Sanjit Biswas (IOT) sells 263,900 shares near $40 over three days
Rhea-AI Filing Summary
Samsara Inc. (IOT) reported that Chief Executive Officer Sanjit Biswas, a director and more than ten percent owner, had entities associated with him sell an aggregate of 263,900 shares of Class A Common Stock in multiple open-market transactions from August 18–20, 2026. The sales were executed indirectly through the Biswas Family Trust and two Biswas trusts over which he has voting or investment power, pursuant to Rule 10b5-1 trading plans adopted on September 29, 2025. Following these transactions, Biswas also reported 1,506,662 restricted stock units, each representing a contingent right to receive one share of Class A Common Stock.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 263,900 shares
Net Sell
13 txns
Insider
Biswas Sanjit
Role
CHIEF EXECUTIVE OFFICER
Sold
263,900 shs ($10.53M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F16, F3 | 35,266 | $39.4286 | $1.39M |
| Sale | Class A Common Stock F1, F3 | 100 | $40.08 | $4K |
| Sale | Class A Common Stock F1, F12, F3 | 49,625 | $39.6059 | $1.97M |
| Sale | Class A Common Stock F1, F13, F3 | 27,061 | $40.3804 | $1.09M |
| Sale | Class A Common Stock F5, F14, F10 | 15,752 | $40.1799 | $633K |
| Sale | Class A Common Stock F5, F15, F10 | 641 | $40.6608 | $26K |
| Sale | Class A Common Stock F1, F2, F3 | 85,002 | $39.9108 | $3.39M |
| Sale | Class A Common Stock F1, F4, F3 | 10,946 | $40.4421 | $443K |
| Sale | Class A Common Stock F5, F6, F7 | 9,700 | $40.0703 | $389K |
| Sale | Class A Common Stock F5, F8, F7 | 900 | $40.6047 | $37K |
| Sale | Class A Common Stock F5, F9, F10 | 25,706 | $39.9288 | $1.03M |
| Sale | Class A Common Stock F5, F11, F10 | 3,201 | $40.4487 | $129K |
| holding | Class A Common Stock F17 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 935,671 shares (Indirect, See footnote);
Class A Common Stock — 1,506,662 shares (Direct)
Footnotes (17)
- F1. 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").
- F2. 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 $39.29 to $40.285, 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.
- F3. Consists of shares held by the Biswas Family Trust.
- F4. 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 $40.29 to $40.745, 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.
- F5. 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.
- F6. 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 $39.485 to $40.48, 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.
- F7. 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.
- F8. 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 $40.5075 to $40.76, 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.
- F9. 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 $39.30 to $40.29, 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.
- F10. 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.
- F11. 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 $40.30 to $40.72, 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.
- F12. 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 $39.16 to $40.155, 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.
- F13. 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 $40.16 to $40.66, 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.
- F14. 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 $39.61 to $40.59, 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.
- F15. 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 $40.61 to $40.71, 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.
- F16. 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 $39.05 to $40.00, 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.
- F17. 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.
Key Figures
Total shares sold: 263,900 shares of Class A Common Stock
Transaction price example: $39.9108 per share
Transaction price example: $39.6059 per share
+3 more
6 metrics
Total shares sold
263,900 shares of Class A Common Stock
Aggregate insider sales by entities associated with Sanjit Biswas from August 18–20, 2026
Transaction price example
$39.9108 per share
Weighted-average sale price for an 85,002-share transaction on August 18, 2026
Transaction price example
$39.6059 per share
Weighted-average sale price for a 49,625-share transaction on August 19, 2026
Transaction price example
$40.3804 per share
Weighted-average sale price for a 27,061-share transaction on August 19, 2026
RSUs reported
1,506,662 restricted stock units
Direct holdings reported as RSUs, each representing one share of Class A Common Stock
Rule 10b5-1 plan adoption date
September 29, 2025
Adoption date of trading plans referenced for the reported sales
Key Terms
Rule 10b5-1 trading plan, restricted stock units (RSUs), weighted-average price, voting or investment power
4 terms
Rule 10b5-1 trading plan regulatory
"The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 29, 2025"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units (RSUs) financial
"These securities are restricted stock units (RSUs). Each RSU represents a contingent right"
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.
weighted-average price financial
"The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price"
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
voting or investment power financial
"over which the Reporting Person has voting or investment power"
FAQ
What insider transactions did IOT (Samsara Inc.) disclose for Sanjit Biswas?
Sanjit Biswas reported indirect open-market sales of 263,900 shares of Samsara Inc. Class A Common Stock on August 18–20, 2026. The transactions were carried out by related trusts over which he has voting or investment power.
Were the Samsara Inc. (IOT) insider sales under a Rule 10b5-1 trading plan?
Yes. Footnotes state that the sales were effected pursuant to Rule 10b5-1 trading plans adopted on September 29, 2025 for the Biswas Family Trust and for trusts administered by Jordan Park Trust Company LLC.
What ongoing equity holdings did Sanjit Biswas report in Samsara Inc. (IOT)?
He reported 1,506,662 restricted stock units (RSUs), each representing a contingent right to receive one share of Samsara Inc. Class A Common Stock, subject to applicable vesting schedules and conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.