Symbotic (NASDAQ: SYM) director Krasnow sells shares and gifts units
Rhea-AI Filing Summary
Symbotic Inc. director Todd Krasnow reported several equity transactions on May 22, 2026. He sold a total of 26,633 shares of Class A Common Stock in open-market transactions, including 6,978 shares sold directly at an average price of $52.1176 per share and 19,655 shares sold through Inlet View, Inc. at an average price of $53.7267 per share. In connection with the 19,655‑share sale, an equal number of Symbotic Holdings Units were redeemed for Class A shares, and the related Symbotic Holdings Units and paired Class V‑1 shares were canceled and retired for no consideration. Krasnow also made a bona fide gift of 5,000 Symbotic Holdings Units and an equal number of paired Class V‑1 shares to the Todd and Deborah Krasnow Foundation, over which he has voting and investment power. After these transactions, he holds 3,367 Class A shares directly and maintains various indirect holdings, including Symbotic Holdings Units representing 180,000 underlying Class A shares held through family-related entities where beneficial ownership is partially disclaimed.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 31,633 shares
Net Sell
10 txns
Insider
KRASNOW TODD
Role
Director
Sold
26,633 shs ($1.42M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Symbotic Holdings Units | 5,000 | $0.00 | $0.00 |
| Other | Symbotic Holdings Units | 19,655 | $0.00 | $0.00 |
| Gift | Class V-1 Common Stock | 5,000 | $0.00 | $0.00 |
| Other | Class V-1 Common Stock | 19,655 | $0.00 | $0.00 |
| Other | Class A Common Stock | 19,655 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 19,655 | $53.7267 | $1.06M |
| Sale | Class A Common Stock | 6,978 | $52.1176 | $364K |
| holding | Symbotic Holdings Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class V-1 Common Stock | -- | -- | -- |
Holdings After Transaction:
Symbotic Holdings Units — 177,036 shares (Direct);
Symbotic Holdings Units — 534,002 shares (Indirect, By Inlet View, Inc.);
Class V-1 Common Stock — 177,036 shares (Direct);
Class V-1 Common Stock — 534,002 shares (Indirect, By Inlet View, Inc.);
Class A Common Stock — 0 shares (Indirect, By Inlet View, Inc.);
Class A Common Stock — 3,367 shares (Direct);
Symbotic Holdings Units — 180,000 shares (Indirect, By Spouse);
Class A Common Stock — 40,000 shares (Indirect, By Trust);
Class V-1 Common Stock — 180,000 shares (Indirect, By Spouse)
Footnotes (10)
- 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 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.
- F3. On May 22, 2026, the Reporting Person transferred 5,000 Symbotic Holdings Units and an equal number of paired shares of Class V-1 common stock to the Todd and Deborah Krasnow Foundation, a charitable foundation of which the Reporting Person is a trustee. The Reporting Person has voting and investment power over all securities owned by the foundation.
- F4. On May 22, 2026, the Reporting Person sold 19,655 shares of Class A Common Stock (the "Stock Sale"). In connection with the Stock Sale, effective May 22, 2026, the Reporting Person redeemed 19,655 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 19,655 shares of Class V-1 Common Stock.
- F5. Todd 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.
- 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 $53.33 to $54.10, 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 $51.865 to $52.40, 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.
- F8. Todd Krasnow may be considered the beneficial owner of 20,000 shares of Class A Common Stock held by the Krasnow Family 2019 Charitable Remainder Trust and 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.
- F9. 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.
- F10. 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.
Key Figures
Direct Class A shares sold: 6,978 shares at $52.1176
Indirect Class A shares sold via Inlet View, Inc.: 19,655 shares at $53.7267
Total Class A shares sold: 26,633 shares
+5 more
8 metrics
Direct Class A shares sold
6,978 shares at $52.1176
Open-market sale on May 22, 2026
Indirect Class A shares sold via Inlet View, Inc.
19,655 shares at $53.7267
Open-market sale on May 22, 2026
Total Class A shares sold
26,633 shares
Combined direct and Inlet View, Inc. sales
Class A shares held directly after transactions
3,367 shares
Post-transaction direct ownership
Gifted Symbotic Holdings Units
5,000 units
Bona fide gift to foundation on May 22, 2026
Underlying Class A from Symbotic Holdings Units
180,000 shares
Indirect derivative position remaining
Net buy/sell shares
26,633 shares net sold
Net open-market direction in this filing
Class V-1 shares gifted
5,000 shares
Paired with gifted Symbotic Holdings Units
Key Terms
Symbotic Holdings Units, Class V-1 Common Stock, bona fide gift, other acquisition or disposition, +1 more
5 terms
Symbotic Holdings Units financial
"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..."
Class V-1 Common Stock financial
"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."
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
other acquisition or disposition financial
"transaction_code_description": "Other acquisition or disposition""
indirect pecuniary interest financial
"disclaims beneficial ownership of such securities except to the extent that the Reporting Person may be considered to have an indirect pecuniary interest therein."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Symbotic (SYM) director Todd Krasnow report?
Todd Krasnow reported open-market sales, restructurings, and gifts involving Symbotic securities. He sold 26,633 Class A shares, redeemed related Symbotic Holdings Units, canceled paired Class V-1 shares, and gifted 5,000 Symbotic Holdings Units plus matching Class V-1 shares to a charitable foundation he helps oversee.
What are Symbotic Holdings Units and how do they relate to SYM Class A stock?
Symbotic Holdings Units represent LLC units of Symbotic Holdings paired with an equal number of Class V-1 shares. Each pairing is redeemable one-for-one for Class A Common Stock, subject to adjustment provisions. Upon redemption, the units and corresponding Class V-1 shares are canceled and retired for no consideration.
What charitable gift did Todd Krasnow make involving Symbotic (SYM) securities?
Krasnow transferred 5,000 Symbotic Holdings Units and 5,000 paired Class V-1 shares to the Todd and Deborah Krasnow Foundation. This bona fide gift moved economic and voting exposure to the foundation, though he retains voting and investment power over securities owned by that charitable entity.
What Symbotic (SYM) holdings does Todd Krasnow retain after these transactions?
After the reported transactions, Krasnow holds 3,367 Class A shares directly and indirect positions through entities such as Inlet View, Inc. and family trusts. These include Symbotic Holdings Units representing 180,000 underlying Class A shares, with several positions subject to beneficial ownership disclaimers.
How are Inlet View, Inc. and family trusts involved in Symbotic (SYM) insider holdings?
Some Class A and Class V-1 positions are held by Inlet View, Inc., where Krasnow serves as President and CEO, and by family trusts and an irrevocable trust. He may be considered a beneficial owner but disclaims beneficial ownership except to the extent of his pecuniary interest.