Form 4: Symbotic Inc. Director Todd Krasnow Reports Stock Sale and Holdings Unit Redemption

Director Todd Krasnow reports the sale of 2,000 shares of Class A Common Stock and redemption of 2,000 Symbotic Holdings Units on April 4, 2025, pursuant to a pre-arranged trading plan.

Summary

• On April 4, 2025, Todd Krasnow, a director of Symbotic Inc., executed a sale of 2,000 shares of Class A Common Stock at a price of $17.51 per share.
• This transaction was conducted under a pre-arranged trading plan established on February 26, 2024, in accordance with Rule 10b5-1.
• Simultaneously, Krasnow redeemed 2,000 Symbotic Holdings Units for an equal number of Class A Common Stock shares.
• Following these transactions, Krasnow directly owns 4,060 shares of Class A Common Stock and indirectly owns a significant number of shares through Inlet View, Inc., a trust, and his spouse.
• Krasnow also indirectly holds Symbotic Holdings Units through Inlet View, Inc. and his spouse.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the pre-arranged trading plan mitigates concerns about insider trading.

Key Dates

Keywords

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