Symbotic director awarded RSUs and converts 11,860 shares
Symbotic Inc. director Eric Branderiz reported equity compensation and a conversion of awards into shares.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,738 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 11,860 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 11,860 | $0.00 | $0.00 |
Footnotes (4)
- F1. Restricted stock units convert into Class A common stock on a one-for-one basis.
- F2. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- F3. 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.
- F4. 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
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What did Symbotic (SYM) director Eric Branderiz report in this Form 4?
How many Symbotic (SYM) restricted stock units were granted to Eric Branderiz?
When do Eric Branderiz’s new Symbotic (SYM) restricted stock units vest?
Does this Symbotic (SYM) Form 4 show any stock sales by Eric Branderiz?
What does one Symbotic (SYM) restricted stock unit represent for Eric Branderiz?
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