← Back to All Filings

Symbotic Director Charles Kane Sells $86.3K Under Rule 10b5-1 Plan

Low SignificanceOctober 6, 2026 at 1:40:07 AM UTC

Symbotic Inc.

$SYM4CIK: 0001837240

Subscribe to track SYM

Premium users can add ticker alerts and receive realtime notification updates.

Filing Summary

Symbotic Inc. ($SYM) Director Charles Kane executed open-market sales totaling 2,000 Class A shares on October 1, 2026, generating approximately $86,345 at a weighted average price of ~$43.17 per share. The sales were carried out pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on December 8, 2025.

Comprehensive Analysis

Transaction Summary

Symbotic Inc. (NASDAQ: SYM) Director Charles Kane reported transactions executed on October 1, 2026, involving the redemption of partnership units followed by the sale of 2,000 Class A Common shares.

  • Unit Redemption & Share Conversion: Under a pre-established Rule 10b5-1 plan, Kane redeemed 2,000 Symbotic Holdings Units paired with 2,000 Class V-1 non-economic shares for 2,000 shares of Class A Common Stock.
  • Open-Market Sales:
    • 1,100 shares sold at a weighted average price of $42.7227 (range: $42.25–$43.23).
    • 900 shares sold at a weighted average price of $43.7222 (range: $43.31–$44.24).
    • Total Proceeds: ~$86,345.

Post-Transaction Holdings

Following these transactions, Kane directly holds:

  • 89,852 shares of Class A Common Stock.
  • 581,353 shares of Class V-1 Common Stock and corresponding Symbotic Holdings Units redeemable for Class A Common Stock.

Significance

Trading significance is Low. The disposition represents a tiny fraction (<0.3%) of Kane's combined equity and unit holdings in Symbotic Inc. and was conducted routinely under a Rule 10b5-1 trading plan established in December 2025.

Topics:#SYM#Symbotic#InsiderTrading#SEC#Automation

Get Real-Time Alerts

Join our community to receive instant notifications when high-significance filings are published

Important Disclaimer

This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.

Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.