Summary by Moomoo AI
Michael D Dunn, an officer of Symbotic Inc., is set to sell 70,737 shares of common stock on 12/09/2024. The aggregate market value of the shares to be sold is $1,977,099.15. These shares were acquired on 01/01/2024 as Restricted Stock Units from the issuer.The planned sale is part of a trading plan adopted on 09/06/2024. Over the past three months, Dunn has sold a total of 6,981 shares, generating gross proceeds of $174,732.39. This includes two previous sales: 1,715 shares on 10/24/2024 for $49,342.61, and 5,266 shares on 10/02/2024 for $125,389.78.The upcoming transaction represents a significant increase in the number of shares being sold compared to recent months, potentially indicating a shift in the officer's investment strategy or personal financial planning.