Samsara Inc.
Samsara CEO and CTO Adopt Pre-Arranged Stock Trading Plans for Family Trusts
Summary
On January 6, 2026, Samsara Inc. announced that its CEO, Sanjit Biswas, and CTO, John Bicket, have adopted pre-arranged stock trading plans for their affiliated family trusts. These plans, which were previously disclosed in the company's Quarterly Report on Form 10-Q filed on December 9, 2025, will allow the executives to sell up to 5.00 million shares each from January 6, 2026, through December 24, 2026, to achieve asset diversification and liquidity. As of January 1, 2026, Biswas and Bicket collectively owned approximately 196.30 million shares, representing about 34.02% of Samsara's shares outstanding as of November 1, 2025. Upon completion of the planned sales, they would own approximately 186.30 million shares, or about 32.29% of the shares outstanding. These trading plans aim to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Securities Exchange Act of 1934.
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About Samsara Inc.
Samsara Inc. is a transformative player in the field of Internet of Things (IoT), focusing on providing comprehensive IoT solutions to streamline operations across various industries. The company's primary function is to offer cloud-based platforms that enable real-time monitoring and insights for businesses, facilitating improved operational efficiency and enhanced connectivity. Samsara designs products that cater to transportation, logistics, construction, and energy sectors, among others, where monitoring of physical assets is crucial. The solutions include vehicle telematics, driver safety functionalities, equipment monitoring, and environmental sensors. Samsara's role in the market is significant as businesses increasingly rely on IoT to transform operations, reduce costs, and improve safety standards. By integrating hardware and software solutions into a unified platform, Samsara facilitates seamless data management and accessibility, empowering organizations to make informed decisions based on data-driven insights. Since its founding in 2015, Samsara has rapidly emerged as a leader in the industrial IoT space, positioning itself as an essential partner for companies aiming to optimize their asset utilization and enhance their digital infrastructure.
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