SYM.NASDAQSymbotic INC

Form 4: Symbotic Director Todd Krasnow Executes Pre-Planned Stock Sale

Sentiment:

Insider Trading Report


Symbotic Inc. Director Todd Krasnow reported the sale of 4,000 Class A Common Stock shares on July 7, 2025, pursuant to a Rule 10b5-1 trading plan.

Summary

  • Todd Krasnow, a Director of Symbotic Inc. (SYM), reported transactions on July 7, 2025, executed under a Rule 10b5-1 trading plan established on February 19, 2025.
  • Mr. Krasnow redeemed 4,000 Symbotic Holdings Units, which resulted in the acquisition of 4,000 shares of Class A Common Stock and the cancellation of 4,000 paired Class V-1 Common Stock shares.
  • Concurrently with the redemption, Mr. Krasnow sold all 4,000 of the newly acquired Class A Common Stock shares.
  • The sales were conducted in multiple transactions at weighted average prices of $45.6288 for 279 shares, $46.3677 for 2,907 shares, and $47.1943 for 814 shares.
  • Following these transactions, Mr. Krasnow's beneficial ownership includes 633,079 Class V-1 Common Stock indirectly through Inlet View, Inc., 189,036 Class V-1 Common Stock directly, 180,000 Class V-1 Common Stock indirectly through his spouse, and 50,000 Class A Common Stock indirectly through trusts.

Sentiment

Score: 5

Explanation: Neutral. While it's an insider sale, it was pre-planned under a Rule 10b5-1 plan, which mitigates the negative perception often associated with insider selling. It does not indicate a change in company fundamentals.

Positives

  • The stock sales were executed pursuant to a pre-arranged Rule 10b5-1 trading plan, indicating a scheduled transaction rather than a reaction to recent company performance or news.

Negatives

  • The transaction involves insider selling of Class A Common Stock, which can sometimes be perceived negatively by the market, even if pre-planned.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of an insider's stock transaction and does not provide broader industry context or trends.

Related Party Transactions

  • Todd Krasnow's beneficial ownership includes securities held indirectly by Inlet View, Inc., where he is President and CEO, with beneficial ownership disclaimed except for pecuniary interest.
  • Beneficial ownership also includes Class A Common Stock held by the Krasnow Family 2019 Charitable Remainder Trust and the Todd and Deborah Krasnow CRUT, for which Mr. Krasnow is trustee and a beneficiary, with beneficial ownership disclaimed except for pecuniary interest.
  • Indirect beneficial ownership includes Symbotic Holdings Units and Class V-1 common stock held by his spouse and by the Todd J. Krasnow 2024 Irrevocable Trust, where his spouse acts as trustee, with Mr. Krasnow disclaiming beneficial ownership except for indirect pecuniary interest.

Stakeholder Impact

  • Shareholders: May observe insider selling, which could lead to minor shifts in sentiment, though the pre-planned nature mitigates significant concern.
  • Employees, Customers, Suppliers, Creditors: No direct impact from this specific insider transaction.

Key Dates

DateDescription
02/19/2025Date the Rule 10b5-1 trading plan was entered into by the Reporting Person.
07/07/2025Date of the earliest reported transaction, including the redemption of Symbotic Holdings Units and the sale of Class A Common Stock.
07/09/2025Date the Form 4 filing was signed.

Recommendation

hold

Keywords

Symbotic Inc., SYM, Todd Krasnow, SEC Form 4, Insider Trading, Stock Sale, Rule 10b5-1, Beneficial Ownership, Class A Common Stock, Class V-1 Common Stock, Symbotic Holdings Units

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