FN Form 144 Notice: Citigroup Sale of 3,333 Ordinary Shares on 09/04/2025
Rhea-AI Filing Summary
Fabrinet (FN) Form 144 notice reports a proposed sale of 3,333 ordinary shares through Citigroup Global Markets, Inc. on 09/04/2025 with an aggregate market value of $1,181,148.54. The filing states these shares were recorded as acquired in a Vested Share Account on 09/04/2025 and the payment type is noted as compensation. The filer also disclosed a recent sale on 08/29/2025 of 3,200 shares for gross proceeds of $1,069,440.00. By signing, the person represents no undisclosed material adverse information about the issuer.
Positive
- Clear compliance disclosure of a proposed insider sale meeting Rule 144 requirements
- Full transaction details provided: broker, share count, aggregate market value, acquisition source and payment type
Negative
- Insider liquidity event: 3,333 shares proposed for sale valued at $1,181,148.54, and a prior sale of 3,200 shares on 08/29/2025 for $1,069,440.00
Insights
TL;DR: Routine insider sale disclosed; transaction details are clearly specified but not materially explanatory for company performance.
The Form 144 is a standard disclosure of a proposed sale by an affiliate or insider. It specifies broker, share count, aggregate market value, and acquisition source as a vested share account with compensation as the payment type. The filing also lists a recent prior sale of 3,200 shares with gross proceeds provided. This disclosure allows investors to track insider liquidity events, but it contains no operational or financial metrics about Fabrinet and does not by itself imply a change in corporate fundamentals.
TL;DR: Compliance-focused filing documenting insider sales and attestation; governance disclosure requirements met.
The document fulfills Rule 144 notice requirements by naming the broker, sale amounts, dates, and the source of the securities (vested share account). The signature/attestation language affirms the filer is not aware of undisclosed material adverse information. From a governance perspective, the filing demonstrates procedural compliance for reported insider dispositions but provides no additional context about motivations or any trading plan dates.