Symbotic director receives RSUs, converts prior awards
Symbotic Inc. director Merline Saintil reported equity awards and conversions involving company stock.
Rhea-AI Filing Summary
Symbotic Inc. director Merline Saintil reported equity awards and conversions involving company stock. On March 5, 2026, she received a grant of 4,738 restricted stock units (RSUs), each representing a right to one share of Class A common stock, which vest in full on the earliest of March 5, 2027, the company’s 2027 annual stockholders meeting, or a change of control, subject to continued service.
That same day, 10,345 previously granted RSUs were exercised and converted into 10,345 shares of Class A common stock at a price of $0.00 per share. Following these transactions, she directly held 78,758 shares of Symbotic Class A common stock.
Positive
- None.
Negative
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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. On March 6, 2025, the Reporting Person was granted 10,345 restricted stock units that 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Symbotic (SYM) director Merline Saintil report?
How many Symbotic (SYM) restricted stock units were newly granted to Merline Saintil?
What are the vesting terms of Merline Saintil’s new Symbotic (SYM) RSU award?
Were any of Merline Saintil’s Symbotic (SYM) transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.