Richard B. Cohen - Jun 12, 2025 Form 4 Insider Report for Symbotic Inc. (SYM)

Role
Reporting Person is Board Chair, President and Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Corey Dufresne, Attorney-in-Fact for Richard B. Cohen
Stock symbol
SYM
Transactions as of
Jun 12, 2025
Transactions value $
$0
Form type
4
Date filed
6/16/2025, 06:53 PM
Previous filing
Feb 28, 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Cohen Richard B Reporting Person is Board Chair, President and Chief Executive Officer, Director, 10%+ Owner C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON /s/ Corey Dufresne, Attorney-in-Fact for Richard B. Cohen 2025-06-16 0001933447

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYM Class V-1 Common Stock Other -2.29M -100% 0 Jun 12, 2025 By the RBC 2021 4 Year GRAT F1, F2, F3, F4, F5
transaction SYM Class V-3 Common Stock Other -163M -100% 0 Jun 12, 2025 By RBC 2021 4 Year GRAT F1, F2, F3, F4, F5
transaction SYM Class V-3 Common Stock Gift -750K -30.85% 1.68M Jun 12, 2025 By the Richard B. Cohen Revocable Trust F1, F2, F6, F7
holding SYM Class V-1 Common Stock 2.22M Jun 12, 2025 By RJJRP Holdings, Inc. F1, F2, F8
holding SYM Class V-3 Common Stock 41.5M Jun 12, 2025 By RJJRP Holdings, Inc. F1, F2, F8
holding SYM Class V-1 Common Stock 521K Jun 12, 2025 By Spouse F1, F2, F9
holding SYM Class V-3 Common Stock 165M Jun 12, 2025 By Spouse F1, F2, F9

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 Other -166M -100% 0 Jun 12, 2025 Class A Common Stock 166M By the RBC 2021 4 Year GRAT F1, F2, F3, F4, F5
transaction SYM Symbotic Holdings Units Gift -750K -30.85% 1.68M Jun 12, 2025 Class A Common Stock 750K By the Richard B. Cohen Revocable Trust F1, F2, F6, F7
holding SYM Symbotic Holdings Units 43.8M Jun 12, 2025 Class A Common Stock 43.8M By RJJRP Holdings, Inc. F1, F2, F8
holding SYM Symbotic Holdings Units 166M Jun 12, 2025 Class A Common Stock 166M By Spouse F1, F2, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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. Shares of Class V-3 Common Stock of the Issuer have no economic rights and each share of Class V-3 Common Stock entitles its holder to 3 votes per share.
F2 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 or Class V-3 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 or Class V-3 Common Stock, as applicable.
F3 According to the terms of The RBC 2021 4 Year GRAT's trust agreement, The RBC 2021 4 Year GRAT terminated on March 31, 2025 and the remainder of The RBC 2021 4 Year GRAT (after full and final payment of any annuity amounts owed to Richard B. Cohen) (the "GRAT Remainder"), was to be distributed to the RBC Millennium Trust. The trustees of the RBC Millennium Trust resolved to accept the GRAT Remainder and hold and administer the GRAT Remainder in a separate, GST non-exempt trust apart from the principal and income held by the Millennium Trust. On June 12, 2025, The RBC 2021 4 Year GRAT distributed the GRAT Remainder to The RBC Millennium GST Non-Exempt Trust (the "Distribution"). (Continued)
F4 (Continued from Footnote 3) As a result of the Distribution, The RBC Millennium GST Non-Exempt Trust received in the aggregate the 165,647,479 common units in Symbotic Holdings LLC ("OpCo"), 163,355,074 shares of Symbotic Class V-3 Common Stock and 2,292,405 shares of Symbotic Class V-1 Common Stock previously held by The RBC 2021 4 Year GRAT.
F5 Richard B. Cohen may be considered the beneficial owner of Class V-1 Common Stock, Class V-3 Common Stock and Symbotic Holdings Units held by the RBC 2021 4 Year GRAT, which is a trust for which Mr. Cohen is the trustee and to which Mr. Cohen is the sole beneficiary. Mr. Cohen disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F6 Represents a bona fide gift to a charitable donor-advised fund. Price is not applicable to acquisitions or dispositions resulting from bona fide gifts.
F7 Richard B. Cohen may be considered the beneficial owner of shares of Class V-3 Common Stock and Symbotic Holdings Units held of record by the Richard B. Cohen Revocable Trust, of which Richard B. Cohen is trustee and the sole beneficiary.
F8 Richard B. Cohen may be considered the beneficial owner of shares of Class V-1 Common Stock, shares of Class V-3 Common Stock and Symbotic Holdings Units held of record by RJJRP Holdings, Inc., of which Richard B. Cohen is a shareholder and the President and Chief Executive Officer.
F9 Richard B. Cohen may be considered to have an additional indirect pecuniary interest in Symbotic Holdings Units (including the equivalent number of paired shares of Class V-1 or Class V-3 Common Stock) held by The RBC Millennium Trust and the Jill Cohen Mill Trust (together, the "Spousal Shares") in which Mr. Cohen's spouse acts as trustee and to which members of Mr. Cohen's immediate family have a pecuniary interest. Richard B. Cohen does not have voting or investment control over the Spousal Shares and disclaims beneficial ownership of the Spousal Shares except to the extent that Mr. Cohen may be considered to have an indirect pecuniary interest therein. This report shall not be deemed an admission that the Reporting Persons are the beneficial owners of the Spousal Shares for purposes of Section 16 or for any other purpose.

Remarks:

Reporting Person is Board Chair, President and Chief Executive Officer