KRASNOW TODD 4

What Happened
Todd Krasnow, a director of Symbotic Inc. (SYM), sold a total of 5,367 shares of Symbotic Class A common stock in transactions dated May 21, 2026 and July 6, 2026 for aggregate proceeds of about $259,566. On May 21 he sold 3,367 shares at $51.00 each for $171,723 (reported as aggregate same‑day sales at $51.00–$51.01). On July 6 he sold 2,000 shares (reported as two open‑market lots: 1,818 shares at $43.87 = $79,760 and 182 shares at $44.41 = $8,083) for total July proceeds of $87,843. The July sales were effected under a Rule 10b5‑1 trading plan and involved redemption of Symbotic Holdings Units for Class A shares prior to the sale.

Key Details

• Transaction dates and prices:
  • 2026-05-21: 3,367 shares sold at ~$51.00 (aggregate proceeds $171,723; price range $51.00–$51.01 per footnote).
  • 2026-07-06: 2,000 shares sold (1,818 @ $43.87 and 182 @ $44.41) for ~$87,843; reported same‑day sale price ranges noted in footnotes ($43.325–$44.455 and $44.33–$44.455).
• Total reported sold: 5,367 shares for approx. $259,566.
• July 6 sales executed pursuant to a Rule 10b5‑1 trading plan (footnotes F4, F6).
• The July transactions involved redemption of 2,000 Symbotic Holdings Units and paired Class V‑1 shares being converted/redeemed into Class A shares and then sold; the redeemed V‑1 shares were canceled/retired (footnotes F3, F4).
• Filing: Form 4 filed 2026-07-08. The May 21 sale appears to have been reported later than the transaction date in this filing (see filing vs. transaction dates).
• Holdings/beneficial ownership: The filing discloses related holdings held by the reporting person’s spouse and an irrevocable trust (footnote F10) and contains disclaimers that Mr. Krasnow disclaims beneficial ownership of those holdings (F11). Direct post‑transaction Class A ownership is not specified in the provided excerpt.

Context

• These were sales (not purchases), which are often routine or for liquidity; the July sales were pre‑planned via a 10b5‑1 plan, which is a common mechanism for insiders to sell shares on an automated schedule.
• The filing also includes derivative/unit redemption activity (Symbotic Holdings Units and Class V‑1 paired shares) that converted into Class A shares for sale; those derivative/unit cancellations are administrative steps tied to the July sale.
• The reporting person disclaims beneficial ownership of certain family/trust holdings noted in the footnotes; such holdings are separate from the shares sold here.