Symbotic (SYM) 10% Owner David Ladensohn Reports Trust Transfers

What Happened David A. Ladensohn, reported as a 10% owner, disclosed multiple trust-related transfers on 2026-09-10 involving Class V‑1 common stock and paired Symbotic Holdings Units. The Form 4 shows two dispositions (code J) of 200,000 shares each (priced at $0.00) and two gifts (code G) recorded as acquisitions of 231,896 and 373,896 shares (priced at $0.00). Matching derivative entries for the paired Symbotic Holdings Units were reported with the same counts (dispositions and gifts). No cash value was reported for these transactions.

Key Details

• Transaction date: September 10, 2026; Form 4 filed September 14, 2026 (filed within the standard 2 business‑day window).
• Reported moves (equity only, excluding paired-unit duplicates): dispositions of two lots of 200,000 shares; gifts of 231,896 and 373,896 shares. Prices reported as $0.00 (or N/A for derivative units).
• Beneficial ownership: the filing and footnotes state Mr. Ladensohn disclaims beneficial ownership of certain securities held by the trusts; post‑transaction beneficial ownership is not asserted in the Form 4.
• Footnotes: trusts named (The Serenade QSST Trust, The Tilia Mill Trust and several receptacle/remainder trusts) distributed shares to beneficiaries; Mr. Ladensohn is identified as trustee or co‑trustee and disclaims beneficial ownership (see F1–F7).
• Derivative explanation: the “Symbotic Holdings Units” are paired LLC units and shares that are redeemable one‑for‑one for Class A common stock under the holdings agreement (see F8).
• Transaction codes: J indicates trust/other disposition with disclaimer of beneficial ownership; G indicates gift. No 10b5‑1 or tax‑withholding codes are reported.

Context

• Gifts and trust distributions are administrative/legal transfers and do not necessarily signal the reporting person's view of the stock — they often reflect estate or trust arrangements. Because Mr. Ladensohn disclaims beneficial ownership for several of the affected trusts, these entries primarily document trust distributions and paired‑unit movements rather than open‑market buying or selling.