SYM.NASDAQSymbotic INC

4/A: Symbotic Director Amends Beneficial Ownership Filing

Sentiment:

Insider Ownership Report Amendment


Symbotic Inc. Director Todd Krasnow filed an amended Form 4 detailing his beneficial ownership of Class A and Class V-1 Common Stock, including indirect holdings through trusts and a spouse.

Summary

  • Todd Krasnow, a Director and 10% Owner of Symbotic Inc. (SYM), filed an amended Form 4 (Form 4/A) on August 18, 2025, to update his beneficial ownership.
  • The filing reflects beneficial ownership as of August 13, 2025, and amends an original filing from August 15, 2025.
  • Krasnow beneficially owns 40,000 shares of Class A Common Stock indirectly through the Krasnow Family 2019 Charitable Remainder Trust and the Todd and Deborah Krasnow CRUT.
  • He directly owns 187,036 shares of Class V-1 Common Stock and an equal number of Symbotic Holdings Units.
  • Indirectly, Krasnow beneficially owns 609,079 shares of Class V-1 Common Stock and Symbotic Holdings Units through Inlet View, Inc., where he serves as President and CEO.
  • An additional 180,000 shares of Class V-1 Common Stock and Symbotic Holdings Units are indirectly beneficially owned through his spouse and the Todd J. Krasnow 2024 Irrevocable Trust.
  • Symbotic Holdings Units, paired with Class V-1 Common Stock, are redeemable on a one-for-one basis for Class A Common Stock.
  • Class V-1 Common Stock provides one vote per share but has no economic rights.
  • Krasnow disclaims beneficial ownership of certain securities held by trusts and his spouse, except to the extent of his pecuniary interest therein, and states he does not have voting or investment control over securities held by the Todd J. Krasnow 2024 Irrevocable Trust.

Sentiment

Score: 5

Explanation: The filing is a routine amendment to an insider ownership report, providing factual information without inherently positive or negative implications for the company's performance or outlook.

Positives

  • A Director and 10% owner, Todd Krasnow, maintains a significant beneficial ownership stake in Symbotic Inc., which aligns his interests with those of other shareholders.
  • The detailed disclosure provides transparency regarding the beneficial ownership structure, including direct and indirect holdings through various entities.

Industry Context

This filing is a routine disclosure of insider stock ownership and does not provide broader industry context or trends.

Related Party Transactions

  • The filing details indirect beneficial ownership through the Krasnow Family 2019 Charitable Remainder Trust, Todd and Deborah Krasnow CRUT, Inlet View, Inc., and the Todd J. Krasnow 2024 Irrevocable Trust, which are considered related parties due to Mr. Krasnow's control or familial relationship. These are disclosures of holdings, not new transactions with related parties.

Stakeholder Impact

  • Shareholders: Provides transparency regarding a significant insider's beneficial ownership, which can indicate alignment of interests between management and shareholders.

Key Dates

DateDescription
08/13/2025Date of earliest transaction reported in the original filing.
08/15/2025Date the original Form 4 was filed.
08/18/2025Date the amended Form 4 (Form 4/A) was filed and signed.

Keywords

Symbotic, SYM, Director, Beneficial Ownership, SEC Filing, Form 4, Insider Ownership, Corporate Governance, Class A Common Stock, Class V-1 Common Stock, Symbotic Holdings Units

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