Samsara (IOT) CTO John C. Bicket discloses Class B to Class A conversions
Rhea-AI Filing Summary
Samsara Inc. executive and 10% owner John C. Bicket reported trust-related share conversions and sales of Class A Common Stock. On January 6, 2026, entities associated with him converted 1,970,000, 100,000 and 430,000 shares of Class B Common Stock into the same number of Class A shares at an exercise price of $0, consistent with the stated 1:1 conversion feature.
Following these conversions, related trusts sold Class A shares in multiple transactions, including 106,135 shares at a weighted-average price of $34.0575 and 101,865 shares at $34.895, under Rule 10b5‑1 trading plans adopted in 2025. After the reported sales, one trust held 1,763,865 Class A shares across two lines, and other related accounts continued to hold additional Class A and Class B shares, as well as 255,989 restricted stock units that can each settle into one Class A share.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 1,970,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 100,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 430,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 1,970,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 100,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 430,000 | $0.00 | -- |
| Sale | Class A Common Stock | 106,135 | $34.0575 | $3.61M |
| Sale | Class A Common Stock | 101,865 | $34.895 | $3.55M |
| Sale | Class A Common Stock | 10,600 | $33.9939 | $360K |
| Sale | Class A Common Stock | 35,329 | $34.0551 | $1.20M |
| Sale | Class A Common Stock | 9,971 | $34.7697 | $347K |
| 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 | -- | -- | -- |
Footnotes (1)
- Consists of shares held by 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 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. 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 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 $33.64 to $34.63, 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. Consists of shares held 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 $34.64 to $35.14, 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 $33.64 to $34.33, 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 $34.64 to $34.95, 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. Consists of shares held by John C. Bicket and CBD, Co-Trustees of the Bicket-Dobson Revocable Trust u/a/d 12/23/20, over which the Reporting Person has voting or investment power. 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.
FAQ
What insider activity did Samsara (IOT) report for John C. Bicket on January 6, 2026?
The report shows that entities associated with John C. Bicket, a director, Executive Vice President and Chief Technology Officer, and 10% owner of Samsara Inc., converted Class B Common Stock into Class A Common Stock and sold portions of the resulting Class A shares on January 6, 2026.
Were the Samsara insider sales by John C. Bicket pre-planned under Rule 10b5-1?
Yes. Footnotes state that certain sales were effected pursuant to Rule 10b5‑1 trading plans, including a plan adopted on September 29, 2025 by the Bicket Revocable Trust and a separate plan adopted on the same date by Jordan Park Trust Company LLC acting as trustee.
What restricted stock units (RSUs) for Samsara does John C. Bicket hold according to this Form 4?
Table I lists 255,989 securities described in the footnotes as 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.