Symbotic Inc. (SYM) CFO sells shares after RSU vesting and tax cover
Rhea-AI Filing Summary
Symbotic Inc. Chief Financial Officer Izilda P Martins reported the vesting and settlement of 59,134 restricted stock units into the same number of Class A common shares on July 23, 2026, from a 177,421‑unit grant awarded July 23, 2025.
On July 27, 2026, she sold 27,463 of these shares at a reported $40.80 per share, in trades executed between $40.305 and $41.30, solely to cover tax‑withholding obligations under the company’s mandatory “sell to cover” election. After this vesting, 118,287 restricted stock units from the grant are reported as outstanding.
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Insights
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Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Martins Izilda P
Role
Chief Financial Officer
Sold
27,463 shs ($1.12M)
Approx. gross sale proceeds
$1.12M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F2, F3 | 27,463 | $40.80 | $1.12M |
| Exercise | Restricted Stock Units F4 | 59,134 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 59,134 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 118,287 shares (Direct);
Class A Common Stock — 35,171 shares (Direct)
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- F2. This transaction represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. These sales were mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction, and do not represent discretionary trades by the Reporting Person.
- F3. 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 $40.305 to $41.30, 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.
- F4. On July 23, 2025, the Reporting Person was granted 177,421 restricted stock units that vest as follows: 1/3 of the restricted stock units vest on July 23, 2026, and 1/12 of the restricted stock units vest quarterly thereafter, subject to the Reporting Person continued service with the Issuer on the applicable vesting dates.
Key Figures
Shares sold: 27,463 shares
Reported sale price: $40.80 per share
Sale transaction price range: $40.305–$41.30 per share
+3 more
6 metrics
Shares sold
27,463 shares
Class A Common Stock sold on July 27, 2026 to cover tax withholding
Reported sale price
$40.80 per share
Reported price for the 27,463 Class A shares sold on July 27, 2026
Sale transaction price range
$40.305–$41.30 per share
Range of prices for multiple sale transactions on July 27, 2026
RSUs converted to shares
59,134 units
Restricted stock units that settled into Class A common shares on July 23, 2026
RSUs remaining after vesting
118,287 units
Restricted stock units from the July 23, 2025 grant reported outstanding after July 23, 2026
Original RSU grant size
177,421 units
Restricted stock units granted to the CFO on July 23, 2025
Key Terms
restricted stock units, sell to cover, equity incentive plans, contingent right
4 terms
restricted stock units financial
"The Reporting Person was granted 177,421 restricted stock units that vest as follows"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
sell to cover financial
"tax withholding obligation to be funded by a "sell to cover" transaction"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
equity incentive plans financial
"mandated by the Issuer's election under its equity incentive plans to require"
Equity incentive plans are company programs that pay employees, executives, or directors with company stock, stock options, or share units instead of or in addition to cash, aiming to align their interests with shareholders—like giving team members a stake in the house they help build. For investors this matters because such plans can motivate better company performance but also dilute existing ownership and increase reported compensation costs, so they affect future earnings, voting power, and share value.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Symbotic Inc. (SYM) report for its CFO?
Symbotic Inc. reported that CFO Izilda P Martins had 59,134 restricted stock units vest and settle into Class A common shares, and later sold 27,463 shares to cover tax withholding obligations related to that vesting event.
What restricted stock unit grant does the Symbotic Inc. (SYM) CFO hold?
The CFO was granted 177,421 restricted stock units on July 23, 2025. One‑third vests on July 23, 2026, with the remainder vesting in quarterly installments, and 118,287 units from this grant are reported as outstanding after the July 23, 2026 vesting.