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Symbotic Inc.·4

May 27, 6:37 PM ET

KRASNOW TODD 4

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Symbotic (SYM) Director Todd Krasnow Sells Shares (~$1.42M)

What Happened
Todd Krasnow, a director of Symbotic, Inc., redeemed 19,655 Symbotic Holdings Units for the same number of Class A common shares and sold a total of 26,633 Class A shares in open‑market transactions on May 22, 2026, generating aggregate proceeds of roughly $1.42 million. He also transferred (gifted) 5,000 Symbotic Holdings Units and the paired Class V‑1 shares to the Todd and Deborah Krasnow Foundation (of which he is a trustee and over which he has voting and investment power). The transactions are sales (liquidity events), not purchases.

Key Details

  • Transaction date: May 22, 2026. Form 4 filed May 27, 2026 (appears to be one business day late under the 2-business-day filing rule).
  • Sales breakdown:
    • 19,655 shares sold (reported at $53.73; aggregated sale prices reported in footnote F6 between $53.33 and $54.10) — proceeds ≈ $1,055,998.
    • 6,978 shares sold (reported at $52.12; aggregated sale prices reported in footnote F7 between $51.865 and $52.40) — proceeds ≈ $363,677.
    • Total sold: 26,633 shares for ≈ $1,419,675.
  • Gift: 5,000 Symbotic Holdings Units and paired Class V‑1 shares gifted to the Todd and Deborah Krasnow Foundation (Footnote F3); Krasnow retains voting/investment power over foundation holdings.
  • Redemption/derivative notes: 19,655 Symbotic Holdings Units were redeemed into Class A shares; the paired Class V‑1 shares were canceled/retired (Footnotes F2, F4).
  • Ownership after transaction: not specified in the filing.
  • Disclaimers: Reporting person disclaims beneficial ownership of certain spouse/trust holdings (Footnotes F9, F10, F5, F8).
  • Pricing detail: sales were reported in aggregate with price ranges by footnote; full per-trade price breakdown can be provided by the filer on request (F6, F7).

Context

  • Gifts and unit transfers to a private foundation are often estate/charitable planning moves and do not necessarily signal a view on the company’s stock.
  • The redemption of Symbotic Holdings Units into Class A shares followed immediately by open‑market sales is a conversion-for-liquidity pattern (units → shares → sale).
  • No options exercise or 10%‑owner acquisition occurred here; this filing reports liquidity/sale activity by a director.