Samsara (NYSE: IOT) CEO-linked trusts execute pre-planned share sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Samsara Inc. insider activity centers on trusts associated with CEO Sanjit Biswas. On February 3–4, 2026, these trusts executed multiple open‑market sales of Class A Common Stock under pre‑arranged Rule 10b5‑1 trading plans, at weighted‑average prices in the mid‑$25 range.
Transactions include blocks such as 174,277 shares at $25.1898 and 33,723 shares at $25.2246, among others, all reported as indirect beneficial ownership. Following these sales, Biswas also holds 902,213 restricted stock units (RSUs) directly, each representing one share of Class A Common Stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 263,900 shares ($6,650,966)
Net Sell
6 txns
Insider
Biswas Sanjit
Role
CHIEF EXECUTVE OFFICER
Sold
263,900 shs ($6.65M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 174,277 | $25.1898 | $4.39M |
| Sale | Class A Common Stock | 33,804 | $25.2211 | $853K |
| Sale | Class A Common Stock | 33,723 | $25.2246 | $851K |
| Sale | Class A Common Stock | 10,600 | $25.2503 | $268K |
| Sale | Class A Common Stock | 11,496 | $25.2337 | $290K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,346,000 shares (Indirect, See footnote);
Class A Common Stock — 902,213 shares (Direct)
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 $25.00 to $25.87, 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. Consists of shares held by the Biswas Family Trust. 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 $25.00 to $25.92, 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 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. 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 $25.00 to $25.46, 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. 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 $25.00 to $25.455, 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.
FAQ
What insider transactions did Samsara (IOT) report for Sanjit Biswas?
Samsara reported multiple open-market sales of Class A Common Stock on February 3–4, 2026 by trusts associated with CEO Sanjit Biswas, executed under Rule 10b5‑1 trading plans, at weighted‑average prices in the mid‑$25 range.
Were the Samsara (IOT) insider sales by Sanjit Biswas pre-planned?
Yes. The sales were carried out under Rule 10b5‑1 trading plans adopted on September 29, 2025 for the Biswas Family Trust and for trusts managed by Jordan Park Trust Company, providing a pre‑set framework for selling shares over time.
What Samsara (IOT) equity does Sanjit Biswas still hold after these trades?
After the reported transactions, Sanjit Biswas continues to beneficially own multiple indirect blocks of Class A Common Stock through family trusts and directly holds 902,213 restricted stock units (RSUs), each representing a contingent right to receive one Class A share upon vesting.
How were the Samsara (IOT) insider sale prices reported in the Form 4?
Each transaction’s Form 4 line reports a weighted‑average sale price for aggregated trades. Footnotes state that underlying sales occurred in multiple transactions, with price ranges such as $25.00 to $25.87 and $25.00 to $25.92, and detailed breakdowns are available upon request.