KANE CHARLES 4

What Happened

• Director Charles Kane sold 2,000 shares of Symbotic Inc. (Class A) in open-market transactions on May 1, 2026 for an aggregate reported proceeds of approximately $116,525 (300 shares for $17,070; 1,252 shares for $72,948; 448 shares for $26,507).
• The transactions were executed pursuant to a pre-established Rule 10b5-1 trading plan (entered Dec. 8, 2025). In connection with the sale, Mr. Kane redeemed 2,000 Symbotic Holdings Units for an equal number of Class A shares and related paired Class V-1 shares were canceled/retired (see footnote F3).

Key Details

• Transaction date: May 1, 2026; Form 4 filed May 5, 2026 (timely).
• Open-market sale price details (aggregate reporting ranges per footnotes):
  • 300 shares: prices ranged $56.52–$57.09 (avg reported $56.90).
  • 1,252 shares: prices ranged $57.77–$58.73 (avg reported $58.27).
  • 448 shares: prices ranged $58.90–$59.37 (avg reported $59.17).
• Additional derivative/other entries (J code): redemption of 2,000 Symbotic Holdings Units into Class A shares and cancellation/retirement of 2,000 Class V-1 shares (Footnotes F2–F3).
• Shares owned after the transaction: not specified in the information provided.
• Notable footnotes: 10b5-1 trading plan (F4); Class V-1 shares have no economic rights and are paired with Symbotic Holdings Units that are redeemable for Class A shares (F1–F2); aggregate price reporting with offer to provide per-trade details on request (F5–F7).

Context

• These were sales (not purchases). The trades were carried out under a pre-set Rule 10b5-1 plan and included a unit redemption that converted Symbotic Holdings Units into Class A shares which were sold and certain V-1 shares were retired.
• For retail investors: purchases are generally more informative about insider sentiment; here the filing documents routine sales under a trading plan and corporate redemption mechanics rather than a new acquisition.