Form 4: Samsara CEO Sells Shares Under Pre-Arranged Plan

Sanjit Biswas, CEO of Samsara Inc., reported sales of Class A Common Stock totaling 169,990 shares across multiple transactions in mid-November 2025, executed under a Rule 10b5-1 trading plan.

Summary

• Sanjit Biswas, the Chief Executive Officer, Director, and a 10% Owner of Samsara Inc. (IOT), reported multiple sales of Class A Common Stock.
• A total of 169,990 shares were sold across transactions on November 18, 2025, and November 19, 2025.
• These sales were executed pursuant to Rule 10b5-1 trading plans adopted on September 30, 2024.
• On November 18, 2025, 90,336 shares were sold at a weighted-average price of $36.5034, with prices ranging from $35.96 to $36.94.
• Also on November 18, 2025, 6,000 shares were sold at a weighted-average price of $36.3428, with prices ranging from $36.01 to $36.73.
• An additional 27,000 shares were sold on November 18, 2025, at a weighted-average price of $36.5428, with prices ranging from $36.00 to $36.925.
• On November 19, 2025, 36,564 shares were sold at a weighted-average price of $36.1267, with prices ranging from $35.64 to $36.63.
• Another 100 shares were sold on November 19, 2025, at a price of $36.65.
• Following these transactions, beneficial ownership includes 208,616 indirect shares held by the Biswas Family Trust, 18,000 indirect shares by The Biswas Trust I, 81,000 indirect shares by The Biswas Trust II, and 1,111,261 direct shares in the form of restricted stock units (RSUs).

Sentiment

Score: 5

Explanation: The sales are routine insider transactions executed under a pre-arranged 10b5-1 trading plan, which typically mitigates negative sentiment associated with insider selling. This indicates a neutral impact on sentiment.

Positives

• The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 30, 2024, indicating pre-planned transactions not based on new, non-public information.

Negatives

• Insider selling, even when pre-planned, can sometimes be perceived negatively by the market, although the 10b5-1 plan mitigates this concern.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This insider transaction report (Form 4) is a routine disclosure of beneficial ownership changes and does not provide information directly related to broader industry trends or competitor analysis.

Related Party Transactions

• Sales were made from the Biswas Family Trust, The Biswas Trust I, and The Biswas Trust II, over which the Reporting Person has voting or investment power.

Stakeholder Impact

• Shareholders may note the insider selling, but the execution under a Rule 10b5-1 plan generally reduces concerns that the sales are based on new, negative material non-public information.

Key Dates

Recommendation

The reported insider sales by CEO Sanjit Biswas were executed under a pre-arranged Rule 10b5-1 trading plan, adopted well in advance of the transaction dates. This suggests the sales are for personal financial planning purposes and not based on new, non-public information about the company's performance. While insider selling can sometimes be viewed negatively, the existence of a 10b5-1 plan typically neutralizes significant market impact. Therefore, the filing itself does not provide a strong signal for a change in investment recommendation, warranting a 'hold' position based solely on this information.

Keywords

Samsara, IOT, Sanjit Biswas, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, CEO, Director, Beneficial Ownership