Symbotic Inc.·4

Mar 11, 7:54 PM ET

KRASNOW TODD 4

4 · Symbotic Inc. · Filed Mar 11, 2026

Research Summary

AI-generated summary of this filing

Updated

Symbotic (SYM) Director Todd Krasnow Sells Shares

What Happened
Todd Krasnow, a director of Symbotic, sold 2,000 shares of Class A common stock in open‑market transactions on March 9, 2026, for aggregate proceeds of approximately $95,394. The trades were executed under a Rule 10b5‑1 trading plan. Related “other” entries reflect the redemption of 2,000 Symbotic Holdings Units into Class A shares and cancellation/retirement of paired Class V‑1 shares.

Key Details

  • Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (appears timely).
  • Open‑market lots reported (all dispositions):
    • 551 shares at $46.33 — $25,530
    • 595 shares at $47.49 — $28,257
    • 540 shares at $48.08 — $25,965
    • 120 shares at $49.44 — $5,932
    • 194 shares at $50.05 — $9,710
      (Total ≈ $95,394)
  • Other (non‑cash/derivative) entries: redemption/acquisition and cancellation of 2,000 Symbotic Holdings Units and paired Class V‑1 shares in connection with the sale (see footnote F3).
  • Footnotes of note:
    • Trades executed pursuant to a pre‑arranged Rule 10b5‑1 plan (F3, F5).
    • Aggregate same‑day reporting was used for some lots; the filer offers to provide per‑price breakdowns on request (F6–F10).
    • Class V‑1 shares have no economic rights and carry one vote each (F1); Symbotic Holdings Units are redeemable one‑for‑one into Class A shares (F2).
    • The filing includes standard beneficial‑ownership disclaimers re: trusts and spouse holdings (F11–F13).
  • Shares owned after the transaction: not specified in the excerpt provided.

Context
Sales made under a Rule 10b5‑1 plan are pre‑arranged dispositions and are generally considered routine rather than an immediate signal about the insider’s view of the company. The “other” (J) entries here reflect a unit redemption and the mechanical cancellation of paired V‑1 shares tied to the Symbotic Holdings Units structure — not a market purchase. As always, retail investors should treat insider purchases as stronger signals than routine, pre‑arranged sales.

Insider Transaction Report

Form 4
Period: 2026-03-09
KRASNOW TODD
Director
Transactions
  • Other

    Class V-1 Common Stock

    [F1][F2][F3][F4]
    2026-03-092,000583,079 total(indirect: By Inlet View, Inc.)
  • Other

    Class A Common Stock

    [F1][F2][F3][F4]
    2026-03-09+2,0002,000 total(indirect: By Inlet View, Inc.)
  • Sale

    Class A Common Stock

    [F5][F6][F4]
    2026-03-09$46.33/sh551$25,5301,449 total(indirect: By Inlet View, Inc.)
  • Sale

    Class A Common Stock

    [F5][F7][F4]
    2026-03-09$47.49/sh595$28,257854 total(indirect: By Inlet View, Inc.)
  • Sale

    Class A Common Stock

    [F5][F8][F4]
    2026-03-09$48.08/sh540$25,965314 total(indirect: By Inlet View, Inc.)
  • Sale

    Class A Common Stock

    [F5][F9][F4]
    2026-03-09$49.44/sh120$5,932194 total(indirect: By Inlet View, Inc.)
  • Sale

    Class A Common Stock

    [F5][F10][F4]
    2026-03-09$50.05/sh194$9,7100 total(indirect: By Inlet View, Inc.)
  • Other

    Symbotic Holdings Units

    [F1][F2][F3][F4]
    2026-03-092,000583,079 total(indirect: By Inlet View, Inc.)
    Class A Common Stock (2,000 underlying)
Holdings
  • Class A Common Stock

    10,345
  • Class A Common Stock

    [F11]
    (indirect: By Trust)
    40,000
  • Class V-1 Common Stock

    [F1][F2]
    187,036
  • Class V-1 Common Stock

    [F1][F2][F12][F13]
    (indirect: By Spouse)
    180,000
  • Symbotic Holdings Units

    [F1][F2]
    Class A Common Stock (194,036 underlying)
    187,036
  • Symbotic Holdings Units

    [F1][F2][F12][F13]
    (indirect: By Spouse)
    Class A Common Stock (180,000 underlying)
    180,000
Footnotes (13)
  • [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]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 $49.905 to $50.195, 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.
  • [F11]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.
  • [F12]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.
  • [F13]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 March 9, 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 March 9, 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 $45.845 to $46.82, 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 $46.865 to $47.84, 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 $47.845 to $48.785, 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]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 $49.09 to $49.77, 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.
Signature
/s/ Corey Dufresne, Attorney-in-Fact for Todd Krasnow|2026-03-11

Documents

1 file
  • 4
    wk-form4_1773273287.xmlPrimary

    FORM 4