Symbotic CTO James Kuffner sells $766,695 in stock By Investing.com

James Kuffner, Chief Technology Officer at Symbotic Inc. (), sold 18,987 shares of the company’s Class A Common Stock on July 24, 2026, totaling approximately $766,695. The transaction was a “sell to cover” sale, mandated to satisfy tax withholding obligations related to the vesting of restricted stock units.

The shares were sold at prices ranging from $40.22 to $40.65 per share, with an average price of $40.38. The stock currently trades at $41.49, near its 52-week low of $38.19, following a 25% decline over the past six months. This sale was not a discretionary trade by Mr. Kuffner but rather a requirement by Symbotic’s equity incentive plans to fund tax withholding obligations from the vesting and settlement of restricted stock units.

The sale followed the vesting of 47,923 restricted stock units (RSUs) into Class A Common Stock on July 23, 2026. Each RSU represents a contingent right to receive one share of Symbotic’s Class A Common Stock. These vested units are part of a larger grant of 575,048 RSUs awarded to Mr. Kuffner on January 23, 2025, which vest according to a schedule of one-third on January 23, 2026, and one-twelfth quarterly thereafter, subject to continued service.

Following these transactions, Mr. Kuffner beneficially owns 214,062 shares of Symbotic Class A Common Stock directly. He also holds 287,539 restricted stock units.According to InvestingPro analysis, Symbotic appears undervalued at current levels. Investors can access comprehensive analysis through one of 1,400+ detailed Pro Research Reports, plus 13 additional ProTips for SYM.

In other recent news, Symbotic Inc. reported its financial results for the second quarter of fiscal year 2026, revealing a mixed performance. The company missed earnings per share expectations, posting an EPS of $0.01 compared to the forecasted $0.12, a negative surprise of 91.67%. However, Symbotic’s revenue exceeded forecasts, reaching $676 million against the expected $662.66 million, a 2.09% surprise. In other developments, Symbotic announced the acquisition of ARMS, a coordination software provider, to expand its technology portfolio beyond current automation offerings. Oppenheimer reiterated an Outperform rating and set a price target of $84.00 for Symbotic following this acquisition. Additionally, insider selling activity was reported, with Director Todd Krasnow selling a significant number of Class A Common Stock shares. These recent developments highlight various strategic moves and financial results impacting Symbotic Inc.

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