara (IOT) grant to CEO Sanjit Biswas?
Sanjit Biswas received two grants of restricted stock units: 646,153 RSUs and 317,515 RSUs. Each RSU represents one share of Class A Common Stock and vests quarterly starting June 15, 2026, subject to his continued service with the company.
Were Samsara (IOT) CEO stock sales made under a Rule 10b5-1 plan?
Yes. The footnotes state that the reported sales were effected pursuant to Rule 10b5-1 trading plans adopted in September 2025 for the Biswas Family Trust and Biswas Trusts I and II, indicating the transactions were pre-arranged rather than opportunistic market timing.
How do the RSU vesting terms work for Samsara (IOT) CEO grants?
The RSUs each convert into one Class A share upon vesting. One-eighth or one-sixteenth of the units, depending on the specific grant, vest on June 15, 2026, with additional portions vesting on each quarterly vesting date, contingent on continued service.