STOCK TITAN

[Form 4] Samsara Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Very Negative)
Form Type
4
Rhea-AI Filing Summary

Samsara (NYSE:IOT) filed a Form 4 detailing insider activity by CEO/10% owner Sanjit Biswas.

  • Sales: 160,000 Class A shares sold on 24-Jun-2025 via two Rule 10b5-1 plans at weighted-average prices of $39.30-$40.09, realizing about $6.3 million.
  • Conversion: 419,064 Class B shares converted to Class A on 25-Jun-2025; no cash exchanged.
  • Holdings after transactions: 1.32 million Class A directly, 1.23 million Class A indirectly, and 76.5 million Class B shares (1:1 convertible).
  • Sales equal <0.25% of Biswas’s total stake but exceed the $1 million materiality threshold.

All trades executed under pre-arranged 10b5-1 plans through multiple family trusts.

Samsara (NYSE:IOT) ha presentato un Modulo 4 che dettaglia l'attività interna del CEO e proprietario del 10% Sanjit Biswas.

  • Vendite: 160.000 azioni di Classe A vendute il 24 giugno 2025 tramite due piani Rule 10b5-1 a prezzi medi ponderati tra $39,30 e $40,09, realizzando circa 6,3 milioni di dollari.
  • Conversione: 419.064 azioni di Classe B convertite in Classe A il 25 giugno 2025; nessun pagamento in contanti è stato effettuato.
  • Detenzioni dopo le transazioni: 1,32 milioni di azioni Classe A direttamente, 1,23 milioni di azioni Classe A indirettamente, e 76,5 milioni di azioni Classe B (convertibili 1:1).
  • Le vendite rappresentano meno dello 0,25% della partecipazione totale di Biswas ma superano la soglia di rilevanza di 1 milione di dollari.

Tutte le operazioni sono state eseguite secondo piani predefiniti 10b5-1 tramite diversi trust familiari.

Samsara (NYSE:IOT) presentó un Formulario 4 detallando la actividad interna del CEO y propietario del 10% Sanjit Biswas.

  • Ventas: 160,000 acciones de Clase A vendidas el 24 de junio de 2025 mediante dos planes Rule 10b5-1 a precios promedio ponderados entre $39.30 y $40.09, obteniendo aproximadamente $6.3 millones.
  • Conversión: 419,064 acciones de Clase B convertidas a Clase A el 25 de junio de 2025; no hubo intercambio de efectivo.
  • Participaciones después de las transacciones: 1.32 millones de acciones Clase A directamente, 1.23 millones de acciones Clase A indirectamente, y 76.5 millones de acciones Clase B (convertibles 1:1).
  • Las ventas representan menos del 0.25% de la participación total de Biswas pero superan el umbral material de $1 millón.

Todas las operaciones se realizaron bajo planes preestablecidos 10b5-1 a través de múltiples fideicomisos familiares.

Samsara (NYSE:IOT)는 CEO이자 10% 지분 보유자인 Sanjit Biswas의 내부자 거래 내역을 담은 Form 4를 제출했습니다.

  • 매도: 2025년 6월 24일 두 개의 Rule 10b5-1 계획을 통해 가중평균 가격 $39.30~$40.09에 16만 주의 Class A 주식을 매도하여 약 630만 달러를 실현했습니다.
  • 전환: 2025년 6월 25일 Class B 주식 419,064주를 Class A로 전환했으며, 현금 거래는 없었습니다.
  • 거래 후 보유: 직접 보유 Class A 132만 주, 간접 보유 Class A 123만 주, 1:1 전환 가능한 Class B 주식 7,650만 주 보유 중입니다.
  • 매도량은 Biswas 총 지분의 0.25% 미만이지만, 100만 달러 이상의 중요 기준을 초과합니다.

모든 거래는 여러 가족 신탁을 통해 사전에 설정된 10b5-1 계획에 따라 실행되었습니다.

Samsara (NYSE:IOT) a déposé un formulaire 4 détaillant l'activité d'initié du PDG et détenteur de 10 % Sanjit Biswas.

  • Ventes : 160 000 actions de classe A vendues le 24 juin 2025 via deux plans Rule 10b5-1 à des prix moyens pondérés de 39,30 $ à 40,09 $, réalisant environ 6,3 millions de dollars.
  • Conversion : 419 064 actions de classe B converties en classe A le 25 juin 2025 ; aucun échange d'argent.
  • Portefeuille après transactions : 1,32 million d’actions de classe A détenues directement, 1,23 million d’actions de classe A détenues indirectement, et 76,5 millions d’actions de classe B (convertibles 1:1).
  • Les ventes représentent moins de 0,25 % de la participation totale de Biswas mais dépassent le seuil de matérialité d’un million de dollars.

Toutes les transactions ont été exécutées dans le cadre de plans 10b5-1 préétablis via plusieurs trusts familiaux.

Samsara (NYSE:IOT) hat ein Formular 4 eingereicht, das Insider-Aktivitäten des CEO und 10%-Eigentümers Sanjit Biswas detailliert.

  • Verkäufe: Am 24. Juni 2025 wurden 160.000 Class A Aktien über zwei Rule 10b5-1 Pläne zu gewichteten Durchschnittspreisen von $39,30 bis $40,09 verkauft, was etwa 6,3 Millionen Dollar einbrachte.
  • Umwandlung: Am 25. Juni 2025 wurden 419.064 Class B Aktien in Class A Aktien umgewandelt; es fand kein Bargeldtransfer statt.
  • Bestände nach den Transaktionen: Direkt 1,32 Millionen Class A Aktien, indirekt 1,23 Millionen Class A Aktien und 76,5 Millionen Class B Aktien (1:1 wandelbar).
  • Die Verkäufe entsprechen weniger als 0,25 % von Biswas’ Gesamtbeteiligung, überschreiten jedoch die Wesentlichkeitsschwelle von 1 Million Dollar.

Alle Transaktionen wurden im Rahmen vorab vereinbarter 10b5-1 Pläne über mehrere Familienstiftungen abgewickelt.

Positive
  • None.
Negative
  • CEO share sale: Disposed of 160,000 Class A shares (~$6.3 M) under 10b5-1 plans, exceeding $1 M materiality threshold and adding near-term supply.

Insights

TL;DR: CEO liquidates $6.3 M yet retains 98% stake—signal is mildly negative.

The Form 4 shows Biswas sold 160 k shares for ~$6.3 M while converting 419 k Class B into Class A. Despite the headline dollar amount, the sale represents only about 0.2 % of his overall economic interest (≈78 M shares). The orderly execution under Rule 10b5-1, coupled with the simultaneous share-class conversion, suggests portfolio diversification rather than a strategic exit. Still, increased public float and insider selling may create short-term supply pressure and is typically read as slightly bearish.

TL;DR: Structural share-class shift; governance impact minimal, market impact modest.

The 419 k Class B-to-A conversion marginally expands the freely-tradable pool without altering control, because Class B carries super-voting rights. By moving these shares into trusts, Biswas preserves voting power while enabling potential liquidity. No board or policy changes accompany this filing, so governance risk is unchanged. Investors should watch cumulative sales pace against future lock-up expirations but treat today’s filing as routine governance housekeeping.

Samsara (NYSE:IOT) ha presentato un Modulo 4 che dettaglia l'attività interna del CEO e proprietario del 10% Sanjit Biswas.

  • Vendite: 160.000 azioni di Classe A vendute il 24 giugno 2025 tramite due piani Rule 10b5-1 a prezzi medi ponderati tra $39,30 e $40,09, realizzando circa 6,3 milioni di dollari.
  • Conversione: 419.064 azioni di Classe B convertite in Classe A il 25 giugno 2025; nessun pagamento in contanti è stato effettuato.
  • Detenzioni dopo le transazioni: 1,32 milioni di azioni Classe A direttamente, 1,23 milioni di azioni Classe A indirettamente, e 76,5 milioni di azioni Classe B (convertibili 1:1).
  • Le vendite rappresentano meno dello 0,25% della partecipazione totale di Biswas ma superano la soglia di rilevanza di 1 milione di dollari.

Tutte le operazioni sono state eseguite secondo piani predefiniti 10b5-1 tramite diversi trust familiari.

Samsara (NYSE:IOT) presentó un Formulario 4 detallando la actividad interna del CEO y propietario del 10% Sanjit Biswas.

  • Ventas: 160,000 acciones de Clase A vendidas el 24 de junio de 2025 mediante dos planes Rule 10b5-1 a precios promedio ponderados entre $39.30 y $40.09, obteniendo aproximadamente $6.3 millones.
  • Conversión: 419,064 acciones de Clase B convertidas a Clase A el 25 de junio de 2025; no hubo intercambio de efectivo.
  • Participaciones después de las transacciones: 1.32 millones de acciones Clase A directamente, 1.23 millones de acciones Clase A indirectamente, y 76.5 millones de acciones Clase B (convertibles 1:1).
  • Las ventas representan menos del 0.25% de la participación total de Biswas pero superan el umbral material de $1 millón.

Todas las operaciones se realizaron bajo planes preestablecidos 10b5-1 a través de múltiples fideicomisos familiares.

Samsara (NYSE:IOT)는 CEO이자 10% 지분 보유자인 Sanjit Biswas의 내부자 거래 내역을 담은 Form 4를 제출했습니다.

  • 매도: 2025년 6월 24일 두 개의 Rule 10b5-1 계획을 통해 가중평균 가격 $39.30~$40.09에 16만 주의 Class A 주식을 매도하여 약 630만 달러를 실현했습니다.
  • 전환: 2025년 6월 25일 Class B 주식 419,064주를 Class A로 전환했으며, 현금 거래는 없었습니다.
  • 거래 후 보유: 직접 보유 Class A 132만 주, 간접 보유 Class A 123만 주, 1:1 전환 가능한 Class B 주식 7,650만 주 보유 중입니다.
  • 매도량은 Biswas 총 지분의 0.25% 미만이지만, 100만 달러 이상의 중요 기준을 초과합니다.

모든 거래는 여러 가족 신탁을 통해 사전에 설정된 10b5-1 계획에 따라 실행되었습니다.

Samsara (NYSE:IOT) a déposé un formulaire 4 détaillant l'activité d'initié du PDG et détenteur de 10 % Sanjit Biswas.

  • Ventes : 160 000 actions de classe A vendues le 24 juin 2025 via deux plans Rule 10b5-1 à des prix moyens pondérés de 39,30 $ à 40,09 $, réalisant environ 6,3 millions de dollars.
  • Conversion : 419 064 actions de classe B converties en classe A le 25 juin 2025 ; aucun échange d'argent.
  • Portefeuille après transactions : 1,32 million d’actions de classe A détenues directement, 1,23 million d’actions de classe A détenues indirectement, et 76,5 millions d’actions de classe B (convertibles 1:1).
  • Les ventes représentent moins de 0,25 % de la participation totale de Biswas mais dépassent le seuil de matérialité d’un million de dollars.

Toutes les transactions ont été exécutées dans le cadre de plans 10b5-1 préétablis via plusieurs trusts familiaux.

Samsara (NYSE:IOT) hat ein Formular 4 eingereicht, das Insider-Aktivitäten des CEO und 10%-Eigentümers Sanjit Biswas detailliert.

  • Verkäufe: Am 24. Juni 2025 wurden 160.000 Class A Aktien über zwei Rule 10b5-1 Pläne zu gewichteten Durchschnittspreisen von $39,30 bis $40,09 verkauft, was etwa 6,3 Millionen Dollar einbrachte.
  • Umwandlung: Am 25. Juni 2025 wurden 419.064 Class B Aktien in Class A Aktien umgewandelt; es fand kein Bargeldtransfer statt.
  • Bestände nach den Transaktionen: Direkt 1,32 Millionen Class A Aktien, indirekt 1,23 Millionen Class A Aktien und 76,5 Millionen Class B Aktien (1:1 wandelbar).
  • Die Verkäufe entsprechen weniger als 0,25 % von Biswas’ Gesamtbeteiligung, überschreiten jedoch die Wesentlichkeitsschwelle von 1 Million Dollar.

Alle Transaktionen wurden im Rahmen vorab vereinbarter 10b5-1 Pläne über mehrere Familienstiftungen abgewickelt.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Biswas Sanjit

(Last) (First) (Middle)
C/O SAMSARA INC.
1 DE HARO STREET

(Street)
SAN FRANCISCO CA 94107

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Samsara Inc. [ IOT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
CHIEF EXECUTVE OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 06/24/2025 S(1) 123,131 D $39.6095(2) 817,707(3) I See footnote(4)
Class A Common Stock 06/24/2025 S(1) 3,869 D $40.0564(5) 813,838 I See footnote(4)
Class A Common Stock 06/24/2025 S(6) 6,000 D $39.2961(7) 78,000 I See footnote(8)
Class A Common Stock 06/24/2025 S(6) 27,000 D $39.4521(9) 351,000 I See footnote(10)
Class A Common Stock 06/25/2025 C 419,064 A $0 1,232,902 I See footnote(4)
Class A Common Stock 1,320,311(3)(11) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock $0 06/25/2025 C 419,064 (12) (12) Class A Common Stock 419,064 $0 76,513,587 I See footnote(4)
Class B Common Stock $0 (12) (12) Class A Common Stock 3,931,438 3,931,438 I See footnote(8)
Class B Common Stock $0 (12) (12) Class A Common Stock 16,727,416 16,727,416 I See footnote(10)
Class B Common Stock $0 (12) (12) Class A Common Stock 1,286,597 1,286,597 I See footnote(13)
Class B Common Stock $0 (12) (12) Class A Common Stock 126,709 126,709 I See footnote(14)
Class B Common Stock $0 (12) (12) Class A Common Stock 126,709 126,709 I See footnote(15)
Class B Common Stock $0 (12) (12) Class A Common Stock 474,833 474,833 I See footnote(16)
Class B Common Stock $0 (12) (12) Class A Common Stock 474,833 474,833 I See footnote(17)
Explanation of Responses:
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").
2. 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 $39.04 to $40.035, 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.
3. The number of shares held reflects the transfer of 209,049 shares of Class A Common Stock from the Reporting Person to the Biswas Family Trust.
4. Consists of shares held by the Biswas Family Trust.
5. 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 $40.04 to $40.085, 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.
6. 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.
7. 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 $39.06 to $39.80, 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.
8. 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.
9. 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 $39.04 to $39.96, 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.
10. 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.
11. 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.
12. 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.
13. Consists of shares held by the Reporting Person's spouse.
14. Consists 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 has voting or investment power.
15. Consists of shares held by HB, Trustee of the HB 2024 Annuity Trust u/a/d 3/22/2024, over which the Reporting Person has voting or investment power.
16. 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.
17. 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.
/s/ Adam Eltoukhy, attorney-in-fact on behalf of Sanjit Biswas 06/26/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Samsara (IOT) shares did CEO Sanjit Biswas sell on 24-Jun-2025?

He sold 160,000 Class A shares at weighted-average prices of $39.30-$40.09, totaling roughly $6.3 million.

What was the price range for the IOT insider sales on 24-Jun-2025?

Transactions occurred between $39.04 and $40.085 per share, per weighted-average disclosures.

How many shares were converted from Class B to Class A in the latest Samsara Form 4?

Biswas converted 419,064 Class B shares into an equal number of Class A shares on 25-Jun-2025.

What is Sanjit Biswas’s remaining beneficial ownership in Samsara after these transactions?

Post-transaction, he controls 1.32 M Class A directly, 1.23 M Class A indirectly, and 76.5 M Class B shares.
Samsara Inc

NYSE:IOT

IOT Rankings

IOT Latest News

IOT Latest SEC Filings

IOT Stock Data

22.34B
286.59M
3.62%
90.82%
1.86%
Software - Infrastructure
Services-computer Integrated Systems Design
Link
United States
SAN FRANCISCO