Form 4: Symbotic Inc. Director Todd Krasnow Reports Stock Transactions

Director Todd Krasnow reports multiple transactions involving Symbotic Inc. Class A and Class V-1 common stock, including sales, a gift to a charitable foundation, and redemptions.

Summary

• On May 12, 2025, Todd Krasnow, a director of Symbotic Inc., gifted 5,000 shares of Class V-1 common stock to the Todd and Deborah Krasnow Foundation.
• On May 13, 2025, Krasnow sold 4,060 shares of Class A common stock at an average price of $26.3992.
• Also on May 13, 2025, Krasnow redeemed 5,940 Symbotic Holdings Units for an equal number of Class A common stock shares and then sold these 5,940 shares at an average price of $26.3766.
• Following these transactions, Krasnow directly owns 189,036 shares of Class V-1 common stock.
• Krasnow also indirectly owns 645,079 shares of Class V-1 common stock and 5,940 shares of Class A common stock through Inlet View, Inc., and 50,000 shares of Class A Common Stock through trusts.
• Additionally, 180,000 shares of Class V-1 common stock are held by Krasnow's spouse.

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 Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the buying and selling activities of company directors and officers.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a director.
• The gift to the charitable foundation could be viewed positively by stakeholders.

Key Dates

Keywords

Symbotic Inc., Todd Krasnow, Class A Common Stock, Class V-1 Common Stock, Symbotic Holdings Units, Director, SEC Form 4, Stock Sale, Redemption, Beneficial Ownership