Form 4: Symbotic Inc. Director Todd Krasnow Reports Stock Transactions
SEC Form 4 Filing
Director Todd Krasnow reports the sale and transfer of Symbotic Inc. Class A Common Stock and Symbotic Holdings Units, including transactions involving trusts and a charitable foundation.
Summary
- On February 10, 2025, Todd Krasnow, a director of Symbotic Inc., reported several transactions involving the company's stock.
- He sold 39,553 shares of Class A Common Stock at a price of $27.2749 per share and 10,447 shares at $27.0509.
- Concurrently, he redeemed 39,553 Symbotic Holdings Units for an equal number of Class A Common Stock shares.
- He also transferred 5,000 Symbotic Holdings Units and corresponding Class V-1 common stock shares to the Todd and Deborah Krasnow Foundation as a charitable contribution.
- Additional holdings are reported through Inlet View, Inc., trusts, and his spouse, with disclaimers of beneficial ownership except to the extent of pecuniary interest or control.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by SEC regulations. It provides transparency to investors regarding the trading activities of company executives and directors.
Stakeholder Impact
- The transactions may influence investor perception of the company, depending on the volume and nature of the trades.
- The charitable donation could positively impact the company's image.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of earliest transaction: stock sale, unit redemption, and charitable transfer. |
| 02/12/2025 | Date of signature on the Form 4 filing. |
Keywords
Symbotic Inc., Todd Krasnow, Form 4, Stock Sale, Beneficial Ownership, Class A Common Stock, Symbotic Holdings Units, Director, Transaction
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