Symbotic director Charles Kane sells 2,000 shares
Each Symbotic Holdings Unit was redeemable one-for-one for a Class A share; paired Class V-1 shares had one vote per share and no economic rights.
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Form Type
4
Rhea-AI Filing Summary
Symbotic Inc. director Charles Kane reported redeeming 2,000 Symbotic Holdings Units for 2,000 Class A shares on November 2, 2026, with 2,000 paired Class V-1 shares canceled. He also sold 2,000 Class A shares that day in three reported blocks: 600 at $37.4625 per share, 1,000 at $38.5270, and 400 at $39.6750. The sale and redemption were made under a Rule 10b5-1 trading plan entered into on December 8, 2025.
Insider Trade Summary 10b5-1
Net Seller: 2,000 shares
Net Sell
6 txns
Insider
KANE CHARLES
Role
Director
Sold
2,000 shs ($77K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Symbotic Holdings Units F1, F2, F3 | 2,000 | -- | -- |
| Other | Class V-1 Common Stock F1, F2, F3 | 2,000 | -- | -- |
| Other | Class A Common Stock F1, F2, F3 | 2,000 | -- | -- |
| Sale | Class A Common Stock F4, F5 | 600 | $37.4625 | $22K |
| Sale | Class A Common Stock F4, F6 | 1,000 | $38.527 | $39K |
| Sale | Class A Common Stock F4, F7 | 400 | $39.675 | $16K |
Holdings After Transaction:
Symbotic Holdings Units — 579,353 contracts (Direct);
Class V-1 Common Stock — 579,353 shares (Direct);
Class A Common Stock — 89,852 shares (Direct)
Footnotes (7)
- F1. 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.
- F2. 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.
- F3. On November 2, 2026, the Reporting Person sold 2,000 shares of Class A Common Stock pursuant to a trading plan entered into by the Reporting Person on December 8, 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 November 2, 2026, the Reporting Person redeemed 2,000 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 2,000 shares of Class V-1 Common Stock.
- F4. This transaction was executed pursuant to a trading plan entered into by the Reporting Person on Decmeber 8, 2025, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- F5. 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 $37.16 to $37.79, 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.
- F6. 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 $38.21 to $38.97, 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.
- F7. 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 $39.30 to $39.97, 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.
Key Figures
Symbotic Holdings Units redeemed: 2,000 units
Class A shares acquired in redemption: 2,000 shares
Class V-1 shares canceled: 2,000 shares
+4 more
7 metrics
Symbotic Holdings Units redeemed
2,000 units
November 2, 2026
Class A shares acquired in redemption
2,000 shares
November 2, 2026
Class V-1 shares canceled
2,000 shares
November 2, 2026
Class A shares sold
600 shares at $37.4625 per share
November 2, 2026
Class A shares sold
1,000 shares at $38.5270 per share
November 2, 2026
Class A shares sold
400 shares at $39.6750 per share
November 2, 2026
Symbotic Holdings Units following transaction
579,353 units
Reported after the November 2, 2026 transaction
Key Terms
Rule 10b5-1, Symbotic Holdings Units, redemption
3 terms
Rule 10b5-1 regulatory
"in accordance with Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Symbotic Holdings Units technical
"redeemed 2,000 Symbotic Holdings Units"
redemption financial
"in connection with the Redemption"
Redemption is when an issuer or holder settles a financial instrument by paying it off or returning it for cash, such as a bond being paid at maturity or a preferred share bought back by the company. It matters to investors because redemption changes when and how they get their money back, can cut off future income from the investment, and affects the issuer’s cash needs—think of it like a loan being paid off early or a store refunding a returned purchase.
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