Symbotic Inc. CFO Sells 7,224 Shares in Routine Tax Withholding Transaction
Symbotic Inc.
Subscribe to track SYM
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
📦 Symbotic Inc. ($SYM) Insider: Martins Izilda P (Chief Financial Officer) Transaction: Sale (Sell to Cover) Shares: 7,224 @ ~$38.93 Value: $281,224.54 Remaining Holdings: 42,732 shares Significance: Low (Mandated sell-to-cover for tax withholding on RSUs)
Comprehensive Analysis
Insider Transaction Analysis: Symbotic Inc. ($SYM)
Executive Summary
On October 28, 2026, Izilda P. Martins, Chief Financial Officer of Symbotic Inc., disposed of 7,224 shares of Class A Common Stock at a weighted average price of $38.9292 per share, for an aggregate transaction value of approximately $281,225. Following this transaction, Martins directly retains ownership of 42,732 shares.
Nature of the Transaction
According to the footnotes in the filing, this sale was executed under a non-discretionary "sell to cover" arrangement mandated by the issuer's equity incentive plan. The shares were sold solely to cover tax withholding obligations arising from the vesting and settlement of restricted stock units (RSUs) that vested on October 23, 2026.
Market Significance
This trade carries Low significance for investors. Mandated sell-to-cover transactions do not reflect management's discretionary sentiment or outlook on the company's prospects, as the executive had no discretion over the execution of the sale.
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.