Symbotic Director Charles Kane Files Form 144 to Sell $252K in Common Stock
Symbotic Inc.
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Filing Summary
📢 Form 144 Notice of Proposed Sale: Symbotic Inc. ($SYM) • Insider: Charles Kane (Director) • Shares to Sell: 6,000 Common shares • Estimated Total Value: $252,420.00 (~$42.07/share) • Approximate Date of Sale: 10/01/2026 • Broker: Morgan Stanley Smith Barney LLC • Trading Plan: Rule 10b5-1 adopted on 12/08/2025
Comprehensive Analysis
Executive Summary
On October 1, 2026, Charles Kane, a Director of Symbotic Inc. ($SYM), filed a Form 144 notice proposing the sale of 6,000 shares of Common Stock through Morgan Stanley Smith Barney LLC. The aggregate market value of the proposed transaction is approximately $252,420.00, implying an estimated price per share of $42.07.
Key Filing Details
- Issuer: Symbotic Inc. (CIK: 0001837240)
- Filer: Charles Kane (CIK: 0001203561), Director
- Proposed Sale Date: October 1, 2026
- Securities to be Sold: 6,000 Common shares
- Aggregate Market Value: $252,420.00
- Shares Outstanding: 129,873,381
- Acquisition Origin: Acquired directly from the issuer on June 7, 2022 via a private transaction.
- Trading Plan: The sale is being executed under a Rule 10b5-1 trading plan adopted on December 8, 2025.
Past 3 Months Activity
Prior sales under the 10b5-1 plan include:
- September 1, 2026: 2,000 shares for gross proceeds of $78,000.00 ($39.00/share avg)
- August 3, 2026: 2,000 shares for gross proceeds of $86,420.00 ($43.21/share avg)
Trading Significance
The trading significance is assessed as Low. The proposed sale represents a negligible fraction (<0.005%) of Symbotic's 129.87 million shares outstanding and is executed pursuant to a pre-arranged Rule 10b5-1 trading plan established in December 2025.
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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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