Ladensohn David A 4
Research Summary
AI-generated summary
Symbotic (SYM) 10% Owner David A. Ladensohn Disposes Shares
What Happened
David A. Ladensohn, reported as a 10% owner (and trustee of related trusts), disclosed dispositions on May 15, 2026 consisting of: 384,222 shares of Class V‑1 common stock (disposed) and 12,469,262 shares of Class V‑3 common stock (disposed), each reported at $0.00; plus 12,853,484 paired Symbotic Holdings Units (derivative) reported as disposed (N/A price). The transactions were distributions from the 2014 QSST F/B/O Perry Cohen to other trusts at the trustee’s instruction; the filing states Mr. Ladensohn disclaims beneficial ownership of the distributed securities.
Key Details
- Transaction date: May 15, 2026; Form 4 filed May 19, 2026 (filed on the second business day following the transaction).
- Reported amounts: 384,222 V‑1 shares; 12,469,262 V‑3 shares; 12,853,484 Symbotic Holdings Units (paired units). Two stock lines reported at $0.00; the paired units reported as N/A (derivative).
- Shares owned after transaction: Not specified in this filing.
- Notable footnotes: Distributions came from the 2014 QSST for the benefit of its beneficiary; Mr. Ladensohn is a trustee and disclaims beneficial ownership. The filing also notes potential trustee relationships to other trusts (Tilia MillTrust, Serenade QSST Trust, The RBC Millennium Trust).
- Filing timeliness: Reported within the required two business days (filed May 19 for a May 15 transaction).
Context
- The paired "Symbotic Holdings Units" represent LLC units paired with V‑class shares that are generally redeemable one‑for‑one for Class A common stock under the holdings agreement; upon redemption the paired V shares and units are canceled/retired.
- These were trust distributions (not open‑market sales). Trust distributions and trustee actions do not necessarily reflect the personal trading intent of the trustee and, per the filing, Mr. Ladensohn disclaims beneficial ownership of the distributed securities.