Symbotic (SYM) director-linked entity sells 25,422 shares, redeems units and makes gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Symbotic Inc. director Todd Krasnow reported a mix of stock sales, restructurings and a charitable gift involving Symbotic securities. On May 11, 2026, entity Inlet View, Inc., which may be considered associated with him, sold 25,422 shares of Class A Common Stock in open-market transactions at weighted average prices around $52.41 and $53.35, with actual trade prices ranging from $52.20 to $53.50. In connection with this stock sale, 25,422 Symbotic Holdings Units and an equal number of paired Class V-1 Common Stock shares were redeemed on a one-for-one basis for Class A shares, and the units and paired Class V-1 shares were canceled and retired for no consideration.
Krasnow also reported 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, a charitable foundation where he has voting and investment power. Following these transactions, filings show continuing indirect exposure to Symbotic Holdings Units redeemable one-for-one into Class A Common Stock, including amounts held by his spouse and the Todd J. Krasnow 2024 Irrevocable Trust, for which he disclaims beneficial ownership except for any indirect pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,422 shares ($1,333,495)
Net Sell
11 txns
Insider
KRASNOW TODD
Role
null
Sold
25,422 shs ($1.33M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Symbotic Holdings Units | 5,000 | $0.00 | -- |
| Other | Symbotic Holdings Units | 25,422 | $0.00 | -- |
| Gift | Class V-1 Common Stock | 5,000 | $0.00 | -- |
| Other | Class V-1 Common Stock | 25,422 | $0.00 | -- |
| Other | Class A Common Stock | 25,422 | $0.00 | -- |
| Sale | Class A Common Stock | 24,220 | $52.4101 | $1.27M |
| Sale | Class A Common Stock | 1,202 | $53.3464 | $64K |
| holding | Symbotic Holdings Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class V-1 Common Stock | -- | -- | -- |
Holdings After Transaction:
Symbotic Holdings Units — 182,036 shares (Direct, null);
Symbotic Holdings Units — 553,657 shares (Indirect, By Inlet View, Inc.);
Class V-1 Common Stock — 182,036 shares (Direct, null);
Class V-1 Common Stock — 553,657 shares (Indirect, By Inlet View, Inc.);
Class A Common Stock — 25,422 shares (Indirect, By Inlet View, Inc.);
Class A Common Stock — 10,345 shares (Direct, null)
Footnotes (1)
- 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. 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. On May 11, 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. On May 11, 2026, the Reporting Person sold 25,422 shares of Class A Common Stock (the "Stock Sale"). In connection with the Stock Sale, effective May 11, 2026, the Reporting Person redeemed 25,422 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 25,422 shares of Class V-1 Common Stock. 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. 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 $52.20 to $53.19, 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. 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 $53.20 to $53.50, 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. 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. 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. 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
Open-market shares sold: 25,422 shares
Sale price range (group 1): $52.20–$53.19 per share
Sale price range (group 2): $53.20–$53.50 per share
+4 more
7 metrics
Open-market shares sold
25,422 shares
Class A Common Stock sold on May 11, 2026 via Inlet View, Inc.
Sale price range (group 1)
$52.20–$53.19 per share
Multiple aggregated Class A sales per SEC footnote
Sale price range (group 2)
$53.20–$53.50 per share
Additional aggregated Class A sales per SEC footnote
Charitable gift units
5,000 units
Symbotic Holdings Units and paired Class V-1 shares gifted to foundation
Underlying shares in units
180,000 shares
Underlying Class A Common Stock for Symbotic Holdings Units (indirect)
Indirect Class V-1 holdings post J
553,657 shares
Class V-1 Common Stock held indirectly by Inlet View, Inc.
Direct Class V-1 after gift
182,036 shares
Direct Class V-1 Common Stock following 5,000-share bona fide gift
Key Terms
Symbotic Holdings Units, Class V-1 Common Stock, bona fide gift, beneficial owner, +2 more
6 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.
beneficial owner financial
"Todd Krasnow may be considered the beneficial owner of securities held by Inlet View, Inc., of which Mr. Krasnow is the President and CEO."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
pecuniary interest financial
"Mr. Krasnow disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein."
aggregate reporting financial
"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 $52.20 to $53.19, inclusive."
FAQ
What did Symbotic Inc. (SYM) director Todd Krasnow report in this Form 4?
Todd Krasnow reported open-market sales, restructuring moves, and a charitable gift involving Symbotic securities. The filing details stock sales by Inlet View, Inc., redemptions of Symbotic Holdings Units into Class A shares, and a transfer of units and Class V-1 shares to a charitable foundation.
What are Symbotic Holdings Units mentioned in the Symbotic (SYM) Form 4?
Symbotic Holdings Units represent limited liability company units of Symbotic Holdings paired with an equal number of Class V-1 Common Stock shares. Each unit-plus-share pair is redeemable on a one-for-one basis for a share of Symbotic Class A Common Stock, subject to specified adjustment and cancellation terms.
What charitable gift involving Symbotic (SYM) securities did Todd Krasnow report?
Krasnow reported a bona fide gift of 5,000 Symbotic Holdings Units and an equal number of paired Class V-1 Common Stock shares. These were transferred to the Todd and Deborah Krasnow Foundation, a charitable foundation where he serves as trustee and has voting and investment power over its securities holdings.
How did the Symbotic (SYM) unit redemptions affect Class V-1 Common Stock?
In connection with the 25,422-share stock sale, 25,422 Symbotic Holdings Units and an equal number of paired Class V-1 shares were redeemed for Class A shares. Symbotic Holdings then canceled the units, and Symbotic canceled and retired the corresponding Class V-1 shares for no consideration, reducing that share class outstanding.
Does Todd Krasnow retain indirect interests in Symbotic (SYM) after these transactions?
Yes. The filing shows continuing indirect interests through Symbotic Holdings Units redeemable into Class A shares, including holdings by his spouse and the Todd J. Krasnow 2024 Irrevocable Trust. He disclaims beneficial ownership of those securities except to the extent of any indirect pecuniary interest he may have.