[144] Symbotic Inc. SEC Filing
Rhea-AI Filing Summary
SYM affiliate notifies intent to sell up to 9,090,000 shares of Class A Common Stock. The notice lists proposed brokerage placements through J.P. Morgan Securities LLC (3,354,000 shares; $177,325,980.00 aggregate) and Goldman Sachs & Co. LLC (2,236,000 shares; $118,217,320.00). The filing shows shares outstanding 127,215,411 as of 05/27/2026. The shares were acquired upon automatic conversion following the issuer's business combination and were originally acquired between December 2020 and March 2021.
Positive
- None.
Negative
- None.
Insights
Form 144 notifies proposed affiliate sales under resale rules.
Form 144 is a required notice for affiliates proposing to sell restricted or control securities. The filing lists proposed amounts, broker-dealers, and aggregate offering prices for portions of the position.
Timing and execution are subject to market methods and compliance with resale rule conditions; subsequent Form 4/transaction reports or broker confirmations would show completed transfers.
The filing details sizable potential resale volume relative to outstanding shares.
The notice shows up to 9,090,000 shares proposed for sale and broker allocations of 3,354,000 and 2,236,000 shares with stated aggregate proceeds. These figures indicate potential near-term supply pressure if executed.
Actual market impact depends on execution method, pace, and whether the entire quantity is placed; subsequent transactional disclosures will clarify realized volumes.