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[Form 4] Symbotic Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Very Negative)
Form Type
4

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.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
RBC Millennium GST Non-Exempt Trust

(Last) (First) (Middle)
7 CORPORATE DRIVE

(Street)
KEENE NH 03431

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Symbotic Inc. [ SYM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class V-1 Common Stock(1)(2) 08/22/2025 J(1)(2)(3) 220,000 D (1)(2)(3) 2,072,405 D
Class A Common Stock 08/22/2025 J(1)(2)(3) 220,000 A (1)(2)(3) 220,000 D
Class A Common Stock 08/22/2025 S 187,831 D $46.3527(4) 32,169 D
Class A Common Stock 08/22/2025 S 32,169 D $47.0027(5) 0 D
Class V-3 Common Stock 163,355,074 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units(1)(2) (1)(2) 08/22/2025 J(1)(2)(3) 220,000 (1)(2) (1)(2) Class A Common Stock 220,000 (1)(2) 165,427,479 D
Explanation of Responses:
1. The term "Symbotic Holdings Units" is used herein to represent limited liability company units of Symbotic Holdings and an equal number of paired shares of Class V-1 Common Stock or Class V-3 Common Stock of the Issuer, which, pursuant to the limited liability company agreement of Symbotic Holdings, are together 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 or Class V-3 Common Stock, as applicable.
2. 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. Shares of Class V-3 Common Stock of the Issuer have no economic rights and each share of Class V-3 Common Stock entitles its holder to 3 votes per share.
3. On August 22, 2025, the Reporting Person sold an aggregate of 220,000 shares of Class A Common Stock (the "Stock Sale"). In connection with the Stock Sale, effective August 22, 2025, the Reporting Person redeemed 220,000 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 cancelled the Symbotic Holdings Units and the Issuer cancelled and retired for no consideration the redeemed 220,000 shares of Class V-1 Common Stock.
4. 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 $45.90 to $46.895, 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.
5. 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 $46.90 to $47.16, 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.
Remarks:
Exhibit List: 24.1 - Power of Attorney
/s/ Corey Dufresne, Attorney-in-Fact for The RBC Millennium GST Non-Exempt Trust 08/26/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 4 for Symbotic Inc. (SYM) disclose on August 22, 2025?

The filing discloses redemption of 220,000 Symbotic Holdings Units for 220,000 Class A shares and the sale of those 220,000 Class A shares in multiple transactions on August 22, 2025.

At what prices were the 220,000 Class A shares sold in the SYM Form 4?

Sales were reported in aggregated price ranges of $45.90 to $46.895 per share and $46.90 to $47.16 per share, with detailed per-trade prices available upon request.

How many Class A shares does the reporting trust hold after the transactions?

The Form 4 reports 220,000 shares of Class A Common Stock beneficially owned by the reporting person following the reported transactions.

Were any other share classes affected in the SYM transaction?

Yes. In connection with the redemption, 220,000 shares of Class V-1 Common Stock were cancelled and retired for no consideration.

Who signed the Form 4 for the RBC Millennium GST Non-Exempt Trust?

The Form 4 was signed by Corey Dufresne as Attorney-in-Fact for The RBC Millennium GST Non-Exempt Trust on 08/26/2025.
SYMBOTIC INC

NASDAQ:SYM

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SYM Stock Data

8.78B
96.19M
15.7%
80.36%
12.22%
Specialty Industrial Machinery
General Industrial Machinery & Equipment, Nec
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United States
WILMINGTON