Form 4: Symbotic CFO Carol J. Hibbard Reports Stock Transactions

Carol J. Hibbard, CFO of Symbotic Inc., reports the vesting and sale of shares to cover tax obligations.

Summary

• On February 3, 2025, Carol J. Hibbard, CFO of Symbotic Inc., had restricted stock units convert into 14,253 shares of Class A common stock.
• On February 5, 2025, Ms. Hibbard sold 4,055 shares of Class A common stock at a price of $30.7 to cover tax withholding obligations related to the vesting of restricted stock units.
• Following these transactions, Ms. Hibbard directly owns 44,386 shares of Class A common stock and 99,765 restricted stock units.
• The restricted stock units vest over time, subject to continued service with Symbotic Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

• The sale of shares by the CFO could have a minor, temporary impact on the stock price, but is primarily driven by tax obligations.

Key Dates

Keywords

Symbotic, Hibbard, Stock, CFO, Class A Common Stock, Restricted Stock Units, Form 4, SEC