Fabrinet SEC Filings

FMR LLC filed a Schedule 13G/A (Amendment No. 1) on Fabrinet (FN), reporting beneficial ownership of 2,327,329.49 shares of common stock, representing 6.5% of the class as of 09/30/2025.

FMR reports sole voting power over 2,320,712.00 shares and sole dispositive power over 2,327,329.49 shares, with no shared voting or dispositive power. Abigail P. Johnson is also a reporting person, with sole dispositive power over 2,327,329.49 shares. The certification states the securities were acquired and are held in the ordinary course and not to change or influence control.

Fabrinet (FN) reported strong quarterly results for the three months ended September 26, 2025. Revenue reached $978.1 million, up from $804.2 million a year ago, as optical communications and non‑optical markets both contributed. Net income rose to $95.9 million, with diluted EPS of $2.66 versus $2.13.

Operating income improved to $94.2 million and gross profit totaled $116.4 million. Cash and cash equivalents were $305.0 million, with $663.8 million in short‑term investments. Inventories increased to $722.2 million, reflecting higher activity levels. North America generated $422.0 million of revenue, Asia‑Pacific and others $461.9 million, and Europe $94.2 million. Within end markets, optical communications delivered $746.9 million, while non‑optical communications contributed $231.2 million.

The company recorded $9.1 million of share‑based compensation and continued capital spending, including commitments tied to a new manufacturing building. The share repurchase authorization remained in place with a modest $0.3 million repurchased this quarter.

Fabrinet furnished an update on its recent performance. The company submitted an 8-K to report that it issued a press release with financial results for its fiscal quarter ended September 26, 2025. The press release is included as Exhibit 99.1.

The information under Item 2.02 and Exhibit 99.1 is being furnished, not filed, which means it is not subject to liability under Section 18 of the Exchange Act and is not incorporated by reference into other filings unless specifically stated.

Fabrinet will hold its 2025 Annual General Meeting virtually on December 11, 2025 at 9:00 a.m. Pacific Standard Time. Shareholders of record on October 16, 2025 may attend at www.virtualshareholdermeeting.com/FN2025 using a 16‑digit control number.

Shareholders will vote on three items: (1) election of two Class I directors, (2) ratification of PricewaterhouseCoopers ABAS Ltd. as independent auditor for the fiscal year ending June 26, 2026, and (3) an advisory vote to approve named executive officer compensation. The Board recommends voting “FOR” all proposals.

There were 35,826,315 ordinary shares outstanding and entitled to vote as of the record date; 3,875,048 ordinary shares were held as treasury shares and are not entitled to vote. In fiscal 2025, Fabrinet reported revenue of $3,419.3 million, net income of $332.5 million, and net income per diluted share of $9.17, marking a fifth consecutive year of record results. The company repurchased 561,858 ordinary shares for $125.7 million.

Governance updates include the CEO also serving as Chairman as of October 2025, with a Lead Independent Director in place, and an intent to reduce the authorized number of directors to six following the meeting.

Fabrinet announced that director David T. Mitchell retired from its Board, effective October 13, 2025. The company stated his decision was not due to any disagreement with Fabrinet on matters related to operations, policies, or practices. Fabrinet issued a press release on October 17, 2025 confirming the retirement.

Fabrinet (FN) reported an insider equity award. Director Caroline Dowling acquired 93 restricted share units on 10/13/2025 at a price of $0 per unit. Following the transaction, her beneficially owned shares were listed as 93, held directly.

The award represents compensation for Board service. Each RSU converts into one ordinary share and will vest on January 1, 2026, provided continued service through that date. The filing was signed by Andrew Chew as attorney-in-fact for Caroline Dowling.

Fabrinet (FN) filed a Form 3 reporting the initial beneficial ownership of a board member. The reporting person is identified as a Director, and the filing states that no securities are beneficially owned. The event date for this disclosure is 10/13/2025. The form was signed by Andrew Chew as attorney-in-fact for Caroline Dowling.

This is a routine Section 16 initial ownership statement and does not reflect any transaction or change in holdings.

Fabrinet appointed Caroline Dowling to its Board as a Class I director on October 13, 2025. Her term runs until the next annual meeting and continues until a successor is elected and qualified or earlier departure. She was not appointed to any Board committees.

Dowling brings extensive global manufacturing and technology-sector experience, including over 20 years at Flex, where she served as Business Group President from 2012 to 2019. She serves on the boards of CRH plc and DCC plc, and previously served on the board of IMI plc from November 2019 to May 2025. She will be compensated under Fabrinet’s standard non‑employee director policy and will enter into the company’s standard indemnification agreement. Fabrinet issued a press release on October 16, 2025 announcing the appointment.

Darlene S. Knight, a director of Fabrinet (FN), reported a sale of company stock. The Form 4 shows she disposed of 479 ordinary shares in a transaction dated 09/05/2025 at a reported price of $366 per share, leaving her with 3,684 shares beneficially owned following the sale. The filing was submitted by an attorney-in-fact on her behalf.