Symbotic CTO logs RSU vesting and tax share sale
Symbotic Inc.’s Chief Technology Officer James Kuffner reported routine equity compensation activity.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Symbotic Inc.’s Chief Technology Officer James Kuffner reported routine equity compensation activity. On April 23, 2026, 47,923 restricted stock units converted into the same number of Class A common shares. On April 24, 2026, 19,729 of these shares were sold at an average of $59.8205 per share solely to cover tax withholding obligations under the company’s equity incentive plans, described as a mandatory “sell to cover” rather than a discretionary trade. Following these transactions, Kuffner directly holds 179,255 shares of Class A common stock. A prior grant on January 23, 2025 covered 575,048 restricted stock units with a multi-year vesting schedule.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Kuffner James
Role
Chief Technology Officer
Sold
19,729 shs ($1.18M)
Approx. gross sale proceeds
$1.18M
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 19,729 | $59.8205 | $1.18M |
| Exercise | Restricted Stock Units | 47,923 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 47,923 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 335,462 contracts (Direct);
Class A Common Stock — 179,255 shares (Direct)
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- F2. This transaction represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. These sales were mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction, and do not represent discretionary trades by the Reporting Person.
- F3. 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 $59.56 to $60.09, 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.
- F4. On January 23, 2025, the Reporting Person was granted 575,048 restricted stock units that vest as follows: 1/3 of the restricted stock units vest on January 23, 2026, and 1/12 of the restricted stock units vest quarterly thereafter, subject to the Reporting Person continued service with the Issuer on the applicable vesting dates.
Key Figures
Shares sold for taxes: 19,729 shares
Average sale price: $59.8205 per share
RSUs converted: 47,923 units
+2 more
5 metrics
Shares sold for taxes
19,729 shares
Class A common stock sold on April 24, 2026 to cover tax withholding
Average sale price
$59.8205 per share
Average price for 19,729 shares sold on April 24, 2026
RSUs converted
47,923 units
Restricted stock units converted into Class A shares on April 23, 2026
Shares held after transactions
179,255 shares
Direct Class A common stock ownership following reported transactions
RSU grant size
575,048 restricted stock units
Grant dated January 23, 2025 with multi-year vesting schedule
Key Terms
restricted stock unit, sell to cover, equity incentive plans, contingent right, +1 more
5 terms
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
sell to cover financial
"tax withholding obligation to be funded by a "sell to cover" transaction"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
equity incentive plans financial
"mandated by the Issuer's election under its equity incentive plans"
Equity incentive plans are company programs that pay employees, executives, or directors with company stock, stock options, or share units instead of or in addition to cash, aiming to align their interests with shareholders—like giving team members a stake in the house they help build. For investors this matters because such plans can motivate better company performance but also dilute existing ownership and increase reported compensation costs, so they affect future earnings, voting power, and share value.
contingent right financial
"represents a contingent right to receive one share of the Issuer's Class A common stock"
aggregate reporting regulatory
"SEC guidance authorizing aggregate reporting of same-day purchases and sales"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Symbotic (SYM) CTO James Kuffner report?
James Kuffner reported RSU vesting and a related share sale. 47,923 restricted stock units converted into Class A shares, and 19,729 of those shares were sold only to cover tax withholding obligations mandated under Symbotic’s equity incentive plans.
What is the size and vesting schedule of James Kuffner’s Symbotic (SYM) RSU grant?
James Kuffner holds a 575,048-unit RSU grant from January 23, 2025. According to the filing, one-third vests on January 23, 2026, and one-twelfth vests quarterly thereafter, subject to his continued service with Symbotic.
AI-generated analysis. How Rhea-AI works. Not financial advice.
