Alexander Brian Daniel 4

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.