On July 9, 2026, two insiders at Samsara Inc. (IOT) sold a significant number of shares, totaling approximately $11.23 million. Chief Executive Officer Sanjit Biswas sold 152,358 shares for roughly $5.57 million, while John Bicket offloaded 154,842 shares for approximately $5.66 million.
These transactions occurred at an average price of $36.56 per share for Mr. Biswas and $36.57 per share for Mr. Bicket. This follows a series of smaller sales by both executives in the preceding days.
While insider selling can be motivated by various personal financial reasons such as diversification or tax planning, the coordinated nature of multiple executive sales can sometimes attract investor attention.