FN insider sale notice: 3,200 vested shares to be sold on NYSE
Rhea-AI Filing Summary
Fabrinet (FN) Form 144 notice: The filer reports a proposed sale of 3,200 ordinary shares through Citigroup Global Markets, Inc. on the NYSE with an aggregate market value of $1,069,440.00 and an approximate sale date of 08/29/2025. The shares were acquired on 08/29/2025 by vesting from a share account and were received as compensation. The filing indicates no securities sold by the reporting person in the past three months and includes the required representation that the seller is unaware of undisclosed material adverse information about the issuer.
Positive
- Securities were acquired as compensation through vesting, indicating the sale arises from routine equity awards rather than an external transaction.
- No securities sold in the prior three months by the reporting person, as stated in the filing.
Negative
- Proposed sale of 3,200 ordinary shares with an aggregate market value of $1,069,440.00, which could dilute insider holdings depending on context.
Insights
TL;DR: A scheduled insider sale of 3,200 vested shares for $1,069,440 is reported; transaction appears routine and tied to compensation.
The filing documents a proposed sale under Rule 144 of 3,200 ordinary shares executed through Citigroup Global Markets on the NYSE with an indicated aggregate market value of $1,069,440. The shares were acquired the same day via a vested share account and were paid as compensation. There is no reported selling activity by the person in the prior three months. From a reporting perspective, this is a standard Rule 144 notice documenting an insider sale tied to vested compensation rather than an open-market purchase or third-party transfer.
TL;DR: The disclosure meets Rule 144 notice requirements and includes the signer’s certification regarding material nonpublic information.
The form includes the required representation that the seller does not possess undisclosed material adverse information about Fabrinet. The securities were acquired via vesting and are being offered for sale through a broker-dealer. The filing contains no indication of other recent disposals by the reporting person. As presented, the document fulfils procedural disclosure obligations for an insider sale related to compensation.