John Bicket executes 12 sales totaling 263,900 shares for $8,071,373.27 under 10b5-1 plan
John Bicket sold 263.9K shares at prices between $29.72 and $31.35 across three trading days (May 26–28, 2026), reducing his holdings by 63.2%. This is a scheduled, non-discretionary transaction executed under a 10b5-1 trading plan adopted on 2025-09-29, meaning timing cannot be inferred as a signal of conviction or concern. The current stock price ($31.57) sits near the high end of the transaction price range ($29.72–$31.35). His prior five trades at IOT showed positive 30- and 90-day returns (2.6% to 8.5%), but the 10b5-1 FLAG indicates this sale is mechanically executed rather than discretionary, so cross-referencing prior outcomes does not apply to characterizing this filing's signal content.