KANE CHARLES 4

What Happened

• Director Charles Kane sold 4,000 Class A shares of Symbotic in open‑market transactions executed March 9, 2026, generating aggregate proceeds of about $191,431. The sales were executed under a Rule 10b5‑1 trading plan entered on December 8, 2025.
• In connection with the sales, Mr. Kane redeemed 4,000 Symbotic Holdings Units in exchange for an equal number of Class A shares; the paired Class V‑1 shares were canceled (no proceeds) per the limited‑liability company agreement. The Form 4 also includes an other‑disposition entry dated March 11 related to the derivative/unit cancellation.

Key Details

• Transaction date: March 9, 2026 (filed March 11, 2026 — timely)
• Open‑market sales (aggregate 4,000 shares):
  • 800 shares @ $46.40 — $37,118
  • 1,436 shares @ $47.50 — $68,217
  • 1,190 shares @ $48.18 — $57,338
  • 574 shares @ $50.10 — $28,758
  • Total proceeds ≈ $191,431
• Related redemptions/other dispositions: redeemed 4,000 Symbotic Holdings Units for 4,000 Class A shares; 4,000 Class V‑1 shares were canceled and retired for no consideration.
• Footnotes: sales executed under a 10b5‑1 plan (entered Dec 8, 2025). Price ranges for same‑day aggregated trades are reported in filing footnotes (details available on request).
• Shares owned after the transactions: not specified in the provided filing.

Context

• These were sales (routine disposition) under a pre‑arranged 10b5‑1 plan; such plans allow insiders to sell according to a preset schedule and are generally considered scheduled/liquidation activity rather than a real‑time bullish signal.
• The Symbotic Holdings Units referenced are paired LLC units and Class V‑1 shares that can be redeemed one‑for‑one for Class A common stock; Class V‑1 shares have voting rights but no economic rights and were canceled on redemption.