Samsara EVP & CTO John Bicket Sells $11.3M in Class A Stock Under Rule 10b5-1 Plan
Samsara Inc.
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Filing Summary
📋 Form 4 Filing: Samsara Inc. ($IOT) Insider: John Bicket (EVP, Chief Technology Officer & Director) Action: Sold 263,900 shares of Class A Common Stock Total Value: ~$11.33M (Weighted Avg Price: ~$42.92/share) Dates of Execution: October 27–29, 2026 Nature: Indirect ownership (Trust entities) Trading Plan: Rule 10b5-1 plan adopted September 29, 2025
Comprehensive Analysis
Transaction Summary
Between October 27, 2026, and October 29, 2026, John Bicket, Executive Vice President, Chief Technology Officer, Director, and 10% Owner of Samsara Inc. ($IOT), disposed of an aggregate of 263,900 shares of Class A Common Stock across multiple tranches for approximately $11.33 million.
Execution Details
- Price Range: Prices ranged from a low of $40.70 to a high of $45.00 per share across the three execution days, resulting in a weighted average sale price of approximately $42.92 per share.
- Ownership Structure: All sales were executed indirectly through trust entities:
- John C. Bicket Revocable Trust u/a/d 2/15/2013 (207,999 shares sold)
- The Bicket-Dobson Trust I u/a/d 11/10/2021 (10,600 shares sold)
- The Bicket-Dobson Trust II u/a/d 10/8/2021 (45,301 shares sold)
- Post-Transaction Holdings:
- Indirect holdings across the trusts remaining post-transaction: 726,998 shares.
- Direct holdings reported: 450,907 RSUs.
Plan & Governance Context
All dispositions were carried out pursuant to pre-established Rule 10b5-1 trading plans adopted on September 29, 2025. Because these sales were conducted under a predetermined schedule established over a year prior, the transactions represent planned liquidity/diversification rather than opportunistic discretionary market timing.
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