SYM insider Krasnow redeems 20,000 units and sells 30,000 Class A shares at ~$51–$52
Rhea-AI Filing Summary
Todd Krasnow, a director of Symbotic Inc. (SYM), reported same-day transactions on 08/13/2025 involving transfers between Class V-1 Common Stock, Symbotic Holdings Units and Class A Common Stock. He redeemed 20,000 Symbotic Holdings Units for 20,000 shares of Class A Common Stock and sold an aggregate 30,000 shares of Class A Common Stock in multiple transactions at prices ranging approximately from $51.20 to $52.16 and $51.20 to $51.59 for certain trust-held lots. After the reported transactions, Mr. Krasnow beneficially owned 609,079 shares of Class A Common Stock indirectly via Inlet View, Inc., held 20,000 direct Class A shares, and retained indirect interests in additional Class V-1/Common stock units held by family members and trusts.
Positive
- None.
Negative
- None.
Insights
TL;DR Insider sold and redeemed shares the same day; holdings remain largely unchanged given substantial indirect ownership.
Mr. Krasnow executed a redemption of 20,000 Symbotic Holdings Units into Class A Common Stock and sold 30,000 Class A shares on 08/13/2025 at prices reported in ranges between $51.20 and $52.16. Following the transactions, he continues to have significant indirect exposure with 609,079 Class A shares attributed to Inlet View, Inc., plus family and trust-held units. The activity appears to be routine liquidity-taking rather than a change in control or divestiture, and the report disclaims direct beneficial ownership of many trust and spouse-held securities.
TL;DR Transactions follow standard Section 16 disclosure norms; related-party and trust holdings are properly disclosed and disclaimed.
The Form 4 documents a same-day redemption and sale with clear footnotes addressing aggregated pricing per SEC guidance, and disclaims beneficial ownership of spouse and certain trust holdings except for pecuniary interest. Disclosure of indirect ownership through Inlet View, Inc. and trusts is explicit, meeting transparency expectations for director trading. No governance red flags or material changes in control are indicated by the filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Symbotic Holdings Units | 20,000 | $0.00 | -- |
| Other | Class V-1 Common Stock | 20,000 | $0.00 | -- |
| Other | Class A Common Stock | 20,000 | $0.00 | -- |
| Sale | Class A Common Stock | 20,000 | $51.6774 | $1.03M |
| Sale | Class A Common Stock | 10,000 | $51.2698 | $513K |
| holding | Symbotic Holdings Units | -- | -- | -- |
| holding | Class V-1 Common Stock | -- | -- | -- |
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 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 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. On August 13, 2025, the Reporting Person sold 20,000 shares of Class A Common Stock (the "Stock Sale"). In connection with the Stock Sale, effective August 13, 2025, the Reporting Person redeemed 20,000 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 20,000 shares of Class V-1 Common Stock. Mr. 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. 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 $51.20 to $52.16, 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. Consists of 5,000 shares sold by the Krasnow Family 2019 Charitable Remainder Trust and 5,000 shares sold by the Todd and Deborah Krasnow CRUT. 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 $51.20 to $51.59, 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 the remaining 20,000 shares of Class A Common Stock held by the Krasnow Family 2019 Charitable Remainder Trust and the remaining 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 report on Form 4 for SYM?
Are there any disclaimers about beneficial ownership in the Form 4?
Did the Form 4 aggregate same-day purchase and sale prices per SEC guidance?