[Form 4] Symbotic Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Insider Trade Summary
Net Seller: 25,000 shares ($1,225,000)
Net Sell
8 txns
Insider
Boyd William M III
Role
Chief Strategy Officer
Sold
25,000 shs ($1.23M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Symbotic Holdings Units | 25,000 | $0.00 | -- |
| Other | Class V-1 Common Stock | 25,000 | $0.00 | -- |
| Other | Class A Common Stock | 25,000 | $0.00 | -- |
| Sale | Class A Common Stock | 25,000 | $49.00 | $1.23M |
| holding | Symbotic Holdings Units | -- | -- | -- |
| holding | Symbotic Holdings Units | -- | -- | -- |
| holding | Class V-1 Common Stock | -- | -- | -- |
| holding | Class V-1 Common Stock | -- | -- | -- |
Holdings After Transaction:
Symbotic Holdings Units — 25,000 shares (Direct);
Class V-1 Common Stock — 25,000 shares (Direct);
Class A Common Stock — 59,544 shares (Direct);
Symbotic Holdings Units — 250,000 shares (Indirect, By the William M. Boyd, III 2025 Qualified Annuity Trust);
Class V-1 Common Stock — 250,000 shares (Indirect, By William M. Boyd, III 2025 Qualified Annuity Trust)
Footnotes (1)
- The term "Symbotic Holdings Units" is used herein to represent limited liability company units of 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 together 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. 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. On July 10, 2025, the Reporting Person sold 25,000 shares of Class A Common Stock pursuant to a trading plan entered into by the Reporting Person on August 29, 2024, 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 July 10, 2025, the Reporting Person redeemed 25,000 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 25,000 shares of Class V-1 Common Stock. This transaction was executed pursuant to a trading plan entered into by the Reporting Person on August 29, 2024, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
