Sanjit Biswas (CEO) executes 12 sales totaling 263.9K shares for $8.1M under pre-arranged 10b5-1 plan
Sanjit Biswas, Chief Executive Officer of Samsara Inc., executed 12 separate sales totaling 263,900 shares for $8,073,249.94 between May 26–28, 2026, reducing his holdings by 46.2% from 570,956 shares to 307,056 shares. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-09-29, meaning the sales were scheduled rather than discretionary. The stock is currently trading at $31.57, down 34.8% from its 52-week high of $48.40, and Biswas's prior sales at Samsara have consistently been followed by positive near-term returns (ranging from +2.6% to +8.4% at 30 and 90 days), though the company remains unprofitable on a full-year basis despite +29.6% annual revenue growth. The substantial reduction in CEO equity and the scheduled nature of these sales—occurring when the stock is well below its recent peak—warrant observation of whether this trading plan adjustment reflects any forward-looking positioning.