Biswas Sanjit 4

What Happened

• Sanjit Biswas, a reported 10% owner of Samsara (IOT), sold a total of 263,900 shares on Feb 3–4, 2026 in open‑market/private transactions for aggregate proceeds of approximately $6,650,966. Individual reported lots: 33,723 @ $25.22, 10,600 @ $25.25, 11,496 @ $25.23 (all on Feb 3), and 174,277 @ $25.19 and 33,804 @ $25.22 (on Feb 4). The overall weighted‑average price was about $25.21 per share. These securities are reported as restricted stock units (RSUs), i.e., contingent rights to receive shares subject to vesting.

Key Details

• Transaction dates: February 3–4, 2026; prices ranged approximately $25.00–$25.92 across the multiple trades.
• Shares sold: 263,900; Gross proceeds: ≈ $6.65 million; weighted‑avg price ≈ $25.21.
• Shares owned after transaction: Not specified in the provided summary—see the full Form 4 for current holdings.
• Notable footnotes: Sales were effected pursuant to a Rule 10b5‑1 trading plan adopted Sept 29, 2025 (Biswas Family Trust trustees). The securities sold are RSUs (contingent rights to receive Class A shares).
• Timeliness: Filing dated Feb 5, 2026 for trades on Feb 3–4 appears to be timely (Form 4 is typically due within two business days).

Context

• These were sales (not purchases); insider sales under pre‑arranged 10b5‑1 plans are common and can be routine (e.g., diversification or tax planning). As a reported 10% owner acting through trusts, this reflects trust-level transactions rather than a direct, discretionary open‑market sale by an executive. For exact post‑trade holdings, vesting details on the RSUs, or the breakdown of prices by individual trades, consult the full Form 4 filing (Accession: 0001895111-26-000003).