Alexander Brian Daniel 4
4 · Symbotic Inc. · Filed Apr 27, 2026
Research Summary
AI-generated summary of this filing
Symbotic (SYM) SVP Brian Daniel Sells Shares After RSU Vesting
What Happened
- Alexander Brian Daniel, SVP, Commercial at Symbotic (SYM), had 82,036 restricted stock units vest/convert on April 23, 2026 and then sold a total of 37,860 shares in open-market transactions to satisfy tax withholding and other obligations. The sales comprised 36,512 shares at $59.95 ($2,188,810) and 1,348 shares at $60.63 ($81,731), totaling approximately $2,270,541. The vesting/conversion is shown as a derivative exercise/conversion of RSUs.
Key Details
- Transaction dates: RSU vest/convert on 2026-04-23; market sales on 2026-04-24. Filing date: 2026-04-27.
- Sales reported: 36,512 shares @ $59.95 and 1,348 shares @ $60.63; aggregated same-day sale prices ranged roughly $59.55–$60.69 per footnotes.
- Shares acquired via conversion: 82,036 RSUs converted/settled on 2026-04-23.
- Total proceeds from reported market sales: ~ $2,270,541.
- Not discretionary: Footnote F3 states these sales were required to cover tax withholding (a company "sell-to-cover" election). Footnote F6 describes the original RSU grant (246,135 RSUs on 4/23/2025; 1/3 vested 4/23/2026).
- Small additional note: Footnote F2 references 53 shares acquired 2/27/2026 under the ESPP (exempt transactions).
- Shares owned after the transactions are not specified in the excerpt of this filing.
Context
- This is a common pattern when restricted stock units vest: the holder receives shares (conversion/exercise) and the company or holder sells a portion immediately to cover taxes ("sell-to-cover"). Such sales are administrative and do not necessarily indicate a change in the insider’s view of the company.
Insider Transaction Report
Form 4
Alexander Brian Daniel
SVP, Commercial
Transactions
- Exercise/Conversion
Class A Common Stock
[F1][F2]2026-04-23+82,036→ 82,089 total - Sale
Class A Common Stock
[F3][F4]2026-04-24$59.95/sh−36,512$2,188,810→ 45,577 total - Sale
Class A Common Stock
[F3][F5]2026-04-24$60.63/sh−1,348$81,731→ 44,229 total - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-04-23−82,036→ 164,099 total→ Class A Common Stock (82,036 underlying)
Holdings
- 42.77(indirect: By HSA)
Class A Common Stock
Footnotes (6)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- [F2]Includes 53 shares acquired on February 27, 2026 under the Symbotic Inc. 2022 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
- [F3]This transaction represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. These sales were mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction, and do not represent discretionary trades by the Reporting Person.
- [F4]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 $59.55 to $60.51, 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.
- [F5]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 $60.56 to $60.69, 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.
- [F6]On April 23, 2025, the Reporting Person was granted 246,135 restricted stock units that vest as follows: 1/3 of the restricted stock units vest on April 23, 2026, and 1/12 of the restricted stock units vest quarterly thereafter, subject to the Reporting Person continued service with the Issuer on the applicable vesting dates.
Signature
/s/ Corey Dufresne, as Attorney-in-Fact for Reporting Person|2026-04-27