other material
confidence high
sentiment neutral
materiality 0.60
Samsara co-founders adopt 10b5-1 plans to sell up to 10M shares over 2024
Samsara Inc.
- CEO Biswas and CTO Bicket each plan to sell up to 5M shares via family trusts from Jan 2, 2024 to Dec 28, 2024.
- Co-founders currently own ~40.37% (218.05M shares); post-sales they would own ~38.52% (208.05M shares).
- Plans adopted Sep 29, 2023 and disclosed in Q3 10-Q; sales subject to Rule 144 volume limits.
- Transactions will be publicly reported on Forms 144 and 4 as required.