Form 4: Symbotic Director Gifts Shares, Adjusts Holdings

Symbotic Director Janet L. Cohen reported receiving and subsequently gifting 1 million shares of Class V-1 Common Stock and Symbotic Holdings Units, while maintaining significant indirect holdings.

Summary

• Janet L. Cohen, a Director of Symbotic Inc. (SYM), reported transactions involving Class V-1 Common Stock and Symbotic Holdings Units.
• On December 11, 2025, Ms. Cohen acquired 1,000,000 shares of Class V-1 Common Stock and an equal number of paired Symbotic Holdings Units. This acquisition was a distribution from The RBC Millennium GST Non-Exempt Trust, where Ms. Cohen is a beneficiary.
• On the same date, December 11, 2025, Ms. Cohen disposed of 1,000,000 shares of Class V-1 Common Stock and an equal number of paired Symbotic Holdings Units. This disposition was a bona fide gift to a charitable donor-advised fund, with a price of $0.
• Following these transactions, Ms. Cohen's direct beneficial ownership of Class V-1 Common Stock and Symbotic Holdings Units is 0.
• Ms. Cohen maintains significant indirect beneficial ownership, including 520,835 Class V-1 Common Stock and 14,378,979 Symbotic Holdings Units through The Tilia Mill Trust, where she is a co-trustee.
• Indirect ownership also includes 2,215,990 Class V-1 Common Stock and 45,446,723 Symbotic Holdings Units through her spouse's entities (RJJRP Holdings, Inc. and Richard B. Cohen Revocable Trust).
• Additionally, Ms. Cohen has indirect beneficial ownership of 151,561,831 Symbotic Holdings Units through the RBC Millennium Trust, where she is a co-trustee and beneficiary.
• Symbotic Holdings Units are redeemable on a one-for-one basis for Class A Common Stock of Symbotic Inc., paired with Class V-1 or Class V-3 Common Stock, which have no economic rights but carry voting power (1 vote for V-1, 3 votes for V-3).

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction involving a distribution from a trust and a subsequent charitable gift, resulting in no net change to direct holdings. This is generally considered neutral from a financial analysis perspective.

Industry Context

This filing is a routine insider transaction report and does not provide information directly related to broader industry trends or competitive landscape. It reflects individual director holdings and philanthropic activity.

Related Party Transactions

• The acquisition of securities was a distribution from The RBC Millennium GST Non-Exempt Trust, of which Janet L. Cohen is a beneficiary.
• Janet L. Cohen's indirect beneficial ownership includes securities held by The Tilia Mill Trust, where she is a co-trustee and members of her immediate family have a pecuniary interest.
• Indirect beneficial ownership also includes securities held by RJJRP Holdings, Inc. and The Richard B. Cohen Revocable Trust, where Ms. Cohen's spouse is the Chief Executive Officer or trustee, respectively, and members of her immediate family have a pecuniary interest.
• Indirect beneficial ownership includes securities held by the RBC Millennium Trust, where Ms. Cohen is a co-trustee and one of the beneficiaries.

Stakeholder Impact

• Shareholders: Minimal direct impact as the transaction is a gift and distribution, not a market sale or purchase, and the director's overall beneficial ownership remains substantial through indirect holdings.
• Charitable Donor-Advised Fund: Benefited from the gift of 1,000,000 shares of Class V-1 Common Stock and Symbotic Holdings Units.

Key Dates

Keywords

Symbotic, SYM, Insider Transaction, Form 4, Beneficial Ownership, Director, Stock Gift, Class V-1 Common Stock, Symbotic Holdings Units