KRASNOW TODD 4

What Happened

• Todd Krasnow, a director of Symbotic, reported derivative and award transactions on 2026-03-05. He converted/exercised 10,345 restricted stock units (derivative, code M) into shares and simultaneously disposed of 10,345 shares (reported as derivative disposition). He also was recorded as acquiring 4,738 restricted stock units (award, code A) at $0.00.
• Prices and reported values in the filing are $0.00 for the awards/conversions and for the disposition entries; the filing does not report cash proceeds for the disposed shares. Net change across the reported transactions is a reduction of 5,607 shares (10,345 converted/sold minus 4,738 newly acquired RSUs).

Key Details

• Transaction date: March 5, 2026; Form 4 filed March 9, 2026 (timely under Section 16 reporting rules).
• Reported prices/values: $0.00 for the A and M entries; disposition also reported at $0.00 (no cash sale proceeds shown).
• Shares owned after transaction: the filing does not state a total "shares owned following transaction"; net reported change = -5,607 shares.
• Notable footnotes:
  • RSUs convert one-for-one into Class A common stock and each RSU is a contingent right to one share (F1, F3).
  • Vesting terms: some RSUs vest upon specified future dates or upon a change of control (F4, F5). A prior grant of 10,345 RSUs was granted March 6, 2025 with vesting events noted in F5.
  • Mr. Krasnow may be considered the beneficial owner of 40,000 shares held in two charitable remainder trusts for which he is trustee/beneficiary; he disclaims beneficial ownership except to the extent of his pecuniary interest (F2).

Context

• These filings reflect derivative conversions/awards (RSUs) and a reported disposition; the disposition is reported with $0 proceeds, which typically indicates a non‑open‑market event such as net settlement, tax-withholding, or internal transfer rather than a standard cash sale. The Form 4 was filed on time.