Symbotic director sells 2,000 shares at $43–44
Rhea-AI Filing Summary
Symbotic Inc. (SYM) director Todd Krasnow reported a structured transaction on September 8, 2026 involving Symbotic Holdings Units and Class A shares, executed through Inlet View, Inc. Under a pre-established Rule 10b5-1 trading plan, 2,000 Symbotic Holdings Units and 2,000 paired shares of Class V-1 common stock were redeemed for 2,000 shares of Class A Common Stock, after which the units and V‑1 shares were canceled.
The 2,000 Class A shares received were then sold in market transactions, with 1,489 shares at an average price of about $43.46 and 511 shares at about $43.88, at prices ranging from $42.745 to $44.255 per share. Krasnow continues to have reported interests in Symbotic Holdings Units representing 194,036 underlying Class A shares held directly and 180,000 underlying Class A shares held indirectly, plus 40,000 Class A shares held by charitable trusts, all subject to footnoted beneficial ownership disclaimers and limited voting or investment control in certain entities.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Symbotic Holdings Units F1, F2, F3, F4 | 2,000 | -- | -- |
| Other | Class V-1 Common Stock F1, F2, F3, F4 | 2,000 | -- | -- |
| Other | Class A Common Stock F1, F2, F3, F4 | 2,000 | -- | -- |
| Sale | Class A Common Stock F5, F6, F4 | 1,489 | $43.4625 | $65K |
| Sale | Class A Common Stock F5, F7, F4 | 511 | $43.8825 | $22K |
| holding | Symbotic Holdings Units F1, F2 | -- | -- | -- |
| holding | Symbotic Holdings Units F1, F2, F9, F10 | -- | -- | -- |
| holding | Class A Common Stock F8 | -- | -- | -- |
| holding | Class V-1 Common Stock F1, F2 | -- | -- | -- |
| holding | Class V-1 Common Stock F1, F2, F9, F10 | -- | -- | -- |
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 LLC ("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 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 September 8, 2026, the Reporting Person sold 2,000 shares of Class A Common Stock pursuant to a trading plan entered into by the Reporting Person on December 8, 2025, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the "Stock Sale"). In connection with the Stock Sale and pursuant to the terms of the trading plan, effective September 8, 2026, the Reporting Person redeemed 2,000 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 2,000 shares of Class V-1 Common Stock.
- F4. 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.
- F5. This transaction was executed pursuant to a trading plan entered into by the Reporting Person on Decmeber 8, 2025, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- 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 $42.745 to $43.74, 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 $43.745 to $44.255, 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. Mr. 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
Key Terms
Symbotic Holdings Units financial
Class V-1 Common Stock financial
Rule 10b5-1 regulatory
beneficial owner financial
pecuniary interest financial
FAQ
What did Symbotic (SYM) director Todd Krasnow report in this Form 4?
Was the Symbotic (SYM) sale by Todd Krasnow under a Rule 10b5-1 plan?
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What is Symbotic’s Class V-1 Common Stock held by Todd Krasnow entities?
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