[Form 4] Symbotic Inc. Insider Trading Activity

Rhea-AI Filing Summary

Symbotic Inc. (SYM) – Form 4 insider transaction

Chief Strategy Officer William M. Boyd III reported a series of related transactions on 10 July 2025 under a Rule 10b5-1 trading plan adopted 29 Aug 2024:

• Redemption: 25,000 Symbotic Holdings Units and the paired 25,000 Class V-1 shares were redeemed one-for-one for 25,000 Class A shares.
• Sale: The same day, Boyd sold 25,000 Class A shares at $49.00 per share, generating gross proceeds of about $1.23 million.
• Post-trade holdings (direct): 34,544 Class A shares.
  Post-trade holdings (indirect): 250,000 Class V-1/Unit pairs via a 2025 Qualified Annuity Trust and 189,353 via a 2015 Revocable Trust.

The filing indicates continued sizeable ownership but a modest reduction of approximately 25,000 economic units. Because the disposition was executed under a pre-established 10b5-1 plan, the sale may carry less negative signaling than discretionary selling.

Positive

• Sale executed under a disclosed Rule 10b5-1 plan, reducing potential concerns about opportunistic insider trading.
• Officer retains significant ownership (≈473k units/shares combined), maintaining alignment with shareholders.

Negative

• Insider selling of 25,000 Class A shares for ~$1.23 million represents a modest decrease in economic stake and could be perceived negatively by some investors.

Insights

Securities Analyst

TL;DR: Rule-10b5-1 sale of 25k shares (~$1.2 M); modest stake reduction, limited market impact.

The transaction converts and immediately sells 25,000 shares, trimming Boyd’s direct and overall economic exposure by roughly 2% of his reported total holdings. Execution under a 10b5-1 plan mitigates signaling risk, suggesting liquidity management rather than a strategic outlook change. Given Symbotic’s multi-billion-dollar market capitalisation, the dollar value and share count are immaterial to float and unlikely to influence valuation.

Corporate Governance Expert

TL;DR: Pre-planned sale demonstrates compliance; insider still holds >470k convertible units/shares.

The filing shows good governance practices: clear 10b5-1 disclosure, prompt Form 4 submission, and detailed explanation of paired unit conversion. Boyd retains substantial voting power through V-1 shares, aligning interests with common shareholders. The partial monetisation is not large enough to raise red-flags about confidence but is worth monitoring for trend developments.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

Boyd William M III

(Last) (First) (Middle)

C/O SYMBOTIC INC., 200 RESEARCH DRIVE

(Street)

WILMINGTON MA 01887

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Symbotic Inc. [ SYM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Strategy Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class V-1 Common Stock(1)	07/10/2025		J(1)(2)		25,000	D	(1)(2)	25,000	D
Class A Common Stock	07/10/2025		J(1)(2)		25,000	A	(1)(2)	59,544	D
Class A Common Stock	07/10/2025		S(3)		25,000	D	$49	34,544	D
Class V-1 Common Stock(1)								250,000	I	By William M. Boyd, III 2025 Qualified Annuity Trust
Class V-1 Common Stock(1)								189,353	I	By The William M. Boyd, III Revocable Trust of 2015

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Symbotic Holdings Units(1)	(1)	07/10/2025		J(1)(2)			25,000	(1)	(1)	Class A Common Stock	25,000	(1)	25,000	D
Symbotic Holdings Units(1)	(1)							(1)	(1)	Class A Common Stock	250,000		250,000	I	By the William M. Boyd, III 2025 Qualified Annuity Trust
Symbotic Holdings Units(1)	(1)							(1)	(1)	Class A Common Stock	189,353		189,353	I	By The William M. Boyd, III Revocable Trust of 2015

Explanation of Responses:

1. 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. 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.

2. On July 10, 2025, the Reporting Person sold 25,000 shares of Class A Common Stock pursuant to a trading plan entered into by the Reporting Person on August 29, 2024, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the "Stock Sale"). In connection with the Stock Sale and pursuant to the terms of the trading plan, effective July 10, 2025, the Reporting Person redeemed 25,000 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 25,000 shares of Class V-1 Common Stock.

3. This transaction was executed pursuant to a trading plan entered into by the Reporting Person on August 29, 2024, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.

Remarks:

	/s/ Corey Dufresne, Attorney-in-Fact for William M. Boyd, III	07/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Symbotic (SYM) shares did William M. Boyd III sell?

He sold 25,000 Class A shares on 10 July 2025.

What was the sale price of the Symbotic shares?

The shares were sold at $49.00 each.

Was the transaction part of a Rule 10b5-1 trading plan?

Yes, the trades were executed under a 10b5-1 plan adopted on 29 Aug 2024.

How many Symbotic shares does Boyd hold after the sale?

He directly holds 34,544 Class A shares and indirectly controls 439,353 Symbotic Holdings Units/Class V-1 shares.

Does the redeemed Class V-1 stock carry economic rights?

No. Class V-1 shares have no economic rights but carry one vote per share and are cancelled upon redemption.

What is a Symbotic Holdings Unit?

Each unit consists of one LLC unit and one Class V-1 share, redeemable 1-for-1 for a Class A share.