Form 4: Symbotic CEO Cohen Reports Indirect Share Transfers

Symbotic Inc. CEO Richard B. Cohen reported indirect transfers of Class V-1 Common Stock and Symbotic Holdings Units, including a charitable gift and a trust distribution.

Summary

• Richard B. Cohen, Symbotic Inc.'s Board Chair, President, and Chief Executive Officer, filed a Form 4 reporting changes in beneficial ownership.
• On December 11, 2025, Mr. Cohen's spouse received a distribution of 1,000,000 shares of Class V-1 Common Stock and an equal number of paired Symbotic Holdings Units from The RBC Millennium GST Non-Exempt Trust.
• On the same date, Mr. Cohen's spouse made a bona fide gift of 1,000,000 shares of Class V-1 Common Stock and an equal number of paired Symbotic Holdings Units to a charitable donor-advised fund.
• Following these transactions, Mr. Cohen's spouse indirectly beneficially owns 520,835 shares of Class V-1 Common Stock and 165,940,810 Symbotic Holdings Units (including paired Class V-1 or V-3 Common Stock).
• Mr. Cohen also indirectly beneficially owns 2,215,990 shares of Class V-1 Common Stock and 43,765,590 Symbotic Holdings Units through RJJRP Holdings, Inc., where he is a shareholder, President, and CEO.
• An additional 1,681,133 Symbotic Holdings Units are indirectly beneficially owned through the Richard B. Cohen Revocable Trust, where Mr. Cohen is trustee and sole beneficiary.
• Class V-1 and Class V-3 Common Stock have no economic rights but carry 1 and 3 votes per share, respectively.
• Symbotic Holdings Units are redeemable on a one-for-one basis for Class A Common Stock of Symbotic Inc.

Sentiment

Score: 5

Explanation: The filing is a factual report of insider transactions and does not contain information that would inherently indicate a positive or negative sentiment towards the company's performance or prospects.

Future Outlook

This filing is a report of insider transactions and does not contain forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• The Reporting Person disclaims beneficial ownership of securities held by his spouse and certain trusts, except to the extent of any indirect pecuniary interest, and states that the report shall not be deemed an admission of beneficial ownership for Section 16 purposes or any other purpose.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions and does not provide information related to broader industry trends or competitive landscape.

Related Party Transactions

• Transactions involving the reporting person's spouse and The RBC Millennium GST Non-Exempt Trust, where the spouse is a beneficiary.
• Indirect beneficial ownership through The Tulia Mill Trust, where Mr. Cohen's spouse acts as trustee and immediate family members have a pecuniary interest.
• Indirect beneficial ownership through RJJRP Holdings, Inc., where Richard B. Cohen is a shareholder, President, and Chief Executive Officer.
• Indirect beneficial ownership through the Richard B. Cohen Revocable Trust, where Mr. Cohen is trustee and sole beneficiary.

Stakeholder Impact

• Shareholders: The reported transactions represent a net zero change in the directly reported transactions for the spouse, indicating no immediate significant shift in the insider's direct holdings or intent to sell/buy on the open market. The overall indirect beneficial ownership remains substantial.

Key Dates

Keywords

Symbotic, SYM, Richard B. Cohen, Insider Transaction, Form 4, Beneficial Ownership, Class V-1 Common Stock, Symbotic Holdings Units, Charitable Gift, Trust Distribution