Boyd William M III 4

What Happened
William M. Boyd III, Symbotic’s Chief Strategy Officer, reported exercise/conversion of derivative awards and new restricted stock unit (RSU) grants on January 23, 2026. The filing shows conversions of 36,872 derivative units (broken into 8,826; 2,910; and 25,136) and matching disposition entries for those 36,872 shares at $0.00 (no cash proceeds reported). In addition, two awards totaling 46,034 RSUs were reported as acquired (30,689 and 15,345 RSUs) at $0.00 consideration.

Key Details

• Transaction date: January 23, 2026; Form 4 filed January 27, 2026 (timely filed within the reporting window).
• Derivative conversions (transaction code M): 8,826; 2,910; and 25,136 shares (total 36,872). Corresponding disposition entries list $0.00 consideration.
• Awards/grants (transaction code A): 30,689 RSUs and 15,345 RSUs (total 46,034 RSUs). Footnote F1: each RSU represents a contingent right to one share of Class A common stock.
• Shares owned after the transactions are not specified in the provided filing details.
• Relevant footnotes (F2–F6) summarize prior RSU grants (dates: Jan 23, 2023; Jan 23, 2024; Jan 23, 2025) and their vesting schedules (staggered vesting with portions vesting in 2026, 2027 and full vesting by Jan 23, 2029 for one grant).

Context

• Transaction codes: M = exercise/conversion of derivative; A = grant/award. For retail investors: the filing shows conversion of derivative awards and new RSU grants, with no cash proceeds reported on the disposition lines — the filing does not state cash sales or market transactions.
• RSU grants are typically subject to continued service-based vesting (see footnotes), so the awarded RSUs do not necessarily represent immediately tradable shares until they vest.
• Filing was timely, so no late-filing implications are indicated.