[Form 4] Samsara Inc. Insider Trading Activity
Rhea-AI Filing Summary
Form 4 filing for Samsara Inc. (IOT) discloses that Executive Vice President & CTO John C. Bicket—also a director and >10% holder—sold 170,000 Class A shares on 22-23 Jul 2025 under pre-arranged Rule 10b5-1 plans.
- 22 Jul 2025: 124,048 shares sold in three blocks (91,048; 6,000; 27,000) at a weighted-avg range of $37.87-$37.92.
- 23 Jul 2025: 45,952 shares sold in two blocks (13,056; 32,896) at $38.29-$38.83.
Aggregate proceeds (using weighted averages) approximate $6.5 million. After the transactions, Bicket retains 1,441,299 shares indirectly via the Bicket Revocable Trust, 363,000 shares indirectly through two additional trusts, and 367,642 RSUs that will settle into Class A shares upon vesting.
No derivative activity was reported. Sales were executed through multiple trades; detailed price breakdowns are available on request. The filing may signal personal diversification but leaves the insider with a sizeable ownership position.
Positive
- None.
Negative
- None.
Insights
TL;DR: Large insider sale; modest signal risk.
The CTO liquidated 170 k shares (~$6.5 m), equal to roughly 11% of his indirect holdings. While executed under a 10b5-1 plan—reducing concerns of informational advantage—sales by a C-suite officer who is also a 10% owner often weigh on sentiment, especially after a recent stock rise (now ~$38). He still owns >1.8 m shares (incl. RSUs), so strategic alignment remains. Impact on float is negligible, but investor perception could skew slightly bearish near-term.
TL;DR: Plan-based sale limits governance concern.
Because transactions stem from a pre-set 10b5-1 plan adopted 30 Sep 2024, regulatory and governance risk is low. The officer filed timely and maintains material skin in the game. Nonetheless, cumulative sale size and his board role warrant monitoring for pattern repetition that might erode insider ownership signals.