SOFTBANK GROUP CORP. 4
4 · Symbotic Inc. · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
Symbotic (SYM) 10% Owner SoftBank Sells 5.59M Shares
What Happened
SoftBank Group Corp., identified as a 10% owner of Symbotic Inc. (SYM), sold 5,590,000 shares on May 27, 2026 at $50.41 per share, generating proceeds of $281,819,850. The Form 4 reports the transaction as a sale (code S) via open market or private sale. This was a disposition (sale), which is often routine for large institutional holders and not the same as insider buying.
Key Details
- Transaction date: May 27, 2026; Price: $50.41 per share
- Shares sold: 5,590,000; Total proceeds: $281,819,850 (≈ $281.8M)
- Transaction type: Sale (open market or private sale), Form 4 code S
- Shares owned after transaction: Not specified in the provided filing details
- Filing date: May 29, 2026 — filed two days after the transaction (appears timely)
- Footnote (F1): Explains SoftBank’s complex ownership/management structure across affiliated funds and managers (e.g., SVF II entities, SB Global Advisers, SB Investment Advisers). Separate related entities filed additional Form 4s as noted.
Context
This was a large institutional sale by a 10% holder, not an individual executive’s trade. Such dispositions can reflect portfolio or fund-level decisions rather than a statement about company fundamentals. Retail investors should note the size of the sale but avoid assuming motive from the transaction alone.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-05-27$50.41/sh−5,590,000$281,819,850→ 0 total(indirect: By LLC)
- 20,000,000(indirect: By LLC)
Class A Common Stock
[F1] - 17,825,312(indirect: By LLC)
Class A Common Stock
[F1] - 2,000,000(indirect: By SB Northstar LP)
Class A Common Stock
[F1]
Footnotes (1)
- [F1]SoftBank Group Corp. ("SoftBank"), a publicly traded company listed on the Tokyo Stock Exchange, is the sole shareholder of SB Global Advisers Limited, which has been appointed as manager and is responsible for making final decisions related to the acquisition, structuring, financing and disposal of SoftBank Vision Fund II-2 L.P.'s investments. SoftBank Vision Fund II-2 L.P. is the sole limited partner of SVF II Aggregator (Jersey) L.P., which is the sole member of SVF II Holdings (DE) LLC, which is the sole member of SVF II SPAC Investment 3 (DE) LLC. SoftBank is the parent company of SVF II Strategic Investments AIV LLC and the parent company of Silver Brick Management PTE. LTD., which has been appointed as investment manager of SB Northstar LP and is responsible for making voting and investment decisions with respect to SB Northstar LP's investments. SoftBank is the sole shareholder of SB Investment Advisers (US) Inc., which is the sole member of SVF Sponsor III (DE) LLC.