Form 4: Symbotic Inc. Director Todd Krasnow Trades Shares
Insider Transaction Report
Symbotic Inc. Director Todd Krasnow reported transactions involving Class A Common Stock and Class V-1 Common Stock, including sales executed under a Rule 10b5-1 trading plan.
Summary
- Director Todd Krasnow of Symbotic Inc. has reported several transactions involving the company's Class A Common Stock and Class V-1 Common Stock.
- These transactions include the sale of Class A Common Stock on May 21, 2026, for prices ranging from $51.00 to $51.01.
- Further sales of Class A Common Stock occurred on July 6, 2026, with prices ranging from $43.325 to $44.315, and other sales between $44.33 and $44.455.
- On July 6, 2026, 2,000 Symbotic Holdings Units were redeemed for an equal number of Class A Common Stock shares, with the Class V-1 Common Stock being canceled.
- These transactions were executed under a Rule 10b5-1 trading plan initiated on December 8, 2025.
- Beneficial ownership is reported indirectly through entities like Inlet View, Inc., a trust, and by his spouse, though Krasnow disclaims beneficial ownership except for his pecuniary interest.
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a neutral to slightly negative filing due to the director's sales of stock, although the use of a 10b5-1 plan mitigates some of the negative implications.
Negatives
- Director Todd Krasnow sold a significant number of Class A Common Stock shares on multiple dates in May and July 2026.
- The sales occurred at prices generally lower than the initial reported sale price of $51.00-$51.01.
Risks
- The filing does not explicitly mention any risks.
- However, significant insider selling can sometimes be perceived negatively by the market, potentially impacting share price, though this is not a stated risk within the document.
Future Outlook
The filing does not contain forward-looking statements or guidance. It solely reports past transactions.
Management Comments
- The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Mr. Krasnow disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- The Reporting Person disclaims beneficial ownership of the securities held by his spouse.
- The Reporting Person does not have voting or investment control over the securities held by the Todd J. Krasnow 2024 Irrevocable Trust and disclaims beneficial ownership of such securities except to the extent that the Reporting Person may be considered to have an indirect pecuniary interest therein.
- This report shall not be deemed an admission that the Reporting Person is the beneficial owner of the spouse's securities or the securities held by the trust for purposes of Section 16 or for any other purpose.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The use of a Rule 10b5-1 plan indicates a pre-arranged strategy for selling shares, often used by executives to diversify holdings or manage personal finances without appearing to trade on material non-public information. The volume and timing of these sales, relative to market conditions and company news, would be critical for further analysis.
Related Party Transactions
- Todd Krasnow may be considered the beneficial owner of securities held by Inlet View, Inc., of which Mr. Krasnow is the President and CEO.
- Mr. Krasnow may be considered the beneficial owner of shares held by the Krasnow Family 2019 Charitable Remainder Trust and the Todd and Deborah Krasnow CRUT, for which he is trustee and beneficiary.
- Securities held by the Reporting Person's spouse and the Todd J. Krasnow 2024 Irrevocable Trust are also noted, with disclaimers of beneficial ownership by Mr. Krasnow except for potential indirect pecuniary interest.
Stakeholder Impact
- Shareholders: May view insider selling with caution, potentially impacting short-term share price sentiment, though the 10b5-1 plan is a mitigating factor.
- Management: Demonstrates adherence to disclosure requirements.
- Employees: May be influenced by insider trading perceptions, though direct impact is minimal.
- Creditors/Suppliers: No direct impact indicated by this filing.
Next Steps
- Continue to monitor future Form 4 filings for any additional transactions by Todd Krasnow or other Symbotic Inc. insiders.
- Analyze the company's stock performance and any related news in conjunction with these insider sales.
Key Dates
| Date | Description |
|---|---|
| 06/07/2022 | Date of Symbotic Holdings' Second Amended and Restated Limited Liability Company Agreement. |
| 12/08/2025 | Date trading plan entered into by Reporting Person in accordance with Rule 10b5-1. |
| 05/21/2026 | Earliest transaction date reported. |
| 07/06/2026 | Date of stock sale, redemption of Symbotic Holdings Units, and cancellation of Class V-1 Common Stock. |
| 07/08/2026 | Date of signature for the filing. |
Recommendation
holdThe filing reports routine insider transactions under a pre-established trading plan (Rule 10b5-1). While the director is selling shares, the plan suggests this is a pre-determined strategy rather than a reaction to new, non-public information. Without other negative indicators in the filing, a 'hold' recommendation is appropriate, suggesting investors monitor further developments rather than making immediate decisions based solely on this transaction report.
Keywords
Symbotic Inc., SYM, Form 4, SEC Filing, Insider Trading, Stock Sale, Class A Common Stock, Class V-1 Common Stock, Rule 10b5-1, Todd Krasnow, Director Transactions
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