Symbotic CTO James Kuffner sells $160,421 in stock

On August 24, 2026, James Kuffner, Chief Technology Officer at Symbotic Inc., sold 3,952 shares of the company's Class A common stock. The sale totaled $160,421, with each share trading at an average price of $40.5926. The stock has been trading close to its 52-week low of $38.19, marking a roughly 30% decrease over the past six months.

The transaction was necessary to meet tax withholding obligations related to the vesting and settlement of Kuffner's restricted stock units (RSUs). Kuffner, who holds 219,858 shares and 48,744 RSUs, had previously acquired 9,748 shares on August 23, 2026. Despite the sale, Symbotic reported robust financial results for its fiscal third quarter, with revenue up 22% to $721 million and adjusted EBITDA more than doubling to $95 million.

The company also posted a GAAP profit of $55 million, a significant turnaround from a loss in the same period last year. While the stock experienced a decline in after-hours trading, analysts remain optimistic about the company's future, particularly its potential for margin growth and a modest near-term outlook.