Ford Rollin L. 4

What Happened

• Rollin L. Ford, a director of Symbotic, sold a total of 60,000 shares of Symbotic Class A common stock in open-market transactions on February 11, 2026, generating approximately $3,450,421 in proceeds. Reported lots: 38,925 shares @ $56.63 (≈ $2,204,506), 200 shares @ $58.20 (≈ $11,641), and 20,875 shares @ $59.13 (≈ $1,234,274).
• The filing also reports related "other" (code J) entries involving 60,000 Symbotic Holdings Units and 60,000 shares of Class V-1 common stock that were redeemed/canceled in connection with the trusts described in the footnotes (see Key Details). Overall, the primary activity disclosed is an open-market sale (not a purchase).

Key Details

• Transaction date: February 11, 2026. Form 4 filed February 13, 2026 (timely).
• Prices: reported trades at $56.63, $58.20 and $59.13; footnotes indicate same-day sales occurred across ranges ~$56.50–$57.01 and ~$59.00–$59.78. Total proceeds ≈ $3.45M.
• Shares sold: 60,000 Class A shares via open-market sales (transaction code S).
• Derivative/other entries (code J): 60,000 Symbotic Holdings Units were redeemed for an equal number of Class A shares and the corresponding 60,000 Class V-1 shares were canceled (per footnote F3).
• Footnotes F1–F9: explain that Class V-1 shares carry voting but no economic rights, describe Symbotic Holdings Units pairing/redeemability, and state Mr. Ford may have only an indirect pecuniary interest in certain Trust-held shares (he disclaims beneficial ownership and control).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• No 10b5-1 plan, tax withholding, or late-filing indication is reported in the excerpt.

Context

• The V-1 shares are a voting-only class paired with Symbotic Holdings Units; redemption of the units for Class A shares triggers cancellation of the paired V-1 shares (per F2–F3). The reported J entries reflect those structural/administrative changes rather than a cash purchase or option exercise by the director.
• This filing shows insider selling (routine disposition and trust-related redemptions). Retail investors often view purchases as stronger signals of insider conviction; sales can be routine for many reasons and do not, by themselves, indicate a change in company prospects.