Symbotic Inc. (NASDAQ: SYM) director's entity redeems units, sells 2,000 shares
Rhea-AI Filing Summary
Symbotic Inc. director Todd Krasnow, through Inlet View, Inc., restructured and sold a small block of securities on August 3, 2026. Inlet View redeemed 2,000 Symbotic Holdings Units paired with 2,000 shares of Class V-1 Common Stock for 2,000 shares of Class A Common Stock, then sold those 2,000 Class A shares in multiple code S transactions at prices ranging from $43.16 to $46.255 per share under a pre-established Rule 10b5-1 trading plan entered on December 8, 2025.
After these transactions, Krasnow remains associated with significant interests in Symbotic through 194,036 Symbotic Holdings Units directly, 180,000 Symbotic Holdings Units indirectly via his spouse and an irrevocable trust, and 40,000 Class A shares held in charitable remainder trusts, while disclaiming beneficial ownership of many indirect holdings except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,000 shares
Net Sell
12 txns
Insider
KRASNOW TODD
Role
Director
Sold
2,000 shs ($91K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Symbotic Holdings Units F1, F2, F3, F4 | 2,000 | -- | -- |
| Other | Class V-1 Common Stock F1, F2, F3, F4 | 2,000 | -- | -- |
| Other | Class A Common Stock F1, F2, F3, F4 | 2,000 | -- | -- |
| Sale | Class A Common Stock F5, F6, F4 | 194 | $43.7585 | $8K |
| Sale | Class A Common Stock F5, F7, F4 | 598 | $44.7955 | $27K |
| Sale | Class A Common Stock F5, F8, F4 | 1,160 | $45.726 | $53K |
| Sale | Class A Common Stock F5, F9, F4 | 48 | $46.2213 | $2K |
| holding | Symbotic Holdings Units F1, F2 | -- | -- | -- |
| holding | Symbotic Holdings Units F1, F2, F11, F12 | -- | -- | -- |
| holding | Class A Common Stock F10 | -- | -- | -- |
| holding | Class V-1 Common Stock F1, F2 | -- | -- | -- |
| holding | Class V-1 Common Stock F1, F2, F11, F12 | -- | -- | -- |
Holdings After Transaction:
Symbotic Holdings Units — 528,002 shares (Indirect, By Inlet View, Inc.);
Class V-1 Common Stock — 528,002 shares (Indirect, By Inlet View, Inc.);
Class A Common Stock — 0 shares (Indirect, By Inlet View, Inc.);
Symbotic Holdings Units — 194,036 shares (Direct);
Symbotic Holdings Units — 180,000 shares (Indirect, By Spouse);
Class A Common Stock — 40,000 shares (Indirect, By Trust);
Class V-1 Common Stock — 177,036 shares (Direct);
Class V-1 Common Stock — 180,000 shares (Indirect, By Spouse)
Footnotes (12)
- F1. 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.
- F2. 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.
- F3. On August 3, 2026, the Reporting Person sold 2,000 shares of Class A Common Stock pursuant to a trading plan entered into by the Reporting Person on December 8, 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 August 3, 2026, the Reporting Person redeemed 2,000 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 2,000 shares of Class V-1 Common Stock.
- F4. 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.
- F5. This transaction was executed pursuant to a trading plan entered into by the Reporting Person on Decmeber 8, 2025, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- F6. 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 $43.16 to $43.985, 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.
- F7. 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 $44.21 to $45.155, 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.
- F8. 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 $45.195 to $46.155, 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.
- F9. 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 $46.165 to $46.255, 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.
- F10. 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.
- F11. 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.
- F12. 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.
Key Figures
Class A shares sold: 2,000 shares
Sale price range (first tranche): $43.16 to $43.985 per share
Sale price range (highest tranche): $46.165 to $46.255 per share
+5 more
8 metrics
Class A shares sold
2,000 shares
Sold on August 3, 2026 in multiple code S transactions under a Rule 10b5-1 plan
Sale price range (first tranche)
$43.16 to $43.985 per share
Price range for one group of sales executed on August 3, 2026
Sale price range (highest tranche)
$46.165 to $46.255 per share
Highest reported price range for sales on August 3, 2026
Symbotic Holdings Units redeemed
2,000 units
Redeemed on August 3, 2026 for an equal number of Class A Common Stock shares
Symbotic Holdings Units outstanding (direct)
194,036 units
Direct position of Symbotic Holdings Units, each paired with Class V-1 and redeemable into Class A
Symbotic Holdings Units (indirect)
180,000 units
Indirectly held by spouse and an irrevocable trust, with beneficial ownership largely disclaimed
Class A shares in charitable trusts
40,000 shares
Held by two charitable remainder trusts where Krasnow is trustee and beneficiary
Class V-1 shares canceled
2,000 shares
Paired with redeemed Symbotic Holdings Units and retired for no consideration
Key Terms
Symbotic Holdings Units, Class V-1 Common Stock, Rule 10b5-1, beneficial owner, +1 more
5 terms
Symbotic Holdings Units financial
"The term "Symbotic Holdings Units" is used herein to represent limited liab..."
Class V-1 Common Stock financial
"Shares of Class V-1 Common Stock of the Issuer have no economic rights..."
Rule 10b5-1 regulatory
"entered into by the Reporting Person on December 8, 2025, in accordance with Rule 10b5-1..."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
beneficial owner regulatory
"may be considered the beneficial owner of securities held by Inlet View, Inc...."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
pecuniary interest financial
"disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Symbotic (SYM) report for director Todd Krasnow?
An entity linked to Todd Krasnow sold 2,000 shares of Symbotic Class A Common Stock on August 3, 2026. The shares came from redeeming 2,000 Symbotic Holdings Units, with sales executed in multiple trades at prices from $43.16 to $46.255 per share.
What are Symbotic Holdings Units referenced in the Symbotic (SYM) Form 4?
Symbotic Holdings Units represent LLC units of Symbotic Holdings plus paired Class V-1 Common Stock. They are redeemable on a one-for-one basis for Symbotic Class A Common Stock, with adjustment for stock splits and similar events; upon redemption, the units and paired V-1 shares are canceled.
How many Symbotic Holdings Units is Todd Krasnow still associated with after these SYM transactions?
He remains associated with 194,036 Symbotic Holdings Units directly and 180,000 Symbotic Holdings Units indirectly through his spouse and an irrevocable trust. Footnotes state he may be considered a beneficial owner but disclaims ownership except to the extent of any pecuniary interest.
What is Symbotic (SYM) Class V-1 Common Stock mentioned in the filing?
Class V-1 Common Stock carries one vote per share but has no economic rights. In this report, 2,000 Class V-1 shares paired with redeemed Symbotic Holdings Units were canceled and retired for no consideration when exchanged for Class A Common Stock.