Symbotic Inc. Officer Files Form 144 to Sell $358K in Common Stock Under Rule 10b5-1 Plan
Symbotic Inc.
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Filing Summary
Form 144 Notice of Proposed Sale of Securities
Issuer: Symbotic Inc. ($SYM)
Insider: Corey Dufresne (Officer)
Shares to Sell: 9,194 shares of Common Stock
Aggregate Value: $358,382.12 ($38.98/share)
Approx. Sale Date: October 28, 2026
Broker: Morgan Stanley Smith Barney LLC
Note: Sold pursuant to a Rule 10b5-1 trading plan adopted on June 12, 2025; shares originated from RSU vesting on October 23, 2026.
Comprehensive Analysis
Executive Summary
On October 28, 2026, Corey Dufresne, an Officer at Symbotic Inc. ($SYM), filed a Form 144 notice disclosing the intent to sell 9,194 shares of common stock with an aggregate market value of $358,382.12 (implied price of ~$38.98 per share). The proposed sale is executed through Morgan Stanley Smith Barney LLC.
Transaction Details
- Security: Common Stock
- Proposed Sale Date: October 28, 2026
- Number of Shares: 9,194
- Aggregate Market Value: $358,382.12
- Origin of Securities: Acquired on October 23, 2026, through the vesting of Restricted Stock Units (RSUs) granted by the issuer.
- Pre-Arranged Trading Plan: The filing reflects a Rule 10b5-1 trading plan adopted on June 12, 2025.
Trading Significance
- Significance Level: Low
- Rationale: The transaction represents a modest dollar value ($358K) relative to Symbotic's market capitalization and outstanding shares (129.87M shares reported). Additionally, the shares stem from an RSU vest and are being sold under a pre-established Rule 10b5-1 plan established well in advance, suggesting standard diversification and tax-related liquidity rather than a directional signal.
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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.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
