Samsara (IOT) CEO’s 263,900-share sale via family trusts under 10b5-1
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Samsara Inc.’s CEO and director Sanjit Biswas reported open‑market sales of a total of 263,900 shares of Class A Common Stock over May 26–28, 2026, all through entities classified as indirect holdings.
The sales were executed at weighted‑average prices around $29.7–$31.6 per share, under Rule 10b5‑1 trading plans adopted on September 29, 2025 for the Biswas Family Trust and related Biswas trusts, over which he has voting or investment power. Following these transactions, he continues to hold 1,656,825 Class A shares directly as of May 26, 2026, in addition to remaining indirect trust holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 263,900 shares ($8,073,250)
Net Sell
13 txns
Insider
Biswas Sanjit
Role
CHIEF EXECUTVE OFFICER
Sold
263,900 shs ($8.07M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 4,415 | $30.2921 | $134K |
| Sale | Class A Common Stock | 26,666 | $31.3635 | $836K |
| Sale | Class A Common Stock | 76,510 | $29.7203 | $2.27M |
| Sale | Class A Common Stock | 30,190 | $30.6252 | $925K |
| Sale | Class A Common Stock | 17,481 | $30.1433 | $527K |
| Sale | Class A Common Stock | 3,978 | $30.8764 | $123K |
| Sale | Class A Common Stock | 10,611 | $30.3975 | $323K |
| Sale | Class A Common Stock | 59,608 | $31.243 | $1.86M |
| Sale | Class A Common Stock | 3,676 | $30.4154 | $112K |
| Sale | Class A Common Stock | 6,924 | $31.245 | $216K |
| Sale | Class A Common Stock | 3,606 | $30.4324 | $110K |
| Sale | Class A Common Stock | 20,235 | $31.2413 | $632K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 333,722 shares (Indirect, See footnote);
Class A Common Stock — 1,656,825 shares (Direct, null)
Footnotes (1)
- 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 $29.95 to $30.92, 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 $30.98 to $31.55, 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 $29.99 to $30.98, 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 $31.03 to $31.53, 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 $29.96 to $30.83, 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 $30.98 to $31.49, 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 $29.255 to $30.25, 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 $30.27 to $31.08, 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. 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 $29.72 to $30.71, 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. 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 $30.72 to $31.02, 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 $29.89 to $30.87, 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 $31.03 to $31.73, 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. These securities are restricted stock units (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.
Key Figures
Shares sold: 263,900 shares
Direct holdings after trades: 1,656,825 shares
Example sale price: $31.3635 per share
+2 more
5 metrics
Shares sold
263,900 shares
Total Class A shares sold May 26–28, 2026
Direct holdings after trades
1,656,825 shares
Direct Class A shares held as of May 26, 2026
Example sale price
$31.3635 per share
One reported weighted-average sale price on May 28, 2026
Example sale price
$29.7203 per share
One reported weighted-average sale price on May 27, 2026
10b5-1 plan adoption date
September 29, 2025
Adoption date for Rule 10b5-1 trading plans referenced in footnotes
Key Terms
Rule 10b5-1 trading plan, weighted-average price, restricted stock units (RSUs), contingent right, +1 more
5 terms
Rule 10b5-1 trading plan financial
"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"
restricted stock units (RSUs) financial
"These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of Class A Common Stock"
indirect ownership financial
"Consists of shares held by the Biswas Family Trust ... over which the Reporting Person has voting or investment power"
FAQ
What insider transaction did Samsara Inc. (IOT) report for CEO Sanjit Biswas?
Samsara CEO Sanjit Biswas reported selling 263,900 shares of Class A Common Stock. The transactions occurred over May 26–28, 2026 and were executed as open‑market sales through family trusts classified as indirect holdings.
At what prices were the Samsara (IOT) insider sales by Sanjit Biswas executed?
The reported sales used weighted‑average prices generally around $29.7–$31.6 per share. Footnotes note multiple trades within ranges such as $29.95–$30.92, $29.99–$30.98 and up to $31.73, reflecting numerous small executions aggregated in the Form 4.
Were the Samsara (IOT) insider stock sales by Sanjit Biswas pre‑planned?
Yes. Footnotes state the sales were effected under Rule 10b5‑1 trading plans adopted on September 29, 2025. These plans allow pre‑scheduled trades, meaning the timing of the reported May 2026 sales was set in advance rather than decided opportunistically.
Were the Samsara (IOT) insider sales made from personal or trust accounts?
The reported sales came from indirect holdings in the Biswas Family Trust and Biswas Trust I and II. Footnotes clarify these trusts, administered by designated trustees, hold the shares, while Sanjit Biswas has voting or investment power over the trust positions.
Did the Samsara (IOT) Form 4 include any derivative exercises or RSUs for Sanjit Biswas?
No derivative exercises are listed; derivativeSummary is empty and exerciseCount is zero. A footnote separately describes restricted stock units (RSUs) as rights to receive Class A shares upon vesting, but the visible transactions involve only sales of already‑held common stock.