SYM Form 4: Krasnow Redeems Units, Sells 4,000 Class A Shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Todd Krasnow, a director of Symbotic Inc. (SYM), reported transactions on September 3, 2025 under a Rule 10b5-1 trading plan. He redeemed 4,000 Symbotic Holdings Units for an equal number of Class A shares and sold those Class A shares the same day. The sales were executed in multiple transactions at prices ranging from $44.935 to $46.3375 per share. The filing discloses indirect holdings across related entities: 605,079 Class V-1 shares held by Inlet View, Inc., 40,000 Class A shares held by trusts, and 180,000 Class V-1 shares held indirectly by his spouse and an irrevocable trust.
Positive
- Insider sales were executed pursuant to a documented Rule 10b5-1 trading plan, increasing compliance clarity
- Filing discloses exact sale price ranges ($44.935 to $46.3375) and offers to provide per-trade details upon request
- The report includes clear disclaimers about indirect beneficial ownership and trust/spouse holdings
Negative
- Reporting Person sold 4,000 Class A shares on 09/03/2025, reducing Inlet View, Inc.'s reported Class A ownership to 0
- The sale involved immediate redemption and disposal of paired units and V-1 shares, which reduces the reporting person's liquid Class A exposure
Insights
TL;DR: Insider executed a planned same-day redemption and sale of 4,000 Class A shares under a Rule 10b5-1 plan at mid-$40s prices.
The transaction is routine in form: a redemption of Symbotic Holdings Units into Class A shares followed by an immediate sale under a pre-established trading plan. The filing provides precise sale-price ranges and confirms aggregate same-day reporting. The remaining reported beneficial positions are largely indirect and held via entities and trusts, which the reporting person disclaims except for pecuniary interest.
TL;DR: Use of a documented 10b5-1 plan and clear disclaimers of indirect ownership indicate compliance with insider-trading disclosure norms.
The Form 4 clearly states the trading plan origin date (February 19, 2025) and includes boilerplate disclaimers about indirect holdings and trustee relationships. Disclosure of spouse and trust holdings, and the cancelation/retirement of redeemed V-1 shares, improves transparency about control and voting-class structures.
Insider Trade Summary
Net Seller: 4,000 shares ($182,561)
Net Sell
10 txns
Insider
KRASNOW TODD
Role
Director
Sold
4,000 shs ($183K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Symbotic Holdings Units | 4,000 | $0.00 | -- |
| Other | Class V-1 Common Stock | 4,000 | $0.00 | -- |
| Other | Class A Common Stock | 4,000 | $0.00 | -- |
| Sale | Class A Common Stock | 3,154 | $45.5091 | $144K |
| Sale | Class A Common Stock | 846 | $46.1292 | $39K |
| holding | Symbotic Holdings Units | -- | -- | -- |
| holding | Symbotic Holdings Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class V-1 Common Stock | -- | -- | -- |
| holding | Class V-1 Common Stock | -- | -- | -- |
Holdings After Transaction:
Symbotic Holdings Units — 605,079 shares (Indirect, By Inlet View, Inc.);
Class V-1 Common Stock — 605,079 shares (Indirect, By Inlet View, Inc.);
Class A Common Stock — 4,000 shares (Indirect, By Inlet View, Inc.);
Symbotic Holdings Units — 194,036 shares (Direct);
Class V-1 Common Stock — 187,036 shares (Direct)
Footnotes (1)
- 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. The term "Symbotic Holdings Units" is used herein to represent limited liability company units of Symbotic Holdings LLC ("Symbotic Holdings") and an equal number of paired shares of Class V-1 Common Stock of the Issuer, which, pursuant to the limited liability company agreement of Symbotic Holdings, are 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. On September 3, 2025, the Reporting Person sold 4,000 shares of Class A Common Stock pursuant to a trading plan entered into by the Reporting Person on February 19, 2025, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the "Stock Sale"). In connection with the Stock Sale and pursuant to the terms of the trading plan, effective September 3, 2025, the Reporting Person redeemed 4,000 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 canceled the Symbotic Holdings Units, and the Issuer canceled and retired for no consideration the redeemed 4,000 shares of Class V-1 Common Stock. Todd Krasnow may be considered the beneficial owner of securities held by Inlet View, Inc., of which Mr. Krasnow is the President and CEO. Mr. Krasnow disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. This transaction was executed pursuant to a trading plan entered into by the Reporting Person on February 19, 2025, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. 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 $44.935 to $45.925, 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 $45.94 to $46.3375, 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. 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. Consists of (i) 30,000 Symbotic Holdings Units and an equal number of paired shares of Class V-1 common stock held by the Reporting Person's spouse and (ii) 150,000 Symbotic Holdings Units and an equal number of paired shares of Class V-1 common stock held by the Todd J. Krasnow 2024 Irrevocable Trust, in which the Reporting Person's spouse acts as trustee and to which members of the Reporting Person's immediate family have a pecuniary interest. The Reporting Person disclaims beneficial ownership of the securities held by his spouse. The Reporting Person does not have voting or investment control over the securities held by the Todd J. Krasnow 2024 Irrevocable Trust and disclaims beneficial ownership of such securities except to the extent that the Reporting Person may be considered to have an indirect pecuniary interest therein. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of the spouse's securities or the securities held by the trust for purposes of Section 16 or for any other purpose.
FAQ
What did Todd Krasnow sell in the Form 4 for Symbotic (SYM)?
He redeemed 4,000 Symbotic Holdings Units for Class A shares and sold those 4,000 Class A shares on 09/03/2025.
Were the sales part of a trading plan for SYM insider transactions?
Yes. The filing states the transactions were conducted pursuant to a 10b5-1 trading plan entered into on February 19, 2025.
What holdings does the Form 4 report after the transactions?
The filing reports 605,079 Class V-1 shares held by Inlet View, Inc., 40,000 Class A shares held by trusts, and 180,000 Class V-1 shares held indirectly by spouse/trust interests.