other material
confidence high
sentiment neutral
materiality 0.60
Samsara CEO and CTO adopt 10b5-1 plans to sell up to 10M shares in 2023
Samsara Inc.
- CEO Sanjit Biswas and CTO John Bicket each plan to sell up to 5M shares via Rule 10b5-1 plans adopted Sep 2022.
- Sales occur Jan–Dec 2023 for asset diversification and liquidity; subject to Rule 144 volume limits.
- Biswas and Bicket collectively own ~44.01% (228.33M shares) as of Nov 29, 2022.
- After planned sales and tax-withholding transactions, combined ownership would drop to ~42.08% (218.33M shares).
- Plans were adopted in accordance with Samsara's insider trading policy and will be disclosed via Form 144/4.