SB INVESTMENT ADVISERS (US) INC. 4
4 · Symbotic Inc. · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
Symbotic (SYM) 10% Owner SVF Sponsor III Sells 5.59M Shares
What Happened
SVF Sponsor III (DE) LLC, reported as a 10% owner of Symbotic, sold 5,590,000 shares of Symbotic, Inc. (SYM) on May 27, 2026. The sale price was $50.41 per share, for aggregate proceeds of $281,819,850. The Form 4 records the transaction as an open market or private sale (transaction code S).
Key Details
- Transaction date: 2026-05-27; filing date: 2026-05-29 (filed timely).
- Price per share: $50.41; total proceeds: $281,819,850.
- Shares sold: 5,590,000.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote: The filer is part of a SoftBank-related ownership structure (see footnote F1) — SoftBank Group Corp. is linked through a chain of funds and advisory entities; several related entities are filing separate Form 4s.
- Transaction type: Sale by an institutional/ownership entity (not an individual executive).
Context
This was a large institutional sale by a sponsor entity tied to SoftBank’s fund structure. Sales by 10% owners or sponsor entities can be routine portfolio or fund-related dispositions and do not necessarily indicate management sentiment. The filing appears timely (reported two days after the transaction).
Insider Transaction Report
Form 4Exit
Transactions
- Sale
Class A Common Stock
[F1]2026-05-27$50.41/sh−5,590,000$281,819,850→ 0 total(indirect: By LLC)
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.