SoftBank-linked holder sells 5.59M Symbotic (SYM) shares in open market
Rhea-AI Filing Summary
SoftBank-affiliated entities reported major changes in their Symbotic Inc. holdings. An entity associated with SoftBank, SVF Sponsor III (DE) LLC, sold 5,590,000 shares of Symbotic Class A common stock in open-market transactions at $50.415 per share, leaving it with no remaining shares.
Other SoftBank-related entities reported continuing indirect holdings as of the same date, including 2,000,000 shares held by SB Northstar LP, 17,825,312 shares held by SVF II Strategic Investments AIV LLC, and 20,000,000 shares held by SVF II SPAC Investment 3 (DE) LLC.
Positive
- None.
Negative
- None.
Insights
SoftBank-linked holder executed a sizable Symbotic share sale while other related entities retained large positions.
The filing shows an entity associated with SoftBank Group Corp., SVF Sponsor III (DE) LLC, completed an open-market sale of 5,590,000 Symbotic Class A shares at $50.415 per share. This reduced that entity’s direct Symbotic holdings to zero.
At the same time, other SoftBank-related vehicles reported continuing indirect holdings of 2,000,000, 17,825,312, and 20,000,000 shares through SB Northstar LP, SVF II Strategic Investments AIV LLC, and SVF II SPAC Investment 3 (DE) LLC. The net effect is a shift in how SoftBank-affiliated entities hold Symbotic exposure rather than a complete exit.
The transactions are non-derivative, with no remaining derivative positions disclosed in this filing. Future company filings may clarify how these large indirect holdings evolve over time and whether additional open-market activity occurs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,590,000 | $50.415 | $281.82M |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
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Key Figures
Key Terms
open-market sale financial
ten percent owner regulatory
indirect ownership financial
Class A Common Stock financial
SoftBank Vision Fund II-2 L.P. financial
FAQ
What insider transaction in Symbotic (SYM) does this Form 4 report?
The Form 4 reports that SVF Sponsor III (DE) LLC, an entity associated with SoftBank, sold 5,590,000 shares of Symbotic Class A common stock. The sale was executed as an open-market transaction at a price of $50.415 per share.
Were any derivative securities or options in Symbotic (SYM) reported in this Form 4?
No derivative securities were reported in this Form 4. The derivative summary is empty, indicating no option exercises, conversions, or other derivative transactions related to Symbotic shares in this particular filing.