$ Value
$1.1M
Shares
27,000
Price
$39
Filed
Sep 25
Insider
Name
Biswas Sanjit
Title
CHIEF EXECUTVE OFFICER
CIK
0001895111
Roles
Transaction Details
Transaction Date
2025-09-23
Code
S
Table
Non-Derivative
Ownership
Indirect
Equity Swap
No
Shares After
189,000
Footnotes
The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 30, 2024 by SB and HB, Co-Trustees of the Biswas Family Trust u/a/d 7/13/2012, over which the Reporting Person has voting or investment power (the "Biswas Family Trust"). | The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $38.395 to $39.39, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. | The number of shares held reflects the transfer of 209,050 shares of Class A Common Stock from the Reporting Person to the Biswas Family Trust. | Consists of shares held by the Biswas Family Trust. | The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $39.395 to $39.54, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. | The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 30, 2024 by Jordan Park Trust Company LLC, Trustee, by Courtney J. Maloney as Trust Officer. | The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $39.04 to $39.50, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. | Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust I u/a/d 11/11/2021, over which the Reporting Person has voting or investment power. | The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $38.55 to $39.52, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. | Consists of shares held by Jordan Park Trust Company, LLC, Trustee of The Biswas Trust II u/a/d 10/14/2021, over which the Reporting Person has voting or investment power. | The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $37.155 to $38.14, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. | The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $38.155 to $38.445, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. | These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU. | The Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a 1:1 basis. | Consists of shares held by the Reporting Person's spouse. | Consists of shares held by Sanjit Biswas, Trustee of the Sanjit Biswas 2024 Annuity Trust u/a/d 3/22/2024, over which the Reporting Person has voting or investment power. | Consists of shares held by HB, Trustee of the HB 2024 Annuity Trust u/a/d 3/22/2024, over which the Reporting Person has voting or investment power. | Consists of shares held by Sanjit Biswas, Trustee of the Sanjit Biswas 2025 Annuity Trust u/a/d 3/25/2025, over which the Reporting Person has voting or investment power. | Consists of shares held by HB, Trustee of the HB 2025 Annuity Trust u/a/d 3/25/2025, over which the Reporting Person has voting or investment power.
Filing Info
Biswas Sanjit's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2026-04-15 | IOT | ▼ | $546K |
| 2026-04-15 | IOT | ▼ | $2.0M |
| 2026-04-15 | IOT | ▼ | $88K |
| 2026-04-15 | IOT | ▼ | $62K |
| 2026-04-14 | IOT | ▼ | $3.1M |
| 2026-04-14 | IOT | ▼ | $24K |
| 2026-04-14 | IOT | ▼ | $284K |
| 2026-04-14 | IOT | ▼ | $1.1M |
| 2026-04-14 | IOT | ▼ | $3K |
| 2026-04-02 | IOT | ▼ | $302K |
Other Insiders at IOT (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
|
Eltoukhy Adam
SEE REMARKS
|
— | $168K | 2026-04-20 |
|
Bicket John
SEE REMARKS
|
— | $15.5M | 2026-04-15 |
|
Biswas Sanjit
CHIEF EXECUTVE OFFICER
|
— | $15.5M | 2026-04-15 |
|
Phillips Dominic
SEE REMARKS
|
— | $641K | 2026-04-01 |
|
Kirchhoff Benjamin Louis
CHIEF ACCOUNTING OFFICER
|
— | $65K | 2026-04-13 |