Symbotic (SYM) director sells 2,000 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
Symbotic Inc. director Charles Kane reported a small, pre-planned sale of company stock. On June 1, 2026, he sold 2,000 shares of Class A Common Stock at $45.99 per share in an open-market transaction executed under a Rule 10b5-1 trading plan adopted on December 8, 2025.
In connection with this sale, he redeemed 2,000 Symbotic Holdings Units into an equal number of Class A shares, while 2,000 shares of Class V-1 Common Stock and the corresponding units were canceled and retired for no consideration. After these transactions, Kane holds 89,852 shares of Class A Common Stock and 589,353 shares of Class V-1 Common Stock and 589,353 Symbotic Holdings Units directly.
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Insider Trade Summary 10b5-1
Net Seller: 2,000 shares
Net Sell
4 txns
Insider
KANE CHARLES
Role
Director
Sold
2,000 shs ($92K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Symbotic Holdings Units | 2,000 | $0.00 | $0.00 |
| Other | Class V-1 Common Stock | 2,000 | $0.00 | $0.00 |
| Other | Class A Common Stock | 2,000 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 2,000 | $45.99 | $92K |
Holdings After Transaction:
Symbotic Holdings Units — 589,353 shares (Direct);
Class V-1 Common Stock — 589,353 shares (Direct);
Class A Common Stock — 89,852 shares (Direct)
Footnotes (4)
- 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 June 1, 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 June 1, 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. 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.
Key Figures
Shares sold: 2,000 shares Class A Common Stock
Sale price: $45.99 per share
Class A holdings after: 89,852 shares
+5 more
8 metrics
Shares sold
2,000 shares Class A Common Stock
Open-market sale on June 1, 2026
Sale price
$45.99 per share
Class A Common Stock sale price on June 1, 2026
Class A holdings after
89,852 shares
Direct Class A Common Stock held after June 1, 2026 transactions
Class V-1 holdings after
589,353 shares
Direct Class V-1 Common Stock held after June 1, 2026 transactions
Symbotic Holdings Units after
589,353 units
Direct Symbotic Holdings Units held after June 1, 2026 transactions
Restructuring shares
6,000 shares/units affected
Three J-code restructuring transactions on June 1, 2026
Net share direction
2,000 net shares sold
Net buy/sell shares across all reported transactions
Trading plan date
December 8, 2025
Date Rule 10b5-1 trading plan was entered into
Key Terms
Rule 10b5-1, Symbotic Holdings Units, Class V-1 Common Stock, trading plan, +1 more
5 terms
Rule 10b5-1 regulatory
"pursuant to a trading plan entered into by the Reporting Person on December 8, 2025, in accordance with Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Symbotic Holdings Units financial
"The term "Symbotic Holdings Units" is used herein to represent limited liability company units"
Class V-1 Common Stock financial
"Shares of Class V-1 Common Stock of the Issuer have no economic rights and each share"
trading plan financial
"this transaction was executed pursuant to a trading plan entered into by the Reporting Person"
A trading plan is a written set of rules an investor follows about what to buy or sell, when to enter and exit positions, and how much risk to accept—like a travel itinerary that maps the route, stops, and budget before a trip. It matters because it helps remove emotional decisions during market swings, enforces discipline, and makes performance easier to review and improve, reducing the chance of costly impulsive moves.
limited liability company units financial
"represent limited liability company units of Symbotic Holdings LLC"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Symbotic (SYM) director Charles Kane report?
Charles Kane reported selling 2,000 shares of Symbotic Class A Common Stock. The sale occurred at $45.99 per share on June 1, 2026, as part of a pre-arranged Rule 10b5-1 trading plan adopted on December 8, 2025.
Was the Symbotic (SYM) insider sale by Charles Kane pre-planned under Rule 10b5-1?
Yes. The 2,000-share sale by Charles Kane was executed under a Rule 10b5-1 trading plan. The plan was entered into on December 8, 2025, providing a pre-scheduled framework for the June 1, 2026 stock sale and related unit redemption.
What are Symbotic (SYM) Class V-1 Common Stock and Symbotic Holdings Units?
Class V-1 Common Stock carries voting rights but no economic rights, with one vote per share. Symbotic Holdings Units represent LLC units paired with Class V-1 shares, redeemable one-for-one into Class A Common Stock under the Symbotic Holdings LLC agreement terms.
How large is the reported Symbotic (SYM) sale relative to Charles Kane’s holdings?
The reported transaction is relatively small at 2,000 Class A shares sold. After the sale and related restructuring, Kane continues to hold 89,852 Class A shares and 589,353 Class V-1 shares and Symbotic Holdings Units directly, according to the Form 4 data.