KRASNOW TODD 4
4 · Symbotic Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Symbotic (SYM) Director Todd Krasnow Sells Shares
What Happened
Todd Krasnow, a director of Symbotic, sold a total of 2,000 Class A shares in open-market transactions on June 1, 2026, generating approximately $94,604 in proceeds (483 @ $45.97 = $22,201; 348 @ $47.02 = $16,365; 1,101 @ $47.90 = $52,739; 68 @ $48.51 = $3,299). The filing also documents a related redemption/acquisition sequence: Krasnow redeemed 2,000 Symbotic Holdings Units for an equal number of Class A shares (and corresponding Class V-1 shares were canceled), and those shares were sold pursuant to a Rule 10b5-1 trading plan.
Key Details
- Transaction date: June 1, 2026 (Form 4 filed June 3, 2026 — appears timely).
- Open-market sales: 2,000 shares totaling ~$94,604 across four trades (prices listed above).
- Related unit redemption: 2,000 Symbotic Holdings Units redeemed for 2,000 Class A shares; paired Class V-1 shares were canceled (see F2 and F3).
- Plan/authorization: Sales were executed under a 10b5-1 trading plan entered Dec. 8, 2025 (F3, F5).
- Ownership notes: Filing disclaims beneficial ownership of certain shares held by Krasnow’s spouse and trusts; V-1 shares carry voting but no economic rights (F1, F10, F11).
- No late-filing indication in this report.
Context
- The sequence here is procedural: limited‑liability company units (Symbotic Holdings Units) were redeemed to create Class A shares, which were then sold under a pre-established 10b5-1 plan. That makes this a planned, not ad‑hoc, sale.
- Sales by insiders are common and do not by themselves signal management views; purchases tend to be more informative about bullish convictions.
- The filing includes customary disclaimers about beneficial ownership of family/trust holdings; see footnotes for details on convertibility and ownership assertions (F2, F3, F10, F11).
Insider Transaction Report
Form 4
KRASNOW TODD
Director
Transactions
- Other
Class V-1 Common Stock
[F1][F2][F3][F4]2026-06-01−2,000→ 532,002 total(indirect: By Inlet View, Inc.) - Other
Class A Common Stock
[F1][F2][F3][F4]2026-06-01+2,000→ 2,000 total(indirect: By Inlet View, Inc.) - Sale
Class A Common Stock
[F5][F6][F4]2026-06-01$45.97/sh−483$22,201→ 1,517 total(indirect: By Inlet View, Inc.) - Sale
Class A Common Stock
[F5][F7][F4]2026-06-01$47.02/sh−348$16,365→ 1,169 total(indirect: By Inlet View, Inc.) - Sale
Class A Common Stock
[F5][F8][F4]2026-06-01$47.90/sh−1,101$52,739→ 68 total(indirect: By Inlet View, Inc.) - Sale
Class A Common Stock
[F5][F4]2026-06-01$48.51/sh−68$3,299→ 0 total(indirect: By Inlet View, Inc.) - Other
Symbotic Holdings Units
[F1][F2][F3][F4]2026-06-01−2,000→ 532,002 total(indirect: By Inlet View, Inc.)→ Class A Common Stock (2,000 underlying)
Holdings
- 3,367
Class A Common Stock
- 40,000(indirect: By Trust)
Class A Common Stock
[F9] - 177,036
Class V-1 Common Stock
[F1][F2] - 180,000(indirect: By Spouse)
Class V-1 Common Stock
[F1][F2][F10][F11] - 177,036
Symbotic Holdings Units
[F1][F2]→ Class A Common Stock (194,036 underlying) - 180,000(indirect: By Spouse)
Symbotic Holdings Units
[F1][F2][F10][F11]→ Class A Common Stock (180,000 underlying)
Footnotes (11)
- [F1]Shares of Class V-1 Common Stock of the Issuer have no economic rights and each share of Class V-1 Common Stock entitles its holder to 1 vote per share.
- [F10]Consists of (i) 30,000 Symbotic Holdings Units and an equal number of paired shares of Class V-1 common stock held by the Reporting Person's spouse and (ii) 150,000 Symbotic Holdings Units and an equal number of paired shares of Class V-1 common stock held by the Todd J. Krasnow 2024 Irrevocable Trust, in which the Reporting Person's spouse acts as trustee and to which members of the Reporting Person's immediate family have a pecuniary interest.
- [F11]The Reporting Person disclaims beneficial ownership of the securities held by his spouse. The Reporting Person does not have voting or investment control over the securities held by the Todd J. Krasnow 2024 Irrevocable Trust and disclaims beneficial ownership of such securities except to the extent that the Reporting Person may be considered to have an indirect pecuniary interest therein. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of the spouse's securities or the securities held by the trust for purposes of Section 16 or for any other purpose.
- [F2]The term "Symbotic Holdings Units" is used herein to represent limited liability company units of Symbotic Holdings LLC ("Symbotic Holdings") and an equal number of paired shares of Class V-1 Common Stock of the Issuer, which, pursuant to the limited liability company agreement of Symbotic Holdings, are redeemable by the holder on a one-for-one basis for a share of Class A Common Stock of the Issuer, subject to conversion rate adjustments for stock splits, stock dividends, reclassification and other similar transactions, and in accordance with other terms and conditions set forth in Symbotic Holdings' Second Amended and Restated Limited Liability Company Agreement, dated as of June 7, 2022. Upon redemption, the Issuer will cancel the Symbotic Holdings Units and cancel and retire for no consideration the redeemed shares of Class V-1 Common Stock.
- [F3]On June 1, 2026, the Reporting Person sold 2,000 shares of Class A Common Stock pursuant to a trading plan entered into by the Reporting Person on December 8, 2025, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the "Stock Sale"). In connection with the Stock Sale and pursuant to the terms of the trading plan, effective June 1, 2026, the Reporting Person redeemed 2,000 Symbotic Holdings Units in exchange for an equal number of shares of Class A Common Stock (the "Redemption"). In connection with the Redemption, Symbotic Holdings canceled the Symbotic Holdings Units, and the Issuer canceled and retired for no consideration the redeemed 2,000 shares of Class V-1 Common Stock.
- [F4]Todd Krasnow may be considered the beneficial owner of securities held by Inlet View, Inc., of which Mr. Krasnow is the President and CEO. Mr. Krasnow disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- [F5]This transaction was executed pursuant to a trading plan entered into by the Reporting Person on Decmeber 8, 2025, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- [F6]In accordance with SEC guidance authorizing aggregate reporting of same-day purchases and sales, the shares were sold in multiple transactions at prices ranging from $45.46 to $46.44, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F7]In accordance with SEC guidance authorizing aggregate reporting of same-day purchases and sales, the shares were sold in multiple transactions at prices ranging from $46.465 to $47.455, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F8]In accordance with SEC guidance authorizing aggregate reporting of same-day purchases and sales, the shares were sold in multiple transactions at prices ranging from $47.46 to $48.38, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F9]Mr. Krasnow may be considered the beneficial owner of 20,000 shares of Class A Common Stock held by the Krasnow Family 2019 Charitable Remainder Trust and 20,000 shares of Class A Common Stock held by the Todd and Deborah Krasnow CRUT, both of which are trusts for which Mr. Krasnow is trustee and to which Mr. Krasnow is a beneficiary. Mr. Krasnow disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Signature
/s/ Corey Dufresne, Attorney-in-Fact for Todd Krasnow|2026-06-03