[144] Symbotic Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 filed for Symbotic Inc. (SYM) reports a proposed sale of 32,000 Common A shares through Goldman Sachs & Co. LLC with an aggregate market value of $1,717,760. The filing lists total shares outstanding as 111,314,938, and an approximate sale date of 08/13/2025.
The securities were acquired from the issuer in a public offering on 05/05/2022. The seller, identified in recent sales as Inlet View, Inc., sold 4,000 shares on each of 05/27/2025, 06/11/2025, 07/07/2025 and 08/04/2025, totaling 16,000 shares and gross proceeds of $635,728.40. The filer also signs the standard representation that no undisclosed material adverse information is known.
Positive
- Securities were acquired in a public offering, as disclosed (05/05/2022), indicating documented provenance of the shares.
- Broker listed is Goldman Sachs & Co. LLC, suggesting the proposed sale will be executed through an established institutional broker.
Negative
- Seller executed 16,000 share sales in the past three months, generating gross proceeds of $635,728.40.
- Filing proposes an additional 32,000 share sale with aggregate market value of $1,717,760, which increases share supply from this holder.
Insights
TL;DR: A modest secondary sale planned; transaction size is tiny relative to outstanding shares.
The filing documents a proposed sale of 32,000 Common A shares for $1,717,760 via Goldman Sachs, representing roughly 0.03% of the 111.3 million shares outstanding. The securities were acquired in a public offering on 05/05/2022, and the seller executed four recent disposals totaling 16,000 shares with gross proceeds of $635,728.40. From a market-impact perspective, the absolute size is small and unlikely to be material to the company’s capitalization, though it increases the available float in the near term.
TL;DR: Filing is routine and contains standard representations; timing and prior sales are disclosed.
The Form 144 includes customary disclosures: acquisition method (public offering on 05/05/2022), broker identification (Goldman Sachs & Co. LLC), and recent sales by the same seller. The seller’s representation that no undisclosed material adverse information exists is standard. The disclosed past sales (16,000 shares) and the proposed sale (32,000 shares) are transparent and consistent with regulatory requirements for reporting intended dispositions by an affiliate or control person.