Symbotic (NASDAQ: SYM) SVP reports RSU vesting and tax-driven share sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Symbotic Inc. SVP, Commercial Alexander Brian Daniel reported a combination of equity vesting and mandated tax-related share sales. On April 23, he exercised 82,036 restricted stock units (RSUs) into Class A common stock at a $0.00 conversion price, reflecting the settlement of equity awards.
The following day, 37,860 shares of Class A common stock were sold in open-market transactions solely to cover tax withholding obligations tied to this RSU vesting, under a required “sell to cover” election and not as discretionary trades. These sales occurred at weighted-average prices around $60 per share, within ranges of $59.55–$60.51 and $60.56–$60.69.
Footnotes also note 53 shares acquired on February 27, 2026 under the Symbotic Inc. 2022 Employee Stock Purchase Plan and an outstanding grant of 246,135 RSUs awarded on April 23, 2025 that vests over time, starting with one-third on April 23, 2026 and the remainder in quarterly installments, plus a small indirect holding via an HSA.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 37,860 shares ($2,270,542)
Net Sell
5 txns
Insider
Alexander Brian Daniel
Role
SVP, Commercial
Sold
37,860 shs ($2.27M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 36,512 | $59.9477 | $2.19M |
| Sale | Class A Common Stock | 1,348 | $60.6314 | $82K |
| Exercise | Restricted Stock Units | 82,036 | $0.00 | -- |
| Exercise | Class A Common Stock | 82,036 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 45,577 shares (Direct, null);
Restricted Stock Units — 164,099 shares (Direct, null);
Class A Common Stock — 42.77 shares (Indirect, By HSA)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. Includes 53 shares acquired on February 27, 2026 under the Symbotic Inc. 2022 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c). 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. 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 $59.55 to $60.51, 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. 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 $60.56 to $60.69, 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. On April 23, 2025, the Reporting Person was granted 246,135 restricted stock units that vest as follows: 1/3 of the restricted stock units vest on April 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
RSUs converted: 82,036 shares
Shares sold for taxes: 37,860 shares
Sale price ranges: $59.55–$60.69 per share
+3 more
6 metrics
RSUs converted
82,036 shares
Restricted stock units exercised into Class A common stock on April 23, 2026 at $0.00 conversion price
Shares sold for taxes
37,860 shares
Class A shares sold on April 24, 2026 to cover tax withholding obligations from RSU vesting
Sale price ranges
$59.55–$60.69 per share
Open-market sales aggregated across multiple trades under SEC guidance
RSU grant size
246,135 RSUs
Grant dated April 23, 2025 with time-based vesting schedule
Initial RSU vesting
1/3 of 246,135 RSUs
Vests on April 23, 2026, with remaining units vesting quarterly thereafter
ESPP acquisition
53 shares
Shares acquired on February 27, 2026 under Symbotic Inc. 2022 Employee Stock Purchase Plan
Key Terms
restricted stock unit, sell to cover, Rule 16b-3(d), Rule 16b-3(c), +2 more
6 terms
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock."
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, and do not represent discretionary trades"
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.
Rule 16b-3(d) regulatory
"acquired on February 27, 2026 under the Symbotic Inc. 2022 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d)"
Rule 16b-3(c) regulatory
"acquired on February 27, 2026 under the Symbotic Inc. 2022 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c)."
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
Employee Stock Purchase Plan financial
"Shares acquired on February 27, 2026 under the Symbotic Inc. 2022 Employee Stock Purchase Plan in transactions that were exempt"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
HSA financial
"total_shares_following_transaction": "42.7700", "direct_or_indirect": "I", "nature_of_ownership": "By HSA""
A Health Savings Account (HSA) is a tax-advantaged savings account that people use to pay for qualified medical expenses when paired with a high-deductible health insurance plan. Think of it as a personal medical piggy bank that grows tax-free and can be used for doctor visits, prescriptions, and other eligible care. Investors watch HSA growth because rising balances and account use can signal changing consumer healthcare spending, affect insurers, banks, and health-related businesses, and influence demand for medical services and products.
FAQ
What insider transactions did Symbotic (SYM) SVP Alexander Brian Daniel report?
He reported RSU vesting into 82,036 shares of Class A common stock and related sales of 37,860 shares on the market to fund tax withholding obligations, plus a prior small purchase under the employee stock purchase plan.
What RSU grant does the Symbotic (SYM) filing disclose for Alexander Brian Daniel?
The filing notes a grant of 246,135 restricted stock units on April 23, 2025. One-third of these RSUs vest on April 23, 2026, with the remaining two-thirds vesting in equal quarterly installments, subject to continued service with the company.