Form 4: Symbotic Inc. CFO Carol J. Hibbard Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Carol J. Hibbard, CFO of Symbotic Inc., reports the acquisition of 100,554 restricted stock units convertible to Class A common stock.
Summary
- On January 23, 2025, Carol J. Hibbard, the Chief Financial Officer of Symbotic Inc., acquired 100,554 restricted stock units.
- Each restricted stock unit represents a contingent right to receive one share of Symbotic Inc.'s Class A common stock.
- The restricted stock units vest as follows: 1/3 on January 23, 2026, and 1/12 quarterly thereafter, contingent upon continued service with the Issuer.
Sentiment
Score: 7
Explanation: Neutral sentiment as it's a routine disclosure of stock unit acquisition. It indicates confidence from the CFO in the company's future, but it's not a major event.
Positives
- The acquisition of restricted stock units by the CFO aligns her interests with the long-term success of the company.
Industry Context
This is a standard disclosure related to executive compensation and is common in publicly traded companies.
Stakeholder Impact
- The acquisition of restricted stock units by the CFO could have a slightly positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 01/23/2025 | Date of transaction: Carol J. Hibbard acquired restricted stock units. |
| 01/23/2026 | Vesting start date: 1/3 of the restricted stock units vest. |
| 01/27/2025 | Date of report filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.