Form 4: Samsara CTO Bicket Reports Share Conversion & Gift

Samsara Inc.'s Executive Vice President and CTO, John Bicket, reported the conversion of Class B to Class A common stock and a subsequent gift of Class A shares.

Summary

• John Bicket, Executive Vice President, Chief Technology Officer, Director, and 10% Owner of Samsara Inc. (IOT), filed a Form 4 reporting changes in beneficial ownership.
• On December 12, 2025, Bicket converted 590,909 shares of Class B Common Stock into Class A Common Stock.
• Concurrently on December 12, 2025, Bicket gifted 590,909 shares of Class A Common Stock.
• The filing also reflects transfers of 20,070 shares of Class A Common Stock on December 10, 2025, and 35,757 shares of Class A Common Stock on December 15, 2025, from the Reporting Person to the John C. Bicket Revocable Trust.
• Following these transactions, Bicket's indirect beneficial ownership of Class A Common Stock through the Bicket Revocable Trust is 274,000 shares.
• Total beneficial ownership of Class A Common Stock includes 255,989 restricted stock units (RSUs) held directly, 12,000 shares held indirectly by The Bicket-Dobson Trust I, and 54,000 shares held indirectly by The Bicket-Dobson Trust II.
• Total beneficial ownership of Class B Common Stock (convertible to Class A on a 1:1 basis) is 97,744,259 shares held indirectly through various trusts and a spouse.

Sentiment

Score: 5

Explanation: This Form 4 reports routine insider transactions (conversion and gift) and does not inherently indicate positive or negative sentiment regarding the company's performance or outlook. Such transactions are often for personal financial or estate planning.

Future Outlook

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

Industry Context

This Form 4 filing reports routine insider transactions and does not provide information directly related to broader industry trends or competitive landscape. It is a disclosure of changes in beneficial ownership by a key executive.

Related Party Transactions

• Transfer of Class A Common Stock to John C. Bicket Revocable Trust on December 10, 2025 (20,070 shares) and December 15, 2025 (35,757 shares).
• Indirect beneficial ownership of shares held by the John C. Bicket Revocable Trust.
• Indirect beneficial ownership of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust I.
• Indirect beneficial ownership of shares held by Jordan Park Trust Company, LLC, Trustee of The Bicket-Dobson Trust II.
• Indirect beneficial ownership of shares held by John C. Bicket and CBD, Co-Trustees of the Bicket-Dobson Revocable Trust.
• Indirect beneficial ownership of shares held by the Reporting Person's spouse.
• Indirect beneficial ownership of shares held by John C. Bicket, Trustee of The John C. Bicket 2024 Annuity Trust.
• Indirect beneficial ownership of shares held by CBD, Trustee of the CBD 2024 Annuity Trust.
• Indirect beneficial ownership of shares held by John C. Bicket, Trustee of The John C. Bicket 2025 Annuity Trust.
• Indirect beneficial ownership of shares held by CBD, Trustee of the CBD 2025 Annuity Trust.

Stakeholder Impact

• Shareholders may note the insider's activity, but a gift of shares is generally considered a routine personal financial planning event and is unlikely to have a significant direct impact on the company's operations or stock value.

Key Dates

Keywords

Samsara, IOT, John Bicket, Form 4, insider transaction, stock conversion, share gift, beneficial ownership, Class A Common Stock, Class B Common Stock