Form 4: Symbotic Inc. Director Rollin L. Ford Reports Transaction in Beneficial Ownership

Director Rollin L. Ford reports transactions involving Symbotic Inc. Class V-1 and Class A Common Stock, including acquisitions, disposals, and conversions related to trust holdings.

Summary

• On February 20, 2025, Rollin L. Ford, a director of Symbotic Inc., reported transactions involving Class V-1 Common Stock and Class A Common Stock.
• These transactions included the acquisition and disposal of shares, as well as conversions of Symbotic Holdings Units into Class A Common Stock.
• The transactions were primarily related to holdings by various trusts for which Mr. Ford's spouse serves as trustee and in which Mr. Ford's immediate family has a pecuniary interest.
• A total of 28,740 shares of Class A Common Stock were sold at a price of $26.0182 per share.
• Following the reported transactions, Mr. Ford indirectly beneficially owns 1,077,792 shares of Class V-1 Common Stock and Class A Common Stock through spousal and trust holdings.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about ownership changes.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and beneficial ownership of company stock. It does not necessarily reflect broader industry trends but offers insight into the actions of a key company director.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal given the relatively small number of shares involved compared to the total outstanding shares.

Key Dates

Keywords

Symbotic Inc., Rollin L. Ford, Class V-1 Common Stock, Class A Common Stock, Beneficial Ownership, Form 4, SEC, Director, Symbotic Holdings Units, Trusts, Transaction