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

Symbotic Inc. Director Todd Krasnow reported the sale of 4,000 Class A Common Stock shares on June 11, 2025, executed under a Rule 10b5-1 trading plan.

Summary

• Todd Krasnow, a Director of Symbotic Inc. (SYM), reported a transaction on June 11, 2025, involving the sale of company stock.
• He sold 4,000 shares of Class A Common Stock at an average price of $29.6472 per share. The sales occurred in multiple transactions with prices ranging from $28.065 to $28.99.
• This sale was conducted pursuant to a Rule 10b5-1 trading plan that Mr. Krasnow entered into on February 19, 2025.
• In connection with the stock sale, Mr. Krasnow redeemed 4,000 Symbotic Holdings Units in exchange for an equal number of Class A Common Stock shares.
• Upon redemption, the corresponding 4,000 shares of Class V-1 Common Stock, which have no economic rights but entitle the holder to one vote per share, were canceled and retired for no consideration.
• Following these transactions, Mr. Krasnow's direct beneficial ownership of Class V-1 Common Stock is 189,036 shares.
• His indirect beneficial ownership includes 637,079 Symbotic Holdings Units (convertible to Class A Common Stock) held by Inlet View, Inc., 50,000 Class A Common Stock shares held by two trusts (Krasnow Family 2019 Charitable Remainder Trust and Todd and Deborah Krasnow CRUT), and 180,000 Symbotic Holdings Units and paired Class V-1 Common Stock shares held by his spouse and the Todd J. Krasnow 2024 Irrevocable Trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine insider transaction executed under a pre-arranged trading plan, which is a common practice for personal financial management and does not inherently signal positive or negative company performance.

Positives

• The transaction was executed under a Rule 10b5-1 trading plan, which indicates a pre-scheduled sale and reduces concerns about opportunistic insider trading.

Negatives

• A director selling shares, even under a 10b5-1 plan, can sometimes be interpreted by the market as a signal, though often it is for personal liquidity or diversification purposes.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction and does not provide information related to broader industry trends or competitive landscape.

Related Party Transactions

• Indirect beneficial ownership of securities held by Inlet View, Inc., where Todd Krasnow is President and CEO. Mr. Krasnow disclaims beneficial ownership except to the extent of his pecuniary interest.
• Indirect beneficial ownership of 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 beneficiary. Mr. Krasnow disclaims beneficial ownership except to the extent of his pecuniary interest.
• Indirect beneficial ownership of Symbotic Holdings Units and Class V-1 Common Stock held by the Reporting Person's spouse and the Todd J. Krasnow 2024 Irrevocable Trust, where the spouse acts as trustee. Mr. Krasnow disclaims beneficial ownership and voting/investment control over these securities, except for any indirect pecuniary interest.

Stakeholder Impact

• Shareholders: The sale of 4,000 shares by a director is a relatively small transaction in the context of a publicly traded company and is unlikely to have a significant direct impact on the broader shareholder base, especially given it was pre-planned.

Key Dates

Keywords

Symbotic Inc., SYM, Form 4, Insider Trading, Stock Sale, Director, Rule 10b5-1 Plan, Class A Common Stock, Class V-1 Common Stock, Symbotic Holdings Units