Form 4: Symbotic Director Sells Shares Under Pre-Arranged Plan

Symbotic Inc. Director Todd Krasnow executed a pre-planned sale of 4,000 Class A Common Stock shares on September 3, 2025, following a redemption of Symbotic Holdings Units.

Summary

• Todd Krasnow, a Director of Symbotic Inc., reported transactions on September 3, 2025, involving the redemption of Symbotic Holdings Units and the subsequent sale of Class A Common Stock.
• Mr. Krasnow redeemed 4,000 Symbotic Holdings Units in exchange for an equal number of Class A Common Stock shares.
• Following the redemption, Mr. Krasnow sold a total of 4,000 Class A Common Stock shares.
• The sales were executed in two tranches: 3,154 shares at an average price of $45.5091 and 846 shares at an average price of $46.1292.
• These transactions were conducted pursuant to a Rule 10b5-1 trading plan, which Mr. Krasnow entered into on February 19, 2025.
• The Class V-1 Common Stock, which has no economic rights but carries one vote per share, was canceled and retired for no consideration in connection with the redemption of Symbotic Holdings Units.
• Following these transactions, Mr. Krasnow's direct beneficial ownership of Class V-1 Common Stock is 187,036 shares, and his indirect beneficial ownership of Class V-1 Common Stock through Inlet View, Inc. is 605,079 shares, and through his spouse is 180,000 shares.
• Indirect beneficial ownership of Class A Common Stock is reported as 40,000 shares through trusts and 605,079 shares through Inlet View, Inc.

Sentiment

Score: 5

Explanation: The sale was pre-planned under a 10b5-1 plan, mitigating negative sentiment often associated with insider selling, but still represents a reduction in direct insider holdings. This makes the sentiment neutral.

Positives

• The sale of shares was executed pursuant to a Rule 10b5-1 trading plan, indicating a pre-arranged transaction not based on immediate, undisclosed material information.

Negatives

• A director reducing their direct equity stake in the company, even through a pre-planned sale, can sometimes be perceived negatively by the market as it reduces insider alignment.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Todd Krasnow may be considered the beneficial owner of securities held by Inlet View, Inc., of which he is the President and CEO, disclaiming beneficial ownership except to the extent of his pecuniary interest.
• Todd Krasnow may be considered the beneficial owner of 20,000 shares of Class A Common Stock held by the Krasnow Family 2019 Charitable Remainder Trust and 20,000 shares held by the Todd and Deborah Krasnow CRUT, for which he is trustee and a beneficiary, disclaiming beneficial ownership except to the extent of his pecuniary interest.
• Indirect beneficial ownership is disclosed for 30,000 Symbotic Holdings Units and paired Class V-1 common stock held by Todd Krasnow's spouse.
• Indirect beneficial ownership is disclosed for 150,000 Symbotic Holdings Units and paired Class V-1 common stock held by the Todd J. Krasnow 2024 Irrevocable Trust, where the spouse acts as trustee and immediate family members have a pecuniary interest. Todd Krasnow disclaims voting or investment control and beneficial ownership except for indirect pecuniary interest.

Stakeholder Impact

• Shareholders may view the director's sale as a reduction in insider confidence, although the pre-planned nature of the transaction under Rule 10b5-1 mitigates this concern by indicating it is not based on new, undisclosed information.

Key Dates

Recommendation

The filing reports a pre-planned sale of shares by a director under a Rule 10b5-1 plan. While insider selling can sometimes be a negative signal, the pre-arranged nature of this transaction suggests it is part of the director's personal financial planning rather than a reaction to new, undisclosed material information about the company. Therefore, this single transaction does not provide sufficient new information to warrant a change in investment recommendation, suggesting a 'hold' position is appropriate based solely on this filing.

Keywords

Symbotic, SYM, Insider Trading, Form 4, Stock Sale, Director, Todd Krasnow, 10b5-1 Plan, Class A Common Stock, Beneficial Ownership, Symbotic Holdings Units