Form 4: Symbotic CSO Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Symbotic Inc.'s Chief Strategy Officer, William M. Boyd III, sold 2,660 shares of Class A Common Stock on October 15, 2025, through a pre-arranged Rule 10b5-1 trading plan.
Summary
- William M. Boyd III, Chief Strategy Officer of Symbotic Inc. (SYM), reported the sale of Class A Common Stock.
- The transactions occurred on October 15, 2025.
- A total of 2,660 shares of Class A Common Stock were disposed of in multiple transactions.
- The shares were sold at weighted average prices ranging from $72.3833 to $79.35 per share.
- These sales were executed pursuant to a Rule 10b5-1 trading plan established by the Reporting Person on August 29, 2024.
- Following these transactions, William M. Boyd III directly beneficially owns 26,769 shares of Class A Common Stock.
Sentiment
Score: 4
Explanation: The sale of shares by a Chief Strategy Officer, even under a Rule 10b5-1 plan, represents a reduction in direct insider ownership. While pre-planned, it can still be viewed with slight caution by some investors, though it doesn't necessarily signal a negative outlook on the company's future.
Positives
- The transactions were executed pursuant to a Rule 10b5-1 trading plan, indicating they were pre-scheduled and not based on immediate, non-public information, which enhances transparency and reduces concerns about opportunistic selling.
Negatives
- The Chief Strategy Officer reduced their direct beneficial ownership by 2,660 shares, which could be interpreted by some investors as a slight reduction in insider conviction, although mitigated by the 10b5-1 plan.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders may observe a slight reduction in insider ownership, which could marginally influence market sentiment, though the pre-planned nature of the sale mitigates significant concern.
Key Dates
| Date | Description |
|---|---|
| 08/29/2024 | Date Rule 10b5-1 trading plan was entered into by the Reporting Person. |
| 10/15/2025 | Date of reported transactions (sales of Class A Common Stock). |
| 10/17/2025 | Date the Form 4 was signed by the Attorney-in-Fact for the Reporting Person. |
Keywords
Symbotic, SYM, insider trading, Form 4, stock sale, William M. Boyd III, Chief Strategy Officer, 10b5-1 plan
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