Symbotic Director Todd Krasnow Sells 2,000 Shares via Rule 10b5-1 Plan
Symbotic Inc.
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Filing Summary
Insider Transaction Alert: Symbotic Inc. ($SYM) • Insider: Todd Krasnow (Director) • Transaction: Sold 2,000 shares of Class A Common Stock • Total Value: ~$76,911.33 (Weighted average ~$38.46/share) • Nature: Indirect (via Inlet View, Inc.) pursuant to Rule 10b5-1 trading plan • Filing Date: November 4, 2026
Comprehensive Analysis
Executive Summary
On November 2, 2026, Todd Krasnow, a director of Symbotic Inc. ($SYM), executed open-market sales totaling 2,000 shares of Class A Common Stock at a weighted average price of approximately $38.46 per share, generating gross proceeds of $76,911.33. The transactions were conducted under a pre-established Rule 10b5-1 trading plan adopted on December 8, 2025.
Transaction Mechanics & Unit Redemption
Prior to the sale, the reporting person redeemed 2,000 Symbotic Holdings Units along with an equal number of paired Class V-1 Common Stock on a 1-for-1 basis into 2,000 shares of Class A Common Stock. Upon redemption, the 2,000 paired Class V-1 shares and units were cancelled, and the newly issued Class A Common Stock was subsequently liquidated in three separate tranches:
- 836 shares at an average price of $37.5335
- 672 shares at an average price of $38.7174
- 492 shares at an average price of $39.6651
Post-Transaction Holdings
Following the completion of these transactions, the insider's holdings remain substantial across direct and indirect entities:
- Inlet View, Inc.: 522,002 Symbotic Holdings Units / Class V-1 Common Stock (0 shares of Class A Common Stock remaining)
- Direct Ownership: 177,036 Symbotic Holdings Units / Class V-1 Common Stock
- Trusts: 40,000 shares of Class A Common Stock held across charitable trusts
- Spouse / Family Trust: 180,000 Symbotic Holdings Units / Class V-1 Common Stock
Trading Significance
The transaction carries Low significance due to its modest size (~$77K), execution under an established Rule 10b5-1 trading plan, and the fact that it represents a fractional portion of Krasnow's total beneficial holdings in Symbotic Inc.
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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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