Filing Details
- Accession Number:
- 0001837240-25-000047
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-02-05 20:02:35
- Reporting Period:
- 2025-02-03
- Filing Date:
- 2025-02-05
- Accepted Time:
- 2025-02-05 20:02:35
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1837240 | Symbotic Inc. | SYM | General Industrial Machinery & Equipment, Nec (3569) | 981572401 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1851963 | J. Carol Hibbard | C/O Symbotic Inc. 200 Research Drive Wilmington MA 01887 | Chief Financial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Acquisiton | 2025-02-03 | 14,253 | $0.00 | 48,441 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2025-02-05 | 4,055 | $30.70 | 44,386 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Restricted Stock Units | Disposition | 2025-02-03 | 14,253 | $0.00 | 14,253 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
99,765 | No | 4 | M | Direct |
Footnotes
- Restricted stock units convert into Class A common stock on a one-for-one basis.
- This transaction represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. These sales were mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction, and do not represent discretionary trades by the Reporting Person.
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- On November 3, 2023, the Reporting Person was granted 171,027 restricted stock units that vest as follows: 1/3 of the restricted stock units vest on November 3, 2024, 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.