SYM insider sale: Krasnow redeems 4,000 units, sells Class A stock
Rhea-AI Filing Summary
Todd Krasnow, a director of Symbotic Inc. (SYM), reported multiple transactions on 10/06/2025 that changed his direct and indirect holdings. Under a Rule 10b5-1 trading plan, he sold a total of 4,000 Class A Common Stock shares in several same-day trades at prices ranging roughly from $65.25 to $68.90, and redeemed 4,000 Symbotic Holdings Units for an equal number of Class A shares that were then sold. After the transactions, Inlet View, Inc., an entity where Mr. Krasnow is President and CEO, is reported to beneficially own 601,079 Class A shares indirectly. The filing also discloses additional Class A and Class V-1 holdings through trusts and the reporting person’s spouse, and clarifies disclaimers of beneficial ownership where applicable.
Positive
- Sale executed under a Rule 10b5-1 trading plan, which provides an affirmative defense to insider trading claims
- Clear disclosure of indirect holdings totaling 601,079 Class A shares via Inlet View, Inc., and identification of trust/spouse holdings
Negative
- Reduction of direct liquidity through same-day sales of 4,000 Class A shares, which modestly decreases immediate personal ownership
- Aggregated price reporting (ranges) requires additional documentation to confirm exact execution prices if requested
Insights
Director sold shares under a 10b5-1 plan and retains substantial indirect holdings.
The director executed a planned sale of 4,000 Class A shares on 10/06/2025 and redeemed 4,000 Symbotic Holdings Units prior to sale, consistent with the described trading plan. The filing highlights significant indirect holdings—601,079 Class A shares via Inlet View, Inc., plus trusts and spouse-held units—indicating continued large economic exposure despite the sale.
Key governance considerations include the use of a Rule 10b5-1 plan and the clear disclaimers of beneficial ownership for spouse and trust holdings; monitor any future Form 4s for changes to indirect holdings or additional planned-sale activity within the next 90–180 days.
Transactions executed under an established 10b5-1 plan with aggregated same-day reporting ranges.
The sale was reported as executed pursuant to a trading plan dated 02/19/2025, and the filing aggregates same-day trades into price ranges from approximately $65.25 to $68.90, consistent with SEC aggregation guidance. The report commits to provide detailed execution prices if requested by the issuer or SEC staff.
From a compliance view, documentation of the plan date and the footnote disclosures reduce procedural risk; compliance teams should retain execution records and expect possible follow-up requests for per-trade pricing within customary SEC review timelines.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Symbotic Holdings Units | 4,000 | $0.00 | -- |
| Other | Class V-1 Common Stock | 4,000 | $0.00 | -- |
| Other | Class A Common Stock | 4,000 | $0.00 | -- |
| Sale | Class A Common Stock | 1,303 | $65.9098 | $86K |
| Sale | Class A Common Stock | 1,159 | $66.6009 | $77K |
| Sale | Class A Common Stock | 543 | $67.7907 | $37K |
| Sale | Class A Common Stock | 995 | $68.5438 | $68K |
| holding | Symbotic Holdings Units | -- | -- | -- |
| holding | Symbotic Holdings Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class V-1 Common Stock | -- | -- | -- |
| holding | Class V-1 Common Stock | -- | -- | -- |
Footnotes (1)
- Shares of Class V-1 Common Stock of the Issuer have no economic rights and each share of Class V-1 Common Stock entitles its holder to 1 vote per share. The term "Symbotic Holdings Units" is used herein to represent limited liability company units of Symbotic Holdings LLC ("Symbotic Holdings") and an equal number of paired shares of Class V-1 Common Stock of the Issuer, which, pursuant to the limited liability company agreement of Symbotic Holdings, are redeemable by the holder on a one-for-one basis for a share of Class A Common Stock of the Issuer, subject to conversion rate adjustments for stock splits, stock dividends, reclassification and other similar transactions, and in accordance with other terms and conditions set forth in Symbotic Holdings' Second Amended and Restated Limited Liability Company Agreement, dated as of June 7, 2022. Upon redemption, the Issuer will cancel the Symbotic Holdings Units and cancel and retire for no consideration the redeemed shares of Class V-1 Common Stock. On October 6, 2025, the Reporting Person sold 4,000 shares of Class A Common Stock pursuant to a trading plan entered into by the Reporting Person on February 19, 2025, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the "Stock Sale"). In connection with the Stock Sale and pursuant to the terms of the trading plan, effective October 6, 2025, the Reporting Person redeemed 4,000 Symbotic Holdings Units in exchange for an equal number of shares of Class A Common Stock (the "Redemption"). In connection with the Redemption, Symbotic Holdings canceled the Symbotic Holdings Units, and the Issuer canceled and retired for no consideration the redeemed 4,000 shares of Class V-1 Common Stock. 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 disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. This transaction was executed pursuant to a trading plan entered into by the Reporting Person on February 19, 2025, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. In accordance with SEC guidance authorizing aggregate reporting of same-day purchases and sales, the shares were sold in multiple transactions at prices ranging from $65.25 to $66.24, inclusive. 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. In accordance with SEC guidance authorizing aggregate reporting of same-day purchases and sales, the shares were sold in multiple transactions at prices ranging from $66.255 to $67.11, inclusive. 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. In accordance with SEC guidance authorizing aggregate reporting of same-day purchases and sales, the shares were sold in multiple transactions at prices ranging from $67.405 to $68.21, inclusive. 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. In accordance with SEC guidance authorizing aggregate reporting of same-day purchases and sales, the shares were sold in multiple transactions at prices ranging from $68.255 to $68.90, inclusive. 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 may be considered the beneficial owner of 20,000 shares of Class A Common Stock held by the Krasnow Family 2019 Charitable Remainder Trust and 20,000 shares of Class A Common Stock held by the Todd and Deborah Krasnow CRUT, both of which are trusts for which Mr. Krasnow is trustee and to which Mr. Krasnow is a beneficiary. Mr. Krasnow disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. Consists of (i) 30,000 Symbotic Holdings Units and an equal number of paired shares of Class V-1 common stock held by the Reporting Person's spouse and (ii) 150,000 Symbotic Holdings Units and an equal number of paired shares of Class V-1 common stock held by the Todd J. Krasnow 2024 Irrevocable Trust, in which the Reporting Person's spouse acts as trustee and to which members of the Reporting Person's immediate family have a pecuniary interest. 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.
FAQ
What did Symbotic director Todd Krasnow report on Form 4 (SYM)?
Was the sale planned or discretionary according to the filing for SYM?
Does Todd Krasnow retain other indirect or trust-held Symbotic securities?