Symbotic Inc.·4

Mar 9, 5:13 PM ET

Ross Andrew D 4

Research Summary

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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.