Boyd William M III 4
Research Summary
AI-generated summary
Symbotic (SYM) Chief Strategy Officer William Boyd III Sells Shares
What Happened
- William M. Boyd III, Chief Strategy Officer of Symbotic (SYM), sold 5,115 shares in an open-market transaction on July 1, 2026. The filing reports an aggregate proceeds value of $230,960 and an average reported price of $45.15 per share; the sale was executed under a pre-established trading plan.
Key Details
- Transaction date: July 1, 2026 (filed with the SEC on July 6, 2026)
- Reported shares sold: 5,115
- Reported aggregate value: $230,960; average reported price: $45.15
- Price range (per footnote): shares were sold in multiple trades at prices between $45.00 and $45.37
- Method: Open-market sale (Form 4 code S)
- Shares owned after the transaction: Not specified in the provided filing
- Footnotes: Sale executed pursuant to a 10b5-1 trading plan entered August 19, 2025; filer will provide per-trade breakdown within the reported price range upon request
Context
- The sale was made under a Rule 10b5-1 trading plan (set up in August 2025), which typically indicates pre-arranged, systematic selling rather than a discretionary, current-market decision. That context is important for interpreting insider sales: purchases tend to be more informative about an insider’s view of the company than planned sales. Check the full Form 4 for any additional disclosures or timeliness flags.