← Back
▼ SELL 10b5-1 Plan

$ Value

$1.2M

Shares

37,662

Price

$31

Filed

Apr 2

Insider

Name

Biswas Sanjit

Title

CHIEF EXECUTVE OFFICER

CIK

0001895111

Roles

Director Officer 10% Owner

Transaction Details

Transaction Date

2026-03-31

Code

S

Table

Non-Derivative

Ownership

Indirect

Equity Swap

No

Shares After

1,309,394

Footnotes

The number of shares held reflects the transfer of 70,091 shares of Class A Common Stock on March 10,2026 and (ii) 138,965 shares of Class A Common Stock on March 15, 2026 from the Reporting Person to 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"). | Consists of shares held by the Biswas Family Trust. | The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 29, 2025 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 $30.48 to $31.47, 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 $31.48 to $31.90, 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 29, 2025 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 $30.595 to $31.45, 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 "Biswas Trust I"). | 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 $31.685 to $31.76, 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 $30.62 to $31.615, 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 $31.62 to $31.90, 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 $31.22 to $32.21, 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 $31.22 to $32.185, 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 $30.54 to $31.43, 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. | The number of shares held reflects the transfer, on March 31, 2026, of (i) 59,375 shares of Class B Common Stock from the Biswas Family Trust to the Biswas Trust I, (ii) 3,750,000 shares of Class B Common Stock from the Biswas Family Trust to Sanjit Biswas, Trustee of the Sanjit Biswas 2026 Annuity Trust u/a/d 3/31/2026, over which the Reporting Person has voting or investment power (the "SB 2026 Annuity Trust"), and (iii) 3,750,000 shares of Class B Common Stock from the Biswas Family Trust to HB, Trustee of the HB 2026 Annuity Trust u/a/d 3/31/2026, over which the Reporting Person has voting or investment power (the "HB 2026 Annuity Trust"). | The number of shares held reflects the transfer, on March 31, 2026, of 59,375 shares of Class B Common Stock from the Biswas Family Trust to the Biswas Trust I. | 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. | Consists of shares held by the SB 2026 Annuity Trust. | Consists of shares held by the HB 2026 Annuity Trust.

Filing Info

Accession No.

0001895111-26-000005

Form Type

4

Issuer CIK

0001642896

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
$14.3M 2026-04-15
Phillips Dominic
SEE REMARKS
$641K 2026-04-01
Kirchhoff Benjamin Louis
CHIEF ACCOUNTING OFFICER
$65K 2026-04-13