Symbotic Inc. Director Sells 2,000 Shares Under Rule 10b5-1 Plan
Symbotic Inc.
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Filing Summary
Symbotic Inc. ($SYM) Director Todd Krasnow reported selling 2,000 shares of Class A Common Stock on September 8, 2026, generating approximately $87,140 at a weighted average price of ~$43.57 per share. The sale was executed indirectly via Inlet View, Inc. pursuant to a pre-arranged Rule 10b5-1 trading plan following the redemption of paired Symbotic Holdings Units and Class V-1 stock.
Comprehensive Analysis
Transaction Analysis: Symbotic Inc. ($SYM)
Overview
On September 10, 2026, Symbotic Inc. director Todd Krasnow filed a Form 4 disclosing the sale of 2,000 shares of Class A Common Stock on September 8, 2026. The transactions grossed $87,139.62 across two open-market tranches.
Transaction Details
- Mechanism: The reporting person redeemed 2,000 Symbotic Holdings Units (and retired paired Class V-1 shares) into 2,000 shares of Class A Common Stock (Transaction Code:
J), which were subsequently sold on the open market (Transaction Code:S). - Tranche 1: 1,489 shares sold at a weighted average price of $43.4625 (ranging from $42.745 to $43.74).
- Tranche 2: 511 shares sold at a weighted average price of $43.8825 (ranging from $43.745 to $44.255).
- Trading Plan: The sale was conducted pursuant to a Rule 10b5-1 trading plan adopted on December 8, 2025.
Post-Transaction Holdings
- Inlet View, Inc.: 0 shares of Class A Common Stock remaining (526,002 Class V-1 shares / Holdings Units retained).
- Direct & Indirect Holdings: Mr. Krasnow continues to hold 40,000 shares of Class A Common Stock via family trusts, 177,036 Class V-1 shares directly, and 180,000 Class V-1 shares indirectly via spouse/family trust.
Significance
This trade represents a routine, scheduled liquidation under a Rule 10b5-1 plan and comprises a small fraction of the insider's total beneficial ownership.
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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.
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