Boyd William M III

Boyd William M III, Chief Strategy Officer of Symbotic Inc. (SYM), has been a consistent seller of company stock over the past year, with no open-market purchases during the period. Across 60 total Form 4 filings, his transactions show approximately $7.74 million in open-market sales versus just $21,248 in acquired shares, all of which came from compensation-related grants rather than discretionary buying. The selling pattern is steady and recurring, with disposals clustered around the end of each quarter and following option exercises. The most recent activity continued this trend. On July 27, 2026, Boyd executed two open-market sales of SYM worth $144,862 and $232,499, following option exercises on July 23. Earlier in the quarter, he sold $230,960 on July 1. The second quarter showed similar volume: three sales on April 27 totaling $540,123, plus three more on April 1 worth $286,378, again preceded by option exercises on April 23. The largest single disposition came on January 5, 2026, when Boyd sold $1.035 million in SYM shares, alongside smaller sales on January 2 totaling $308,757. The pattern is unambiguous: Boyd has not bought a single share of SYM on the open market during this window. Every sale traces back to shares acquired through option exercises or awards, and the sales are methodical rather than reactive. The absence of any purchase activity, combined with the consistent quarterly liquidation, suggests a deliberate program of monetizing equity compensation. While the dollar amounts are meaningful — the January sale alone exceeded $1 million — the cadence and structure point to routine portfolio management rather than any event-driven decision.