Symbotic Officer Michael Dunn Files Form 144 for Routine Share Sale
Symbotic Inc.
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Filing Summary
Symbotic Inc. ($SYM) Form 144 Filing Insider: Michael Dunn (Officer) Proposed Sale: 1,513 Common Shares (~$56,768) Approx. Sale Date: 11/04/2026 Broker: Morgan Stanley Smith Barney LLC Trading Significance: Low (Routine sale under Rule 10b5-1 plan adopted 06/12/2025)
Comprehensive Analysis
Executive Summary
On November 4, 2026, Symbotic Inc. officer Michael Dunn filed a Form 144 notice disclosing the proposed sale of 1,513 shares of common stock through Morgan Stanley Smith Barney LLC. The aggregate market value of the proposed transaction is $56,767.76, representing an implied price per share of approximately $37.52.
Transaction Details
- Securities to be Sold: 1,513 shares of Common Stock.
- Aggregate Market Value: $56,767.76.
- Origin of Securities: Acquired via Restricted Stock Units (RSUs) on October 23, 2026.
- Trading Plan: The notice references a Rule 10b5-1 trading plan adopted on June 12, 2025.
- Recent Sales History: Dunn has executed regular bi-weekly sales under the 10b5-1 plan over the prior three months, totaling 11,308 shares across seven transactions between August and October 2026.
Market and Trading Impact
Given that the transaction represents a negligible fraction of Symbotic's 129,873,381 shares outstanding and follows a pre-scheduled Rule 10b5-1 trading plan, the market significance of this filing is Low.
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Important Disclaimer
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