William M. Boyd III - Oct 28, 2024 Form 4 Insider Report for Symbotic Inc. (SYM)

Role
Chief Strategy Officer
Signature
/s/ Corey Dufresne, Attorney-in-Fact for William M. Boyd, III
Stock symbol
SYM
Transactions as of
Oct 28, 2024
Transactions value $
-$250,026
Form type
4
Date filed
10/30/2024, 05:34 PM
Previous filing
Oct 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYM Class A Common Stock Sale -$241K -8.53K -26.78% $28.31 23.3K Oct 28, 2024 Direct F1, F2
transaction SYM Class A Common Stock Sale -$8.67K -300 -1.29% $28.89 23K Oct 28, 2024 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was executed pursuant to a trading plan entered into by the Reporting Person on December 14, 2023, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2 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 $27.85 to $28.75, 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.
F3 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 $28.85 to $28.91, 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.