Symbotic Inc. 8-K

What Happened

• Symbotic Inc. (SYM) filed an 8‑K reporting results of its annual meeting held March 5, 2026 (record date January 6, 2026). Stockholders elected nine directors, approved an advisory (non‑binding) vote on executive compensation, and ratified Grant Thornton LLP as the company’s independent registered public accounting firm for the fiscal year ending September 26, 2026. The meeting was held by live audio webcast and a quorum was present (votes represented 98.89% of combined voting power).

Key Details

• Share classes and record-date outstanding shares: 123,250,254 Class A; 72,963,208 Class V‑1; 403,559,196 Class V‑3 (V‑3 shares have 3 votes each). All classes voted together as a single class.
• Quorum and participation: 58,559,462 Class A, 72,963,208 Class V‑1 and 403,559,196 Class V‑3 shares were present or represented by proxy.
• Election of directors (each elected to a one‑year term):
  • Richard Cohen — For 1,373,443,601; Withheld 42,006,454; Broker non‑votes 15,800,123
  • Eric Branderiz — For 1,375,199,556; Withheld 425,099; Broker non‑votes 15,800,123
  • Rollin Ford — For 1,374,991,463; Withheld 445,858; Broker non‑votes 15,800,123
  • Charles Kane — For 1,375,140,071; Withheld 430,984; Broker non‑votes 15,800,123
  • Todd Krasnow — For 1,373,762,448; Withheld 1,687,607; Broker non‑votes 15,800,123
  • Vikas Parekh — For 1,374,730,752; Withheld 471,9?? (file shows 719,303); Broker non‑votes 15,800,123
  • Andrew Ross — For 1,374,807,614; Withheld 642,441; Broker non‑votes 15,800,123
  • Daniela Rus — For 1,375,175,181; Withheld 274,874; Broker non‑votes 15,800,123
  • Merline Saintil — For 1,367,741,543; Withheld 7,708,512; Broker non‑votes 15,800,123
• Advisory vote on executive compensation: For 1,361,314,576; Against 414,005,263; Withheld 130,215; Broker non‑votes 15,800,123 (majority of votes cast were in favor).
• Ratification of independent auditor: Grant Thornton LLP ratified — For 1,390,596,231; Against 347,521; Withheld 306,426. No broker non‑votes on this proposal.

Why It Matters

• Director continuity: All nine nominees were elected, so the board’s composition remains intact for the coming year, which affects corporate oversight and strategic continuity.
• Executive pay: The non‑binding advisory vote on executive compensation received majority support — a key governance signal to management and the board though not legally binding.
• Auditor ratification: Stockholders confirmed Grant Thornton LLP as auditor for the 2026 fiscal year, which is relevant to investors monitoring audit continuity and reporting quality.

(Note: vote tallies are reported as filed in Symbotic’s Form 8‑K dated March 9, 2026.)