During his time at Symbotic, Michael J. Loparco received a considerable stock grant of 578,453 performance-based restricted stock units (PSUs) in 2022. However, these PSUs and other stock awards were ultimately forfeited following his resignation. His compensation plan was heavily...

During his time at Symbotic, Michael J. Loparco received a considerable stock grant of 578,453 performance-based restricted stock units (PSUs) in 2022. However, these PSUs and other stock awards were ultimately forfeited following his resignation. His compensation plan was heavily geared towards performance, which reflects an alignment with the company's growth strategies. At its peak, his compensation package indicated a significant value in equity grants, totaling around $13.7 million in stock awards on paper. When he left the company in November 2022, Loparco transitioned into a special advisor role, receiving a further $200,000 for advisory services amidst other benefits, showing a structured exit plan while maintaining ties with Symbotic’s board. This indicative strategy could highlight both the risks and potential rewards tied to executive leadership in a rapidly evolving sector.