Symbotic Inc. Officer Files Form 144 for Nominal Share Sale
Symbotic Inc.
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Filing Summary
Form 144 Notice of Proposed Sale Issuer: Symbotic Inc. ($SYM) Insider: MARIA G FREVE (Officer) Shares to Sell: 23 Class A Common Market Value: $881.82 (~$38.34/share) Approximate Sale Date: 10/27/2026 Significance: Low
Comprehensive Analysis
Executive Summary
On October 27, 2026, Maria G. Freve, an officer of Symbotic Inc. ($SYM), filed a Form 144 notice disclosing the intended sale of 23 shares of Class A Common stock through Morgan Stanley Smith Barney LLC. The aggregate market value of the proposed transaction is $881.82, representing a negligible fraction of the company's 129,873,000 outstanding shares.
Transaction Details
- Security: Class A Common
- Number of Shares: 23
- Aggregate Market Value: $881.82 (approx. $38.34 per share)
- Acquisition Source: Restricted stock vesting under a registered plan on July 23, 2026.
- Past 3 Months Sales: 2,265 shares sold on October 26, 2026, for gross proceeds of $86,636.70.
Market Impact & Significance
The proposed sale carries Low trading significance due to the extremely small volume (23 shares) and transaction value ($881.82). Such de minimis sales are typical for tax withholding obligations or administrative rebalancing following equity vesting events and do not indicate a directional shift in insider sentiment.
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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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