Symbotic (SYM) director Eric Branderiz granted RSUs and converts 11,860 into Class A stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Symbotic Inc. director Eric Branderiz reported equity compensation and a conversion of awards into shares. On March 5, 2026, he received a grant of 4,738 restricted stock units, each representing a right to one share of Class A common stock. These units vest in full on the earliest of March 5, 2027, the company’s 2027 annual stockholder meeting, or a change of control, subject to continued service.
On the same date, 11,860 restricted stock units were exercised and converted into 11,860 shares of Class A common stock at a price of $0.00 per share, reflecting a standard equity award conversion rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
11,860 shares exercised/converted
Mixed
3 txns
Insider
Branderiz Eric
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,738 | $0.00 | -- |
| Exercise | Restricted Stock Units | 11,860 | $0.00 | -- |
| Exercise | Class A Common Stock | 11,860 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 4,738 shares (Direct);
Class A Common Stock — 11,860 shares (Direct)
Footnotes (1)
- Restricted stock units convert into Class A common stock on a one-for-one basis. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. The restricted stock units vest in full upon the earliest of: (1) March 5, 2027, (2) the Issuer's 2027 Annual Meeting of Stockholders or (3) a change of control of the Issuer, subject to the Reporting Person's continued service with the Issuer on the vesting date. On May 14, 2025, the Reporting Person was granted 11,860 restricted stock units that vest in full upon the earliest of: (1) March 6, 2024, (2) the Issuer's 2026 Annual Meeting of Stockholders or (3) a change of control of the Issuer, subject to the Reporting Person's continued service with the Issuer on the vesting date.
FAQ
What did Symbotic (SYM) director Eric Branderiz report in this Form 4?
Eric Branderiz reported equity compensation activity, not an open-market trade. He received 4,738 restricted stock units and exercised 11,860 restricted stock units into 11,860 shares of Symbotic Class A common stock at $0.00 per share as part of his director compensation.
How many Symbotic (SYM) restricted stock units were granted to Eric Branderiz?
Eric Branderiz was granted 4,738 restricted stock units. Each unit represents a contingent right to receive one share of Symbotic’s Class A common stock, subject to vesting conditions tied to service and timing events such as the 2027 annual meeting or a change of control.
When do Eric Branderiz’s new Symbotic (SYM) restricted stock units vest?
The 4,738 restricted stock units vest in full at the earliest of March 5, 2027, Symbotic’s 2027 annual meeting of stockholders, or a change of control. Vesting requires Eric Branderiz to continue providing service to Symbotic through the applicable vesting date.
Does this Symbotic (SYM) Form 4 show any stock sales by Eric Branderiz?
No stock sales are reported for Eric Branderiz here. The Form 4 shows only acquisitions: a new grant of 4,738 restricted stock units and the exercise of 11,860 restricted stock units into an equal number of Class A common shares at no cash exercise price.
What does one Symbotic (SYM) restricted stock unit represent for Eric Branderiz?
Each restricted stock unit represents a contingent right to receive one share of Symbotic’s Class A common stock. Delivery of those shares depends on satisfying vesting conditions, including reaching specified dates or corporate events while Eric Branderiz continues to serve the company.