Symbotic Inc. Director Charles Kane Sells $78K in Common Stock Under Rule 10b5-1 Plan

Insider Transaction Overview

On September 1, 2026, Charles Kane, a Director at Symbotic Inc. ($SYM), executed a planned disposition of 2,000 shares of Class A Common Stock at a price of $39.00 per share, totaling $78,000 in gross transaction value.

Transaction Details & Mechanics

• Mechanics of Transaction: The sale followed the redemption of 2,000 Symbotic Holdings Units paired with 2,000 shares of Class V-1 Common Stock on a one-for-one basis into 2,000 shares of Class A Common Stock, which were subsequently sold.
• Rule 10b5-1 Trading Plan: The redemption and subsequent sale were executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on December 8, 2025.
• Post-Transaction Holdings: Following the sale, Mr. Kane directly owns 89,852 shares of Class A Common Stock and continues to hold 583,353 Symbotic Holdings Units / Class V-1 shares.

Market & Significance Assessment

• Significance Level: Low
• Analysis: The sale represents a minor portion of the insider's total equity holdings and was executed under a pre-established Rule 10b5-1 plan, suggesting routine liquidity management rather than a discretionary market-timing decision.