Todd Krasnow - 12 May 2025 Form 4 Insider Report for Symbotic Inc. (SYM)

Role
Director
Signature
/s/ Corey Dufresne, Attorney-in-Fact for Todd Krasnow
Issuer symbol
SYM
Transactions as of
12 May 2025
Net transactions value
-$263,858
Form type
4
Filing time
14 May 2025, 20:57:31 UTC
Previous filing
08 Apr 2025
Next filing
29 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
KRASNOW TODD Director C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON /s/ Corey Dufresne, Attorney-in-Fact for Todd Krasnow 14 May 2025 0001526378

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYM Class V-1 Common Stock Gift $0 -5,000 -2.6% $0.000000 189,036 12 May 2025 Direct F1, F2, F3
transaction SYM Class A Common Stock Sale $107,181 -4,060 -100% $26.40 0 13 May 2025 Direct F4
transaction SYM Class V-1 Common Stock Other -5,940 -0.91% 645,079 13 May 2025 By Inlet View, Inc. F1, F2, F5, F6
transaction SYM Class A Common Stock Other +5,940 5,940 13 May 2025 By Inlet View, Inc. F1, F2, F5, F6
transaction SYM Class A Common Stock Sale $156,677 -5,940 -100% $26.38 0 13 May 2025 By Inlet View, Inc. F6, F7
holding SYM Class A Common Stock 50,000 12 May 2025 By Trust F8
holding SYM Class V-1 Common Stock 180,000 12 May 2025 By Spouse F9, F10

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 Symbotic Holdings Units Gift -5,000 -2.6% 189,036 12 May 2025 Class A Common Stock 5,000 Direct F1, F2, F3
transaction SYM Symbotic Holdings Units Other -5,940 -0.91% 645,079 13 May 2025 Class A Common Stock 5,940 By Inlet View, Inc. F1, F2, F5, F6
holding SYM Symbotic Holdings Units 180,000 12 May 2025 Class A Common Stock 180,000 By Spouse F1, F2, F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The term "Symbotic Holdings Units" is used herein to represent limited liability company units of Symbotic Holdings and an equal number of paired shares of Class V-1 Common Stock of the Issuer, which, pursuant to the limited liability company agreement of Symbotic Holdings, are together redeemable by the holder on a one-for-one basis for a share of Class A Common Stock of the Issuer, subject to conversion rate adjustments for stock splits, stock dividends, reclassification and other similar transactions, and in accordance with other terms and conditions set forth in Symbotic Holdings' Second Amended and Restated Limited Liability Company Agreement, dated as of June 7, 2022. Upon redemption, the Issuer will cancel the Symbotic Holdings Units and cancel and retire for no consideration the redeemed shares of Class V-1 Common Stock.
F2 Shares of Class V-1 Common Stock of the Issuer have no economic rights and each share of Class V-1 Common Stock entitles its holder to 1 vote per share.
F3 On May 12, 2025, the Reporting Person transferred 5,000 Symbotic Holdings Units and an equal number of paired shares of Class V-1 common stock to the Todd and Deborah Krasnow Foundation, a charitable foundation of which the Reporting Person is a trustee. The Reporting Person has voting and investment power over all securities owned by the foundation.
F4 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 $26.32 to $26.54, 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.
F5 On May 13, 2025, the Reporting Person sold 5,940 shares of Class A Common Stock (the "Stock Sale"). In connection with the Stock Sale, effective May 13, 2025, the Reporting Person redeemed 5,940 Symbotic Holdings Units in exchange for an equal number of shares of Class A Common Stock (the "Redemption"). In connection with the Redemption, Symbotic Holdings canceled the Symbotic Holdings Units, and the Issuer canceled and retired for no consideration the redeemed 5,940 shares of Class V-1 Common Stock.
F6 Todd Krasnow may be considered the beneficial owner of securities held by Inlet View, Inc., of which Mr. Krasnow is the President and CEO. Mr. Krasnow disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F7 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 $26.33 to $26.525, 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.
F8 Todd Krasnow may be considered the beneficial owner of 25,000 shares of Class A Common Stock held by the Krasnow Family 2019 Charitable Remainder Trust and 25,000 shares of Class A Common Stock held by the Todd and Deborah Krasnow CRUT, both of which are trusts for which Mr. Krasnow is trustee and to which Mr. Krasnow is a beneficiary. Mr. Krasnow disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F9 Consists of (i) 30,000 Symbotic Holdings Units and an equal number of paired shares of Class V-1 common stock held by the Reporting Person's spouse and (ii) 150,000 Symbotic Holdings Units and an equal number of paired shares of Class V-1 common stock held by the Todd J. Krasnow 2024 Irrevocable Trust, in which the Reporting Person's spouse acts as trustee and to which members of the Reporting Person's immediate family have a pecuniary interest.
F10 The Reporting Person disclaims beneficial ownership of the securities held by his spouse. The Reporting Person does not have voting or investment control over the securities held by the Todd J. Krasnow 2024 Irrevocable Trust and disclaims beneficial ownership of such securities except to the extent that the Reporting Person may be considered to have an indirect pecuniary interest therein. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of the spouse's securities or the securities held by the trust for purposes of Section 16 or for any other purpose.