Symbotic director awarded RSUs, exercises stock units
Symbotic Inc. director Charles Kane reported equity awards tied to his board service.
Rhea-AI Filing Summary
Symbotic Inc. director Charles Kane reported equity awards tied to his board service. He received 4,738 restricted stock units (RSUs) and exercised 10,345 RSUs into an equal number of Class A shares at $0 per share, bringing his direct Class A holdings to 89,852 shares.
Each RSU converts into one Class A share. One RSU grant vests in full at the earliest of March 6, 2026, the 2026 annual meeting, or a change of control; the newer grant vests on a similar schedule anchored to March 5, 2027, in each case subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,738 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 10,345 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 10,345 | $0.00 | $0.00 |
Footnotes (4)
- F1. Restricted stock units convert into Class A common stock on a one-for-one basis.
- F2. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- F3. The restricted stock units vest in full upon the earliest of: (1) March 5, 2027, (2) the Issuer's 2027 Annual Meeting of Stockholders or (3) a change of control of the Issuer, subject to the Reporting Person's continued service with the Issuer on the vesting date.
- F4. The restricted stock units vest in full upon the earliest of: (1) March 6, 2026, (2) the Issuer's 2026 Annual Meeting of Stockholders or (3) a change of control of the Issuer, subject to the Reporting Person's continued service with the Issuer on the vesting date.
FAQ
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What insider transactions did Symbotic (SYM) director Charles Kane report?
What are the vesting terms of Charles Kane’s new Symbotic (SYM) RSU grant?
What earlier Symbotic (SYM) RSU grant for Charles Kane is referenced in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.