Symbotic (SYM) Director Charles Kane Sells 2,000 Shares

What Happened
Charles Kane, a director of Symbotic Inc. (SYM), sold 2,000 shares of Class A Common Stock in an open-market transaction on August 3, 2026, at $43.21 per share for total proceeds of $86,420. The sale followed the redemption of 2,000 Symbotic Holdings Units (paired with Class V-1 shares) into Class A shares; the related Class V-1 shares were canceled. The sale was executed under a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date: August 3, 2026; filing date: August 5, 2026 (filed within the standard Form 4 reporting window).
• Open-market sale: 2,000 shares @ $43.21 = $86,420 (code S).
• Related derivative activity: redeemed 2,000 Symbotic Holdings Units for 2,000 Class A shares and canceled 2,000 Class V-1 shares (codes J; derivative/other disposition).
• Trading plan: Sale executed pursuant to a 10b5-1 plan entered December 8, 2025 (footnotes F3, F4).
• Shares owned after the transactions: not specified in the information provided.

Context
The sequence here is a redemption of Symbotic Holdings Units into Class A shares, immediately followed by a sale of those Class A shares under a pre-set 10b5-1 plan. Redemptions and cancellations of the paired Class V-1 shares are administrative steps tied to the unit structure and do not by themselves represent an open-market sale. Sales under 10b5-1 plans are typically pre-planned and do not necessarily indicate a change in the insider’s view of the company.