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Symbotic Director Charles Kane Sells 2,000 Shares Under Rule 10b5-1 Plan

Low SignificanceNovember 4, 2026 at 7:21:24 PM EST

Symbotic Inc.

$SYM4CIK: 0001837240

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Filing Summary

📊 Insider Transaction Report | Symbotic Inc. ($SYM)

Insider: Charles Kane Title: Director Transaction Date: November 2, 2026 Filing Date: November 4, 2026

Details:

  • Type: Open Market Sale (Rule 10b5-1)
  • Shares Sold: 2,000 Class A Common Stock
  • Average Price: ~$38.44 (Tranches: $37.46 - $39.68)
  • Total Consideration: ~$76,874.50
  • Post-Transaction Holdings: 89,852 Class A shares (+ 579,353 paired units/Class V-1 shares)

Significance: Low (Scheduled 10b5-1 transaction following unit redemption, minimal portfolio impact).

Comprehensive Analysis

Transaction Overview

On November 2, 2026, Symbotic Inc. Director Charles Kane completed a routine redemption and sale involving 2,000 shares of Class A Common Stock.

  1. Redemption: The insider redeemed 2,000 Symbotic Holdings Units (along with the paired cancellation of 2,000 shares of Class V-1 Common Stock) on a one-for-one basis for 2,000 shares of Class A Common Stock.
  2. Open Market Sales: The 2,000 acquired Class A shares were subsequently sold in three tranches:
    • 600 shares at a weighted average price of $37.4625 (ranging from $37.16 to $37.79)
    • 1,000 shares at a weighted average price of $38.5270 (ranging from $38.21 to $38.97)
    • 400 shares at a weighted average price of $39.6750 (ranging from $39.30 to $39.97)

Total aggregate proceeds from the sale totaled $76,874.50, reflecting a volume-weighted average price of approximately $38.44 per share.

Trading Context & Significance

  • Pre-Arranged Trading Plan: The transaction was executed under a Rule 10b5-1 trading plan established on December 8, 2025.
  • Remaining Holdings: Following these transactions, Charles Kane directly holds 89,852 shares of Class A Common Stock and 579,353 Symbotic Holdings Units (paired with an equal number of Class V-1 shares).
  • Market Impact: Rated Low. The disposition represents a fractional portion of Kane's total beneficial ownership and was carried out systematically via an affirmative Rule 10b5-1 defense plan.
Topics:#SYM#Symbotic#InsiderTrading#SEC#Form4

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