Kuffner James 4
4 · Symbotic Inc. · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
Symbotic (SYM) CTO James Kuffner Sells Shares
What Happened
James Kuffner, Chief Technology Officer of Symbotic (SYM), settled vested restricted stock units and converted/treated derivatives on Jan 23, 2026 and sold shares on Jan 26, 2026. The filing reports:
- Conversion/exercise of 191,663 derivative/vested RSU shares on Jan 23, 2026 (related to previously granted RSUs).
- Open-market sales on Jan 26, 2026 of 76,273 shares at a reported average price of $59.76 (proceeds $4,557,853) and 1,048 shares at $60.29 (proceeds $63,186), total proceeds approximately $4,621,039.
- Additional RSU-related awards reported as acquired on Jan 23, 2026: 61,379 and 30,690 restricted stock units (each unit represents the right to one share).
Key Details
- Transaction dates/prices: conversion/exercise on 2026-01-23; sales on 2026-01-26. Reported sale prices grouped as $59.76 (76,273 sh) and $60.29 (1,048 sh). Footnotes say actual sale prices ranged $59.25–$60.35 across multiple trades.
- Proceeds: ~ $4.62 million from the open-market sales.
- Shares owned after transaction: Not disclosed in the provided filing data.
- Notable footnotes: F1 explains RSUs represent a contingent right to one share. F2 states the sales were “sell-to-cover” transactions mandated to satisfy tax withholding (not discretionary trades by the reporting person). F3/F4 note aggregate reporting of same‑day sales across price ranges. F5–F7 describe the RSU grant and vesting schedules (1/3 vested on Jan 23, 2026 for the 575,048 grant, and other tranches vesting later).
- Filing timeliness: Form 4 filed Jan 27, 2026 for transactions dated Jan 23–26, 2026; the filing appears to be late relative to the transaction dates.
Context
- The activity represents settlement of vested RSUs and mandatory sell-to-cover tax withholding, not an obvious discretionary sale signal. The derivative conversion (M) reflects vesting/settlement of RSUs (cashless in effect due to tax withholding), followed by required sales to cover taxes.
- For retail investors: mandated sell-to-cover sales are common after RSU vesting and do not necessarily indicate the insider’s view on the company’s outlook.
Insider Transaction Report
Form 4
Kuffner James
Chief Technology Officer
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-01-23+191,663→ 222,303 total - Sale
Class A Common Stock
[F2][F3]2026-01-26$59.76/sh−76,273$4,557,853→ 146,030 total - Sale
Class A Common Stock
[F2][F4]2026-01-26$60.29/sh−1,048$63,186→ 144,982 total - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-01-23−191,663→ 383,385 total→ Class A Common Stock (191,663 underlying) - Award
Restricted Stock Units
[F1][F6]2026-01-23+61,379→ 61,379 total→ Class A Common Stock (61,379 underlying) - Award
Restricted Stock Units
[F1][F7]2026-01-23+30,690→ 30,690 total→ Class A Common Stock (30,690 underlying)
Footnotes (7)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- [F2]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.
- [F3]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 $59.25 to $60.23, 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.
- [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 $60.25 to $60.35, 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]On January 23, 2025, the Reporting Person was granted 575,048 restricted stock units that vest as follows: 1/3 of the restricted stock units vest on January 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.
- [F6]The restricted stock units vest as follows: 1/3 of the restricted stock units vest on January 23, 2027, 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
- [F7]The restricted stock units vest in full on January 23, 2029, subject to the Reporting Person continued service with the Issuer on the vesting date.
Signature
Corey Dufresne, Attorney-in-Fact for James Kuffner|2026-01-27