Symbotic Board Member Maintains Strong Position Despite Small Share Sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Merline Saintil of Symbotic has reported a sale of 600 shares of Class A Common Stock at a price of $37 per share on June 20, 2025. The transaction was executed through a pre-planned Rule 10b5-1 trading plan established on February 25, 2025.
Following the transaction, Saintil retains beneficial ownership of 77,413 shares held directly. The sale represents a minor reduction in the director's holdings, suggesting routine portfolio management rather than a significant shift in position.
Key details:
- Transaction was conducted under a Rule 10b5-1 trading plan, demonstrating pre-planned nature of the sale
- Total transaction value: $22,200
- Form 4 filed within required reporting timeline
- No derivative securities transactions reported
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 600 shares ($22,200)
Net Sell
1 txn
Insider
Saintil Merline
Role
Director
Sold
600 shs ($22K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 600 | $37.00 | $22K |
Holdings After Transaction:
Class A Common Stock — 77,413 shares (Direct)
Footnotes (1)
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FAQ
Was SYM Director Saintil's stock sale part of a 10b5-1 trading plan?
Yes, the transaction was executed pursuant to a Rule 10b5-1 trading plan that Merline Saintil entered into on February 25, 2025.
What is Merline Saintil's role at SYM?
Merline Saintil serves as a Director on Symbotic Inc.'s (SYM) board, as indicated by the 'X' marked under the Director relationship field in the Form 4 filing.