Biswas Sanjit 4

What Happened
Sanjit Biswas, a reported 10% owner of Samsara Inc. (IOT), sold a total of 263,900 shares on January 20, 2026 in a series of dispositions. The individual lots reported were: 200,024 @ $32.37 ($6,475,577); 7,976 @ $33.16 ($264,451); 9,273 @ $32.68 ($303,064); 1,327 @ $33.38 ($44,289); 42,740 @ $32.42 ($1,385,451); and 2,560 @ $33.20 ($84,997). Total proceeds were approximately $8.56 million (weighted‑average price ≈ $32.43). These were sales (not purchases) and were effected under pre‑arranged Rule 10b5‑1 trading plans.

Key Details

• Transaction date: January 20, 2026 (reported on Form 4 filed January 22, 2026). Filing appears timely (within the typical two‑business‑day window); no late‑filing flag noted.
• Price range by lot: $32.37 to $33.38; weighted average ≈ $32.43.
• Total shares sold: 263,900; total proceeds ≈ $8,557,829.
• Shares owned after transaction: Not specified in the data provided in this summary (check the full Form 4 for post‑transaction beneficial ownership).
• Notable footnotes: sales were effected pursuant to Rule 10b5‑1 plans adopted September 29, 2025 (Biswas Family Trust and a Jordan Park Trust trustee); multiple footnotes indicate the shares were held through trusts over which the reporting person has voting/investment power. Some filing notes reference sales across several price points and willingness to provide per‑price breakdowns on request.

Context
These are disposals by a 10% owner and were executed under 10b5‑1 plans (pre‑set automated trading arrangements). Such plan‑based sales are generally routine and do not, by themselves, indicate a change in the insider’s view of the company. Retail investors should consider this alongside other insider activity and company fundamentals.