[Form 4] Symbotic Inc. Insider Trading Activity
Rhea-AI Filing Summary
Symbotic Inc. (SYM) Form 4: The RBC Millennium GST Non-Exempt Trust reported same-day transactions on August 22, 2025 that changed its beneficial ownership. The reporting person redeemed 220,000 Symbotic Holdings Units for 220,000 shares of Class A Common Stock and sold an aggregate 220,000 Class A shares that same day. The sales occurred in multiple trades at prices ranging from $45.90 to $47.16 per share, reported in two aggregated ranges of $45.90 to $46.895 and $46.90 to $47.16. Following the transactions, the Trust holds 220,000 shares of Class A Common Stock and beneficial ownership totals shown include 2,072,405 shares of Class V-1 Common Stock and 165,427,479 restricted stock units convertible into Class A shares. The filing notes that redeemed Symbotic Holdings Units and the corresponding Class V-1 shares were cancelled and retired for no consideration.
Positive
- Transparent disclosure of same-day redemption and sale with aggregated price ranges and offer to provide per-trade details upon request
- Procedural compliance evidenced by signed Form 4 and cited Power of Attorney exhibit
Negative
- Insider sale of 220,000 Class A shares reduced the Trust's directly held Class A shares
- Cancellation and retirement of 220,000 Class V-1 shares reduces that class of voting shares, though aggregate governance impact is not quantified
Insights
TL;DR: Routine insider redemption and sale of 220,000 Class A shares by a trust, disclosed with aggregated price ranges.
The transaction appears to be a same-day redemption of Symbotic Holdings Units into Class A Common Stock followed by an aggregate sale of those 220,000 Class A shares on August 22, 2025. The filing discloses sales across two aggregated price ranges from $45.90 to $47.16 per share and affirms availability of detailed per-trade pricing upon request. Post-transaction holdings include 220,000 Class A shares and substantial indirect holdings via Class V-1 shares and restricted stock units. This disclosure meets Section 16 reporting requirements and provides transparent pricing ranges for the market.
TL;DR: Report is a compliant disclosure of a director-affiliated trust's redemption and sale, with cancellation of V-1 shares noted.
The Form 4 documents the mechanics of converting Symbotic Holdings Units into Class A shares and subsequent sales, and confirms the cancellation and retirement of the redeemed Class V-1 shares for no consideration. The filing is signed by an attorney-in-fact and includes an exhibit power of attorney reference, indicating procedural compliance. The cancellation of V-1 shares reduces that class outstanding but the filing does not quantify aggregate governance impact beyond the disclosed holdings, so material control changes are not evidenced here.