Samsara (IOT) insider Bicket logs 263,900-share sale, conversion and gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Samsara Inc. director and officer John Bicket reported a series of insider transactions involving Class A and Class B shares held through related trusts. Trusts over which he has voting or investment power sold an aggregate 263,900 shares of Class A Common Stock in open-market transactions between March 31, 2026 and April 2, 2026, at prices generally in the low $30s per share, under pre-arranged Rule 10b5-1 trading plans.
On March 31, 2026, 281,250 shares of Class B Common Stock were converted into 281,250 shares of Class A Common Stock and then 281,250 Class A shares were transferred as a bona fide gift. Following these moves, Bicket continues to hold substantial indirect positions in Class B shares that are convertible into Class A Common Stock on a 1:1 basis.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 263,900 shares ($8,333,659)
Net Sell
25 txns
Insider
Bicket John
Role
SEE REMARKS
Sold
263,900 shs ($8.33M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 9,309 | $30.9119 | $288K |
| Sale | Class A Common Stock | 700 | $31.6201 | $22K |
| Sale | Class A Common Stock | 102,731 | $31.7947 | $3.27M |
| Sale | Class A Common Stock | 600 | $32.23 | $19K |
| Sale | Class A Common Stock | 12,955 | $31.8073 | $412K |
| Sale | Class A Common Stock | 200 | $32.23 | $6K |
| Conversion | Class B Common Stock | 281,250 | $0.00 | -- |
| Conversion | Class A Common Stock | 281,250 | $0.00 | -- |
| Gift | Class A Common Stock | 281,250 | $0.00 | -- |
| Sale | Class A Common Stock | 33,944 | $31.0922 | $1.06M |
| Sale | Class A Common Stock | 60,716 | $31.6791 | $1.92M |
| Sale | Class A Common Stock | 10,272 | $31.0496 | $319K |
| Sale | Class A Common Stock | 328 | $31.7182 | $10K |
| Sale | Class A Common Stock | 15,442 | $31.1929 | $482K |
| Sale | Class A Common Stock | 16,703 | $31.717 | $530K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 986,528 shares (Indirect, See footnote);
Class B Common Stock — 63,853,091 shares (Indirect, See footnote);
Class A Common Stock — 200,161 shares (Direct)
Footnotes (1)
- The number of shares held reflects the transfer of (i) 20,070 shares of Class A Common Stock on March 10, 2026 and (ii) 35,758 shares of Class A Common Stock on March 15, 2026 from the Reporting Person to John C. Bicket, Trustee of the John C. Bicket Revocable Trust u/a/d 2/15/2013, over which the Reporting Person has voting or investment power (the "Bicket Revocable Trust"). Consists of shares held by the Bicket Revocable Trust. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 29, 2025 by the Bicket Revocable 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 $30.44 to $31.43, 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 $31.44 to $31.90, 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 $30.48 to $31.46, 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 Bicket-Dobson Trust I u/a/d 11/10/2021, over which the Reporting Person has voting or investment power (the "Bicket-Dobson Trust I"). 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 $31.60 to $31.77, 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 $30.58 to $31.57, 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 Bicket-Dobson Trust II u/a/d 10/8/2021, 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 $31.59 to $31.90, 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 $31.215 to $32.205, 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 $31.22 to $32.10, 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. 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 $30.54 to $31.47, 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 $31.54 to $31.63, 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. The Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a 1:1 basis. The number of shares held reflects the transfer, on March 31, 2026, of 7,500,000 shares of Class B Common Stock from the Bicket Revocable Trust to John C. Bicket, Trustee of The John C. Bicket 2026 Annuity Trust u/a/d 3/31/2026, over which the Reporting Person has voting or investment power (the "JB 2026 Annuity Trust"). The number of shares held reflects the transfer, on March 31, 2026, of 59,375 shares of Class B Common Stock from John C. Bicket and CBD, Co-Trustees of the Bicket-Dobson Revocable Trust u/a/d 12/23/2020, over which the Reporting Person has voting or investment power (the "Bicket-Dobson Trust"), to the Bicket-Dobson Trust I. Consists of shares held by the Bicket-Dobson Trust. Consists of shares held by the Reporting Person's spouse. Consists of shares held by John C. Bicket, Trustee of The John C. Bicket 2024 Annuity Trust u/a/d 4/24/2024, over which the Reporting Person has voting or investment power. Consists of shares held by CBD, Trustee of the CBD 2024 Annuity Trust u/a/d 4/24/2024, over which the Reporting Person has voting or investment power. Consists of shares held by John C. Bicket, Trustee of The John C. Bicket 2025 Annuity Trust u/a/d 3/27/2025, over which the Reporting Person has voting or investment power. Consists of shares held by CBD, Trustee of the CBD 2025 Annuity Trust u/a/d 3/27/2025, over which the Reporting Person has voting or investment power. Consists of shares held by the JB 2026 Annuity Trust.
Key Figures
Shares sold: 263,900 shares
Open-market sale price example: $31.7947 per share
Conversion amount: 281,250 shares
+5 more
8 metrics
Shares sold
263,900 shares
Aggregate Class A sales by trusts over March 31–April 2, 2026
Open-market sale price example
$31.7947 per share
One Class A sale on April 1, 2026
Conversion amount
281,250 shares
Class B converted into Class A on March 31, 2026
Gifted shares
281,250 shares
Class A shares transferred as bona fide gift on March 31, 2026
Indirect Class A holding example
985,828 shares
Class A Common Stock indirectly held after April 2, 2026 sale
Large convertible Class B block
16,297,416 underlying shares
Class B Common Stock indirectly held, convertible 1:1 into Class A
Additional Class B position
7,500,000 underlying shares
Class B Common Stock held by JB 2026 Annuity Trust, convertible 1:1
Direct Class A holding
200,161 shares
Class A Common Stock held directly as of March 31, 2026
Key Terms
Rule 10b5-1 trading plan, bona fide gift, restricted stock units (RSUs), Class B Common Stock, +1 more
5 terms
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.
bona fide gift financial
"transaction_code_description": "Bona fide gift""
restricted stock units (RSUs) financial
"These securities are restricted stock units (RSUs). Each RSU represents a contingent right"
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.
Class B Common Stock financial
"The Class B Common Stock is convertible at any time, at the holder's election"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
voting or investment power financial
"over which the Reporting Person has voting or investment power"
FAQ
What insider transactions did John Bicket report in this Samsara (IOT) Form 4?
John Bicket reported multiple transactions involving Class A and Class B shares. Trusts he controls sold 263,900 Class A shares in open-market trades, converted 281,250 Class B shares into Class A, and transferred 281,250 Class A shares as a bona fide gift.
Does John Bicket still hold significant Samsara (IOT) equity after these transactions?
Yes. Despite the reported sales and the gift, the filing lists large remaining indirect holdings of Class B Common Stock. Footnotes confirm these Class B shares are convertible into Class A Common Stock on a 1:1 basis, indicating a substantial continuing economic interest.