On January 20, 2026, John Bicket, who serves as director, executive vice president, and Chief Technology Officer at Samsara Inc (NYSE: IOT), sold a combined total of 265,680 shares of the company's Class A Common Stock. The transactions were executed in multiple tranches, with 208,000 shares selling at prices between $32.373 and $33.1493 per share, accumulating approximately $6.74 million.
In addition, Bicket sold another 56,600 shares at prices ranging from $32.4137 to $33.3588, generating roughly $1.82 million from those transactions. These sales took place under the provisions of Rule 10b5-1 trading plans, ensuring they were pre-arranged and executed autonomously to comply with insider trading regulations.
Specifically, 199,630 of these shares were sold following a plan adopted by John C. Bicket in his role as Trustee of the John C. Bicket Revocable Trust dated February 15, 2013. The remaining shares were disposed of under a plan adopted by Jordan Park Trust Company LLC, acting as Trustee with Courtney J. Maloney serving as Trust Officer.
Despite the recent stock sales, Bicket maintains indirect ownership interests through multiple trusts, including the Bicket Revocable Trust, The Bicket-Dobson Trust I established November 10, 2021, and The Bicket-Dobson Trust II established October 8, 2021. Moreover, he holds 255,989 restricted stock units (RSUs) outright.
Concurrent with these insider transactions, Samsara released its 2025 Year in Review report documenting impressive advancements in safety outcomes among its clients. The report highlights that organizations deploying Samsara's Connected Operations Platform achieved a 73% decline in crash rates. Collectively, these users logged over 90 billion miles driven using the platform.
Among notable clients, Swissport North America reported a 60% reduction in operational incidents and a 23% decrease in vehicle damage after implementing Samsara's technology fleet-wide. Such results underscore the tangible operational benefits of Samsara’s solutions.
Analyst sentiment toward Samsara has strengthened alongside these developments. TD Cowen increased its price target for the company to $55, referencing robust third-quarter earnings and a record surge in new customer acquisitions. Additionally, KeyBanc initiated coverage of Samsara with an Overweight recommendation, underscoring the company's potential within the expansive $45 trillion Physical Operations industry.
Supporting this positive outlook, BMO Capital Markets designated Samsara as an outperform-rated stock, anticipating growth driven by broader applications of artificial intelligence across related sectors.
These financial and operational acknowledgments reflect Samsara’s ongoing growth trajectory and its expanding influence within connected operations technology, an important segment of the industrial and technology sectors.