Symbotic (SYM) director acquires Class A shares via RSU grant
Rhea-AI Filing Summary
Symbotic Inc. director Todd Krasnow reported equity compensation activity and updated share holdings. On March 5, 2026, he received a grant of 4,738 restricted stock units (RSUs), each representing a contingent right to one share of Class A common stock. These RSUs vest in full on the earliest of March 5, 2027, the company’s 2027 annual stockholders’ meeting, or a change of control, subject to his continued service. He also exercised 10,345 previously granted RSUs into 10,345 shares of Class A common stock at a stated price of $0.00 per share. The filing notes 40,000 Class A shares are held indirectly by two charitable remainder trusts for which he serves as trustee and is a beneficiary, and he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,738 | $0.00 | -- |
| Exercise | Restricted Stock Units | 10,345 | $0.00 | -- |
| Exercise | Class A Common Stock | 10,345 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Restricted stock units convert into Class A common stock on a one-for-one basis. 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. 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 March 6, 2025, the Reporting Person was granted 10,345 restricted stock units that vest in full upon the earliest of: (1) March 6, 2026, (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.