SYM.NASDAQSymbotic INC
Form 4: Symbotic Inc. Executive William M. Boyd III Reports Stock Transaction
Sentiment:
SEC Form 4
William M. Boyd III, Chief Strategy Officer of Symbotic Inc., reports the vesting of restricted stock units and conversion into Class A common stock.
Summary
- On July 23, 2024, William M. Boyd III, Chief Strategy Officer of Symbotic Inc., reported a transaction involving restricted stock units.
- 8,826 restricted stock units vested and were converted into 8,826 shares of Class A common stock.
- Following the transaction, Boyd directly owns 31,838 shares of Class A Common Stock.
- Boyd also directly owns 52,956 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock vesting, indicating a neutral sentiment.
Stakeholder Impact
- The transaction affects the holdings of a key executive, which may be of interest to shareholders.
Key Dates
| Date | Description |
|---|---|
| January 23, 2023 | Reporting Person was granted 105,904 restricted stock units that vest as follows: 1/3 of the restricted stock units vest on January 23, 2024, and 1/12 of the restricted stock units vest quarterly thereafter, subject to the Reporting Person continued service with the Issuer on the applicable vesting dates. |
| January 23, 2024 | 1/3 of the restricted stock units granted on January 23, 2023 vested. |
| July 23, 2024 | Transaction date: 8,826 restricted stock units vested and converted to Class A common stock. |
| July 25, 2024 | Date of signature for the Form 4 filing. |
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