Symbotic (SYM) director Merline Saintil granted RSUs and converts 10,345 units to shares
Filing Impact
Filing Sentiment
Form Type
4
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
- None.
Insider Trade Summary
10,345 shares exercised/converted
Mixed
3 txns
Insider
Saintil Merline
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,738 | $0.00 | -- |
| Exercise | Restricted Stock Units | 10,345 | $0.00 | -- |
| Exercise | Class A Common Stock | 10,345 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 4,738 shares (Direct);
Class A Common Stock — 78,758 shares (Direct)
Footnotes (1)
- Restricted stock units convert into Class A common stock on a one-for-one basis. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. 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. 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
What insider transactions did Symbotic (SYM) director Merline Saintil report?
Merline Saintil reported three acquisition-related transactions. She received 4,738 new restricted stock units, exercised 10,345 existing RSUs, and received 10,345 shares of Class A common stock, all dated March 5, 2026, with no cash purchase price disclosed for these equity awards.
How many Symbotic (SYM) restricted stock units were newly granted to Merline Saintil?
She was granted 4,738 restricted stock units. Each RSU represents a contingent right to receive one share of Symbotic’s Class A common stock, subject to vesting conditions tied to March 5, 2027, the 2027 annual meeting, or a change of control and continued service.
What are the vesting terms of Merline Saintil’s new Symbotic (SYM) RSU award?
The 4,738 RSUs vest in full upon the earliest of three events. These are March 5, 2027, Symbotic’s 2027 Annual Meeting of Stockholders, or a change of control, in each case requiring Merline Saintil to remain in service with Symbotic through the applicable vesting date.
Were any of Merline Saintil’s Symbotic (SYM) transactions open-market buys or sells?
No open-market buys or sells were reported. The Form 4 shows only grant and conversion activities: an award of new restricted stock units and the exercise of existing RSUs into Class A common stock, all recorded at a transaction price of $0.00 per share.