Samsara CEO shifts 305K shares via conversion, gift
Samsara’s CEO restructured indirect holdings by converting and gifting 305,000 shares on September 14, 2026, without using a Rule 10b5-1 plan.
Rhea-AI Filing Summary
Samsara Inc. (IOT) reported that chief executive officer and director Sanjit Biswas, a more-than-10% owner, completed related equity transfers on September 14, 2026. An entity associated with him converted 305,000 shares of Class B Common Stock into 305,000 shares of Class A Common Stock, and then an indirect holder made a gift transfer of 305,000 Class A shares. All reported activity involved indirect holdings through trusts, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
305,000 shares exercised/converted
Exercise
17 txns
Insider
Biswas Sanjit
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F6, F7, F2 | 305,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1, F2 | 305,000 | $0.00 | $0.00 |
| Gift | Class A Common Stock F2 | 305,000 | $0.00 | $0.00 |
| holding | Class B Common Stock F6, F4 | -- | -- | -- |
| holding | Class B Common Stock F6, F5 | -- | -- | -- |
| holding | Class B Common Stock F6, F8 | -- | -- | -- |
| holding | Class B Common Stock F6, F9, F10 | -- | -- | -- |
| holding | Class B Common Stock F6, F11, F12 | -- | -- | -- |
| holding | Class B Common Stock F6, F13 | -- | -- | -- |
| holding | Class B Common Stock F6, F14 | -- | -- | -- |
| holding | Class B Common Stock F6, F15 | -- | -- | -- |
| holding | Class B Common Stock F6, F16 | -- | -- | -- |
| holding | Class B Common Stock F6, F17 | -- | -- | -- |
| holding | Class B Common Stock F6, F18 | -- | -- | -- |
| holding | Class A Common Stock F1, F3 | -- | -- | -- |
| holding | Class A Common Stock F4 | -- | -- | -- |
| holding | Class A Common Stock F5 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 93,401,208 contracts for 35,394,994 underlying shares (Indirect, See footnote);
Class A Common Stock — 1,339,061 shares (Indirect, See footnote);
Class A Common Stock — 1,436,572 shares (Direct)
Footnotes (18)
- F1. The number of shares held reflects the transfer of 70,090 shares of Class A Common Stock on September 10, 2026 from the Reporting Person to 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").
- F2. Consists of shares held by the Biswas Family Trust.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. The number of shares held reflects the transfer, on September 11, 2026, of (i) 2,940,900 shares of Class B Common Stock from the Biswas Family Trust to Sanjit Biswas, Trustee of the Sanjit Biswas 2026 Annuity Trust II u/a/d 9/11/2026, over which the Reporting Person has voting or investment power (the "SB 2026 Annuity Trust II"), and (ii) 2,940,900 shares of Class B Common Stock from the Biswas Family Trust to HB, Trustee of the HB 2026 Annuity Trust II u/a/d 9/11/2026, over which the Reporting Person has voting or investment power (the "HB 2026 Annuity Trust II").
- F8. Consists of shares held by the Reporting Person's spouse.
- F9. The number of shares held reflects the transfer, on September 11, 2026, of 59,351 shares of Class B Common Stock to the SB 2026 Annuity Trust II.
- F10. Prior to the stock transfer referenced in footnote 9 above, consisted of shares held by Sanjit Biswas, Trustee of the Sanjit Biswas 2024 Annuity Trust u/a/d 3/22/2024, over which the Reporting Person had voting or investment power (the "SB 2024 Annuity Trust").
- F11. The number of shares held reflects the transfer, on September 11, 2026, of 59,351 shares of Class B Common Stock to the HB 2026 Annuity Trust II.
- F12. Prior to the stock transfer referenced in footnote 11 above, consisted of shares held by HB, Trustee of the HB 2024 Annuity Trust u/a/d 3/22/2024, over which the Reporting Person had voting or investment power (the "HB 2024 Annuity Trust").
- F13. Consists of shares held by Sanjit Biswas, Trustee of the Sanjit Biswas 2025 Annuity Trust u/a/d 3/25/2025, over which the Reporting Person has voting or investment power (the "SB 2025 Annuity Trust"), and reflects the transfer, on September 11, 2026, of 249,749 shares of Class B Common Stock to the SB 2026 Annuity Trust II.
- F14. Consists of shares held by HB, Trustee of the HB 2025 Annuity Trust u/a/d 3/25/2025, over which the Reporting Person has voting or investment power (the "HB 2025 Annuity Trust"), and reflects the transfer, on September 11, 2026, of 249,749 shares of Class B Common Stock to the HB 2026 Annuity Trust II.
- F15. Consists of shares held by Sanjit Biswas, Trustee of the Sanjit Biswas 2026 Annuity Trust u/a/d 3/31/2026, over which the Reporting Person has voting or investment power.
- F16. Consists of shares held by HB, Trustee of the HB 2026 Annuity Trust u/a/d 3/31/2026, over which the Reporting Person has voting or investment power.
- F17. Consists of shares held by the SB 2026 Annuity Trust II and includes (i) 2,940,900 shares of Class B Common Stock transferred from the Biswas Family Trust, (ii) 59,351 shares of Class B Common Stock transferred from the SB 2024 Annuity Trust, and (iii) 249,749 shares of Class B Common Stock transferred from the SB 2025 Annuity Trust.
- F18. Consists of shares held by the HB 2026 Annuity Trust II and includes (i) 2,940,900 shares of Class B Common Stock transferred from the Biswas Family Trust, (ii) 59,351 shares of Class B Common Stock transferred from the HB 2024 Annuity Trust, and (iii) 249,749 shares of Class B Common Stock transferred from the HB 2025 Annuity Trust.
Key Figures
Class B to Class A conversion: 305,000 shares
Gifted Class A shares: 305,000 shares
Direct RSU holdings: 1,436,572 RSUs
+4 more
7 metrics
Class B to Class A conversion
305,000 shares
Class B Common Stock converted into Class A Common Stock on September 14, 2026
Gifted Class A shares
305,000 shares
Bona fide gift of Class A Common Stock on September 14, 2026 from an indirect holding
Direct RSU holdings
1,436,572 RSUs
Restricted stock units of Class A Common Stock held directly as of September 14, 2026
Largest indirect Class B position
15,867,416 underlying shares
Class B Common Stock indirectly held, convertible into Class A on a 1:1 basis
Additional indirect Class B block
3,790,813 underlying shares
Another Class B Common Stock position indirectly held, convertible into Class A on a 1:1 basis
Annuity trust transfer block (SB 2026 Annuity Trust II)
2,940,900 shares
Class B shares transferred from the Biswas Family Trust on September 11, 2026
Annuity trust transfer block (HB 2026 Annuity Trust II)
2,940,900 shares
Class B shares transferred from the Biswas Family Trust on September 11, 2026
Key Terms
restricted stock units (RSUs), Class B Common Stock, Class A Common Stock, voting or investment power, +1 more
5 terms
restricted stock units (RSUs) financial
"These securities are restricted stock units (RSUs). Each RSU represents a contingent"
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.
Class A Common Stock financial
"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."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
voting or investment power financial
"over which the Reporting Person has voting or investment power (the "Biswas Family"
Annuity Trust financial
"Sanjit Biswas 2026 Annuity Trust II u/a/d 9/11/2026, over which the Reporting Person"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Samsara Inc. (IOT) report for Sanjit Biswas?
Sanjit Biswas is reported as having an entity associated with him convert 305,000 Class B shares into 305,000 Class A shares on September 14, 2026, followed by a gift transfer of 305,000 Class A shares from an indirect holding.
Did the Samsara (IOT) CEO’s September 14, 2026 transactions involve open-market buying or selling?
No. The filing describes a conversion of 305,000 Class B shares into Class A shares and a gift of 305,000 Class A shares. It does not report any open-market purchases or sales for these transactions, and prices are reported as zero per share.
Were the Samsara (IOT) insider transactions made under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan governs the reported September 14, 2026 transactions, meaning their timing is not described as pursuant to a pre-arranged trading plan under that rule.
What ongoing equity positions linked to Class B stock does the Samsara (IOT) CEO still report?
The derivative holdings section lists multiple Class B positions, each convertible into Class A on a 1:1 basis, including blocks representing 3,790,813, 15,867,416, and several smaller blocks of underlying Class A shares, all reported as indirect holdings.
What direct equity awards does the Samsara (IOT) CEO report after these transactions?
The holdings table shows 1,436,572 restricted stock units (RSUs) of Class A Common Stock held directly as of September 14, 2026. Each RSU represents a contingent right to receive one share, subject to its vesting schedule and conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
