Maria G. Freve - 23 Apr 2025 Form 4 Insider Report for Symbotic Inc. (SYM)

Role
Reporting Person's title is VP, Controller and Chief Accounting Officer
Signature
/s/ Corey Dufresne, Attorney-in-Fact for Maria G. Freve
Issuer symbol
SYM
Transactions as of
23 Apr 2025
Net transactions value
-$41,846
Form type
4
Filing time
25 Apr 2025, 16:05:00 UTC
Previous filing
27 Jan 2025
Next filing
25 Jul 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYM Class A Common Stock Options Exercise +4,575 4,575 23 Apr 2025 Direct F1
transaction SYM Class A Common Stock Sale $41,846 -1,929 -42% $21.69 2,646 24 Apr 2025 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SYM Restricted Stock Units Options Exercise $0 -4,575 -33% $0.000000 9,152 23 Apr 2025 Class A Common Stock 4,575 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
F2 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.
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 $21.655 to $21.73, 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.
F4 On April 23, 2024, the Reporting Person was granted 13,727 restricted stock units that vest as follows: 1/3 of the restricted stock units vest on April 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.

Remarks:

Reporting Person's title is VP, Controller and Chief Accounting Officer