Boyd William M III 4
4 · Symbotic Inc. · Filed Apr 27, 2026
Research Summary
AI-generated summary of this filing
Symbotic (SYM) Chief Strategy Officer Boyd William M III Sells Shares
What Happened
- Boyd William M III, Chief Strategy Officer at Symbotic (SYM), had 9,194 restricted stock units convert into Class A shares on April 23, 2026 (two conversions of 2,909 and 6,285 RSUs). He sold those 9,194 shares in open-market transactions reported April 27, 2026, for aggregate proceeds of approximately $540,123. The sales were executed in multiple trades at prices around $58–$60 per share.
Key Details
- Transaction dates: RSU conversion/exercise on 2026-04-23; open-market sales on 2026-04-27.
- Reported sale breakdown:
- 4,080 shares at $58.10 — $237,039
- 2,470 shares at $58.71 — $145,004
- 2,644 shares at $59.79 — $158,080
- Total sold: 9,194 shares for ~$540,123.
- Footnotes of note:
- F1/F7: The transactions involved restricted stock units converting one-for-one into Class A common stock.
- F3: At least one sale was executed pursuant to a prearranged Rule 10b5-1 trading plan (entered Aug 19, 2025).
- F4–F6: Sales were reported in aggregate and occurred across multiple trades with prices in the roughly $57.36–$60.10 range; the filer can provide a per-trade breakdown on request.
- F8/F9: The filing references prior restricted stock unit grants (Jan 23, 2024 and Jan 23, 2025) that explain the source of the vested RSUs.
- F2: The filer also acquired 548 shares via the company ESPP earlier in 2026 (exempt transactions).
- Shares owned after the transactions: not specified in this Form 4 filing.
- Filing date: Report filed April 27, 2026 (covers conversion on April 23 and sales on April 27).
Context
- These transactions reflect RSU vesting/conversion followed by open-market sales. The presence of a Rule 10b5-1 plan indicates the sales were preplanned rather than ad hoc. Conversions of RSUs (not option exercises requiring cash) simply deliver shares; when those shares are sold soon after, it is typically to monetize vested equity or satisfy tax/financial planning needs.
Insider Transaction Report
Form 4
Boyd William M III
Chief Strategy Officer
Transactions
- Exercise/Conversion
Class A Common Stock
[F1][F2]2026-04-23+2,909→ 65,136 total - Exercise/Conversion
Class A Common Stock
[F1]2026-04-23+6,285→ 71,421 total - Sale
Class A Common Stock
[F3][F4]2026-04-27$58.10/sh−4,080$237,039→ 67,341 total - Sale
Class A Common Stock
[F3][F5]2026-04-27$58.71/sh−2,470$145,004→ 64,871 total - Sale
Class A Common Stock
[F3][F6]2026-04-27$59.79/sh−2,644$158,080→ 62,227 total - Exercise/Conversion
Restricted Stock Units
[F7][F8]2026-04-23−2,909→ 8,728 total→ Class A Common Stock (2,909 underlying) - Exercise/Conversion
Restricted Stock Units
[F7][F9]2026-04-23−6,285→ 43,995 total→ Class A Common Stock (6,285 underlying)
Footnotes (9)
- [F1]Restricted stock units convert into Class A common stock on a one-for-one basis.
- [F2]Includes 548 shares acquired on February 27, 2026 under the Symbotic Inc. 2022 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
- [F3]This transaction was executed pursuant to a trading plan entered into by the Reporting Person on August 19, 2025, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- [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 $57.36 to $58.35, 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]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 $58.36 to $59.35, 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.
- [F6]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 $59.48 to $60.10, 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.
- [F7]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- [F8]On January 23, 2024, the Reporting Person was granted 34,908 restricted stock units that vest as follows: 1/3 of the restricted stock units vest on January 23, 2025, 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.
- [F9]On January 23, 2025, the Reporting Person was granted 75,416 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.
Signature
/s/ Corey Dufresne, Attorney-in-Fact for William M. Boyd, III|2026-04-27