Samsara CEO Sanjit Biswas Sells $11.3M in Class A Stock Under Rule 10b5-1 Plan

Executive Summary

On October 29, 2026, Samsara Inc. ($IOT) Chief Executive Officer, Director, and 10% Owner Sanjit Biswas reported the sale of 263,900 shares of Class A Common Stock for an aggregate amount of approximately $11.33 million. The transactions took place over three trading days (October 27, 28, and 29, 2026) at weighted-average prices ranging between $41.39 and $44.91 per share.

Transaction Details

• Security: Class A Common Stock
• Total Shares Sold: 263,900 shares
  • October 27: 114,813 shares
  • October 28: 108,212 shares
  • October 29: 40,875 shares
• Effective Weighted-Average Price: ~$42.93
• Total Gross Proceeds: $11,329,894.89
• Trading Arrangement: All sales were executed pursuant to pre-established Rule 10b5-1 trading plans adopted on September 29, 2025 by the Biswas Family Trust and Jordan Park Trust Company LLC.

Post-Transaction Holdings

Following the reported transactions, the indirect trust holdings managed for the benefit of the reporting person are:

• Biswas Family Trust: 461,835 shares
• The Biswas Trust I: 30,400 shares
• The Biswas Trust II: 135,200 shares
• Total Remaining Indirect Holdings: 627,435 shares of Class A Common Stock
• Direct Holdings: 1,356,498 restricted stock units (RSUs)

Significance Assessment

This transaction carries a Medium market significance rating. While the gross dollar value is substantial ($11.33M), the disposals were scheduled under Rule 10b5-1 trading plans adopted more than a year prior (September 2025), reflecting structured estate planning and liquidity rather than discretionary selling based on short-term corporate developments.