Summary by Moomoo AI
Symbotic Inc. officer Todd Krasnow plans to sell 6,000 Common A Shares on 01/02/2025, with an aggregate market value of $148,260. The shares were originally acquired from the issuer in a public offering on 05/05/2022.This transaction is part of a pre-planned sale, as indicated by the plan adoption date of 02/26/2024. In the past three months, Krasnow has already sold 2,000 shares on 11/04/2024, generating gross proceeds of $56,307.20.The upcoming sale represents the entirety of the 6,000 shares Krasnow acquired in May 2022. This divestment follows a pattern of gradual share reduction by the officer, potentially impacting investor perception of insider confidence in Symbotic's short-term prospects.