Ross Andrew D 4
4 · Symbotic Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Symbotic (SYM) Director Andrew D. Ross Exercises Derivatives, Receives RSUs
What Happened
Andrew D. Ross, a director of Symbotic, reported transactions dated March 5, 2026: he exercised/converted 5,104 derivative units (reported as Form 4 code M) and a matching 5,104-share disposition of derivative shares was reported (both entries show $0 proceeds). On the same date he was granted 4,738 restricted stock units (RSUs) at $0 (Form 4 code A). The filing was submitted March 9, 2026.
Key Details
- Transaction date(s): March 5, 2026 (reported on Form 4 filed March 9, 2026).
- Exercises/conversions: 5,104 shares (code M); disposition of 5,104 shares also reported (both with $0 reported).
- Grant/award: 4,738 RSUs at $0 (derivative award). RSUs convert 1-for-1 into Class A common stock.
- Shares owned after transaction: Not specified in the data provided in this summary.
- Relevant footnotes from the filing:
- F1/F2: Each RSU is a contingent right to one share and converts one-for-one into Class A common stock.
- F3: The 4,738 RSUs vest in full on the earliest of (1) March 5, 2027, (2) the Issuer's 2027 annual meeting, or (3) a change of control, subject to continued service.
- F4: On Aug 26, 2025 the reporting person received 5,104 RSUs with a different vesting schedule (earliest Aug 26, 2026 / 2026 annual meeting / change of control).
- No cash value or sale proceeds are reported for the exercise/disposition entries (both show $0).
Context
RSU grants are compensation awards that convert to shares if and when they vest; they are different from open‑market purchases (which are more direct bullish signals). The filing reports an exercise/conversion and a contemporaneous disposition of the same number of derivative shares and a separate RSU award; the filing does not show cash proceeds or an open‑market sale. This is a factual reporting of insider activity — it does not by itself indicate the director’s market view.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-03-05+5,104→ 5,104 total - Award
Restricted Stock Units
[F2][F3]2026-03-05+4,738→ 4,738 total→ Class A Common Stock (4,738 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F4]2026-03-05−5,104→ 0 total→ Class A Common Stock (5,104 underlying)
Footnotes (4)
- [F1]Restricted stock units convert into Class A common stock on a one-for-one basis.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- [F3]The restricted stock units vest in full upon the earliest of: (1) March 5, 2027, (2) the Issuer's 2027 Annual Meeting of Stockholders or (3) a change of control of the Issuer, subject to the Reporting Person's continued service with the Issuer on the vesting date.
- [F4]On August 26, 2025, the Reporting Person was granted 5,104 restricted stock units that vest in full upon the earliest of: (1) August 26, 2026, (2) the Issuer's 2026 Annual Meeting of Stockholders or (3) a change of control of the Issuer, subject to the Reporting Person's continued service with the Issuer on the vesting date.