Form 4: Symbotic Inc. Executive William M. Boyd, III Sells Shares Under 10b5-1 Trading Plan

William M. Boyd, III, Chief Strategy Officer of Symbotic Inc., sold 11,735 shares of Class A Common Stock on May 1, 2025, under a pre-arranged trading plan.

Summary

• On May 1, 2025, William M. Boyd, III, the Chief Strategy Officer of Symbotic Inc., sold 11,735 shares of Class A Common Stock.
• The sale was executed at a price of $21.9522 per share.
• The transaction was conducted under a trading plan established on August 29, 2024, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
• Following the transaction, Boyd directly owns 36,999 shares of Symbotic Inc.
• The shares were sold in multiple transactions at prices ranging from $21.39 to $22.32.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an executive stock sale under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment, but rather a routine transaction.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 trading plan allows insiders to sell shares over a period of time without being accused of trading on non-public information.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but the existence of a 10b5-1 trading plan mitigates concerns about insider trading.

Key Dates

Keywords

Symbotic Inc., William M. Boyd III, Class A Common Stock, Form 4, SEC, 10b5-1 Trading Plan, Executive Stock Sale