Symbotic Inc.·4

Mar 9, 5:09 PM ET

Rus Daniela L 4

Research Summary

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Symbotic (SYM) Director Daniela Rus Exercises Derivatives, Receives RSUs

What Happened
Daniela L. Rus, a director of Symbotic, converted restricted stock units/derivative awards in early March 2026. On March 1 she converted 6,967 derivative shares and on March 5 she converted 10,345 derivative shares; those converted amounts were recorded as disposed at $0.00 (total surrendered 17,312 shares). On March 5 she was also issued/received 4,738 shares (grant/award) at $0.00. Net result: 4,738 shares were retained by the reporting person after conversions/withholding.

Key Details

  • Transaction dates: March 1, 2026 (conversion of 6,967 shares); March 5, 2026 (conversion of 10,345 shares and grant/award of 4,738 shares). Filing date: March 9, 2026.
  • Prices reported: $0.00 for the acquisitions and $0.00 for the disposals (derivative conversions/net settlement).
  • Shares surrendered/disposed: 17,312 (6,967 + 10,345) at $0.00 — consistent with shares withheld or net-settled on conversion/vesting.
  • Net shares acquired: 4,738 shares delivered to the reporting person on March 5.
  • Footnotes: RSUs convert one-for-one into Class A common stock (F1–F2). Vesting schedules referenced include grants from March 1, 2023 and March 6, 2025 with specified vesting dates (F3–F5).
  • Timeliness: Filing dated March 9, 2026 covers transactions on March 1 and March 5; the March 1 transaction appears to have been filed late.

Context

  • These entries reflect RSU/derivative conversions and an award delivery. Disposals at $0.00 commonly indicate shares were surrendered to satisfy tax withholding or net-settlement obligations when RSUs vested.
  • This was not a cash purchase or open-market sale; it reflects vesting/conversion mechanics rather than a directional buy/sell decision.