Samsara CEO and CTO Each Sell 263,900 Shares in $22.7 Million of Planned Sales
Samsara CEO Sanjit Biswas and Chief Technology Officer John Bicket each sold 263,900 shares of the connected-operations software company this week, bringing in a combined $22.7 million, according to two Form 4 filings submitted to the Securities and Exchange Commission on Thursday.
The sales of Class A common stock took place from Tuesday, Oct. 27, through Thursday, Oct. 29, and were made through family and other trusts under Rule 10b5-1 trading plans adopted on Sept. 29, 2025, according to footnotes in the filings.
Matching sales
Biswas's sales totaled $11,329,895, a weighted average of $42.93 a share. Bicket, an executive vice president whose filing lists him as chief technology officer, sold shares worth $11,326,802, a weighted average of $42.92.
Both filings show the shares were sold in many tranches at prices ranging from $40.65 to $45.00 over the three days, with lower prices on Thursday than earlier in the week.
Held through trusts
The shares Biswas sold were held by the Biswas Family Trust and two trusts managed by Jordan Park Trust Company, the filing said. Bicket's shares came from the John C. Bicket Revocable Trust and two Bicket-Dobson trusts, also with Jordan Park Trust Company as trustee.
Both executives also report holdings of restricted stock units, each of which represents a contingent right to receive one share of Class A stock subject to vesting.
Why trading plans matter
Rule 10b5-1 plans let insiders set up stock sales in advance, at a time when they are not in possession of material nonpublic information. Because both plans were adopted more than a year before these trades, the timing of the sales was set well in advance.
By the numbers
- 263,900: shares sold by each executive
- $11,329,895: Biswas's total proceeds
- $11,326,802: Bicket's total proceeds
- $40.65 to $45.00: full range of sale prices
- Sept. 29, 2025: date both trading plans were adopted
Sources
- Form 4 filed by Sanjit Biswas for Samsara Inc., filed Oct. 29, 2026 (accession 0001895111-26-000021)
- Form 4 filed by John Bicket for Samsara Inc., filed Oct. 29, 2026 (accession 0001895106-26-000022)
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
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