SoftBank-linked SVF Sponsor III (DE) LLC exits 5.59M Symbotic (SYM) shares in open-market sale
Rhea-AI Filing Summary
SVF Sponsor III (DE) LLC, an entity ultimately controlled by SoftBank Group Corp., reported an open-market sale of 5,590,000 shares of Symbotic Inc. Class A Common Stock at an average price of $50.415 per share on May 27, 2026. The shares were held as indirect ownership, and this transaction reduced the reporting position in this Form 4 to zero shares, marking a full exit by this former 10% owner–affiliated vehicle.
Positive
- None.
Negative
- SoftBank-affiliated holder fully exits its Symbotic Class A position, selling 5,590,000 indirectly held shares and reporting zero shares remaining, which removes a former 10% owner–related vehicle from the shareholder base.
Insights
SoftBank-affiliated vehicle fully exits Symbotic position via large open-market sale.
The filing shows SVF Sponsor III (DE) LLC, an entity ultimately controlled by SoftBank Group Corp., executing an open-market sale of 5,590,000 Symbotic Class A shares at $50.415 per share. The transaction is recorded as indirect ownership "By SVF Sponsor III (DE) LLC".
Following the sale, this Form 4 reports 0 shares remaining, indicating a complete disposal of the position by this former 10% owner–related vehicle. There are no derivative holdings listed in the derivative summary, so no residual option or warrant exposure appears in this filing.
This kind of full exit by a large, previously significant shareholder can change the ownership landscape, although the economic and strategic reasons are not discussed here. Future company filings may provide additional context around broader shareholder composition changes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,590,000 | $50.415 | $281.82M |
Footnotes (1)
- F1. SoftBank Group Corp. ("SoftBank"), a publicly traded company listed on the Tokyo Stock Exchange, is the sole shareholder of SB Global Advisers Limited, which has been appointed as manager and is responsible for making final decisions related to the acquisition, structuring, financing and disposal of SoftBank Vision Fund II-2 L.P.'s investments. SoftBank Vision Fund II-2 L.P. is the sole limited partner of SVF II Aggregator (Jersey) L.P., which is the sole member of SVF II Holdings (DE) LLC, which is the sole member of SVF II SPAC Investment 3 (DE) LLC. SoftBank is the parent company of SVF II Strategic Investments AIV LLC and the parent company of Silver Brick Management PTE. LTD., which has been appointed as investment manager of SB Northstar LP and is responsible for making voting and investment decisions with respect to SB Northstar LP's investments. SoftBank is the sole shareholder of SB Investment Advisers (US) Inc., which is the sole member of SVF Sponsor III (DE) LLC.
Key Figures
Key Terms
open-market sale financial
indirect ownership financial
former 10% owner regulatory
SoftBank Vision Fund II-2 L.P. financial
investment manager financial
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