Form 4: Samsara CEO Sanjit Biswas Reports Stock Transactions

Samsara CEO Sanjit Biswas reported a conversion of Class B to Class A common stock and a gift of Class A shares, impacting his indirect beneficial ownership.

Summary

• Sanjit Biswas, CEO, Director, and 10% Owner of Samsara Inc. (IOT), reported changes in his beneficial ownership of company stock.
• On December 12, 2025, 590,909 shares of Class B Common Stock were converted into an equal number of Class A Common Stock.
• Concurrently on December 12, 2025, 590,909 shares of Class A Common Stock were disposed of by gift.
• The gift of 590,909 Class A shares was made from holdings within the Biswas Family Trust, reducing its indirect beneficial ownership of Class A Common Stock to 254,000 shares following the transaction.
• Additional transfers of Class A Common Stock to the Biswas Family Trust occurred: 70,090 shares on December 10, 2025, and 138,958 shares on December 15, 2025.
• Following these transactions, Sanjit Biswas beneficially owns 902,213 shares of Class A Common Stock directly, which includes restricted stock units (RSUs).
• Indirect beneficial ownership of Class A Common Stock includes 254,000 shares held by the Biswas Family Trust, 12,000 shares by The Biswas Trust I, and 54,000 shares by The Biswas Trust II.
• Indirect beneficial ownership of Class B Common Stock totals 93,054,113 shares across various trusts and a spouse's holding, with the largest portion (75,544,394 shares) held by the Biswas Family Trust.

Sentiment

Score: 5

Explanation: Neutral, as this is a mandatory disclosure of insider transactions without explicit positive or negative implications for company performance.

Related Party Transactions

• Transfer of 70,090 shares of Class A Common Stock on December 10, 2025, from the Reporting Person to the Biswas Family Trust, over which the Reporting Person has voting or investment power.
• Transfer of 138,958 shares of Class A Common Stock on December 15, 2025, from the Reporting Person to the Biswas Family Trust, over which the Reporting Person has voting or investment power.
• Shares held by the Biswas Family Trust, over which the Reporting Person has voting or investment power.
• Shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I, over which the Reporting Person has voting or investment power.
• Shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust II, over which the Reporting Person has voting or investment power.
• Shares held by the Reporting Person's spouse.
• Shares held by Sanjit Biswas, Trustee of the Sanjit Biswas 2024 Annuity Trust, over which the Reporting Person has voting or investment power.
• Shares held by HB, Trustee of the HB 2024 Annuity Trust, over which the Reporting Person has voting or investment power.
• Shares held by Sanjit Biswas, Trustee of the Sanjit Biswas 2025 Annuity Trust, over which the Reporting Person has voting or investment power.
• Shares held by HB, Trustee of the HB 2025 Annuity Trust, over which the Reporting Person has voting or investment power.

Key Dates

Keywords

Samsara, IOT, Sanjit Biswas, Form 4, insider transaction, stock conversion, gift, beneficial ownership, Class A Common Stock, Class B Common Stock