Samsara Co-Founder & Director John Bicket Files Form 144 to Sell $59.3M in Common Stock

Insider Filing Analysis: Form 144

Company: Samsara Inc. (NYSE: IOT / CIK: 0001642896)
Insider: John Bicket
Role: Officer, Director, and 10% Stockholder
Filing Date: September 29, 2026

Transaction Summary

John Bicket has filed a Form 144 indicating an intent to sell up to 1,569,300 shares of Samsara Inc. Common Stock, representing an aggregate market value of approximately $59,303,847.00 (implied price of ~$37.79 per share). The proposed sale represents approximately 0.41% of Samsara's 380,273,036 outstanding units.

Trading Plan & Acquisition History

• Rule 10b5-1 Plan: The proposed sales are pursuant to a trading plan adopted on September 29, 2025.
• Origin of Shares to be Sold:
  • 1,134,795 shares acquired as Series A Shares on 05/15/2015.
  • 62,200 shares acquired via Gift of Founders Shares on 11/12/2021.
  • 271,100 shares acquired via Gift of Founders Shares on 12/11/2021.
  • 101,205 shares acquired through Restricted Stock Lapse on 09/10/2026.
• Trusts Involved: Remarks indicate shares may be sold across multiple trusts, including the John C Bicket Revocable Trust U/A/D 02/15/2013, The Bicket-Dobson Trust I, and The Bicket-Dobson Trust II.

Past 3 Months Selling Activity

Between July 7, 2026, and August 20, 2026, the reporting seller executed 10 sales totaling 1,057,617 shares for gross proceeds of approximately $39.86 million.

Market & Trading Significance

Significance Rating: High
While the filing reflects sales executed under a pre-established Rule 10b5-1 trading plan adopted a year prior (09/29/2025), the total dollar volume ($59.3M proposed, following nearly $40M sold over the preceding 3 months) represents a substantial insider liquidation by a core co-founder and executive officer.