Samsara insider Sanjit Biswas disposes 1.11M shares under 10b5-1
Rhea-AI Filing Summary
Samsara Inc. (IOT) director and CEO Sanjit Biswas reported multiple sales of Class A common stock executed on 10/07/2025 under Rule 10b5-1 trading plans. Total reported non-derivative dispositions across trusts and accounts aggregate to 1,111,261 shares and several smaller lot sales, with weighted-average prices reported in separate blocks ranging roughly from $37.255 to $40.37. The filings show remaining beneficial ownership held indirectly across the Biswas Family Trust and two trusts administered by Jordan Park Trust Company, with post-transaction beneficial share totals disclosed for each block. The filing is signed by an attorney-in-fact on behalf of the reporting person.
Positive
- Sales executed under Rule 10b5-1 trading plans adopted on 9/30/2024, which offers an affirmative defense
- Full price ranges disclosed with weighted-average prices and an undertaking to provide per-lot details on request
Negative
- Large aggregate dispositions totaling 1,111,261 shares plus multiple block sales that materially reduce reported beneficial holdings
- Multiple trusts sold shares (Biswas Family Trust and two Biswas Trusts via Jordan Park), indicating broad reduction across related accounts
Insights
Major scheduled insider sales executed under 10b5-1 plans, reducing indirect holdings.
The reporting shows 1,111,261 RSUs disposed and multiple direct share sales executed on 10/07/2025 under Rule 10b5-1 plans adopted on 9/30/2024. Sales were effected from the Biswas Family Trust and two trusts administered by Jordan Park Trust Company, indicating pre-planned, systematic dispositions rather than ad hoc transactions.
Dependence is on the documented 10b5-1 plans which provide an affirmative defense to allegations of trading on material nonpublic information. Monitor subsequent Section 16 filings for any additional planned sales or changes in indirect ownership over the next months.
Sales executed across price ranges near $37–$40; aggregate quantity is material to insider holdings.
Reported weighted-average prices and stated price ranges show executions between $37.255 and $40.37. The aggregate reported disposition of 1,111,261 shares plus several block sales reduces indirect beneficial ownership balances listed after each transaction (e.g., holdings of 606,966, 566,121, 554,060, etc.).
These sales could be meaningful to supply/demand near reported price levels if followed by further sales; watch for additional Form 4s or company disclosures in the coming quarter for potential market impact.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 72,986 | $37.7749 | $2.76M |
| Sale | Class A Common Stock | 40,845 | $38.6074 | $1.58M |
| Sale | Class A Common Stock | 12,061 | $39.7109 | $479K |
| Sale | Class A Common Stock | 1,108 | $40.311 | $45K |
| Sale | Class A Common Stock | 3,665 | $39.2115 | $144K |
| Sale | Class A Common Stock | 2,335 | $40.1114 | $94K |
| Sale | Class A Common Stock | 20,375 | $38.3037 | $780K |
| Sale | Class A Common Stock | 4,327 | $39.1863 | $170K |
| Sale | Class A Common Stock | 2,298 | $40.0772 | $92K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 30, 2024 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 $37.255 to $38.24, 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 $38.26 to $39.25, 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 $39.26 to $40.255, 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 $40.26 to $40.37, 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 30, 2024 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 $38.74 to $39.595, 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 $39.78 to $40.38, 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 $37.84 to $38.82, 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 $38.84 to $39.60, 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 $39.84 to $40.37, 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.
