Fabrinet (NYSE: FN) COO has RSU shares withheld at $436.67
Rhea-AI Filing Summary
Fabrinet (FN) reported that President & COO Harpal Gill had ordinary shares withheld to satisfy tax obligations from equity compensation vesting. On August 21 and 22, 2026, a total of 2,291 Ordinary Shares were disposed of via code F transactions at $436.6700 per share to cover tax liability in connection with the vesting of Restricted Share Units. These were tax-withholding dispositions, not open-market purchases or sales, and the Rule 10b5-1 trading plan box was not checked.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 2,291 shares
Net Sell
2 txns
Insider
Gill Harpal
Role
PRESIDENT & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1 | 1,168 | $436.67 | $510K |
| Tax Withholding | Ordinary Shares F1 | 1,123 | $436.67 | $490K |
Holdings After Transaction:
Ordinary Shares — 21,879 shares (Direct)
Footnotes (1)
- F1. The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of Restricted Share Units.
Key Figures
Shares withheld for tax on 2026-08-21: 1,123 shares
Shares withheld for tax on 2026-08-22: 1,168 shares
Total shares withheld for tax: 2,291 shares
+2 more
5 metrics
Shares withheld for tax on 2026-08-21
1,123 shares
Ordinary Shares withheld to cover tax liability on RSU vesting (code F)
Shares withheld for tax on 2026-08-22
1,168 shares
Ordinary Shares withheld to cover tax liability on RSU vesting (code F)
Total shares withheld for tax
2,291 shares
Sum of code F tax-withholding dispositions reported in this Form 4
Price per share used for tax withholding
$436.6700 per share
Applied to both Ordinary Share tax-withholding transactions
Number of tax-withholding transactions
2
Code F non-derivative transactions reported for Harpal Gill
Key Terms
Restricted Share Units, code F, Rule 10b5-1
3 terms
code F regulatory
"Both transactions were coded F and described as payment of tax liability"
Rule 10b5-1 regulatory
"The Rule 10b5-1 trading plan box was not checked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transactions did Fabrinet (FN) report for Harpal Gill on this Form 4?
Fabrinet reported that Harpal Gill had 2,291 Ordinary Shares withheld in two code F transactions on August 21 and 22, 2026, to cover tax liability arising from the vesting of Restricted Share Units.
Were the Fabrinet (FN) Form 4 transactions open-market buys or sells?
No. Both transactions were coded F and described as payment of tax liability by delivering or withholding securities, meaning they were related to tax withholding on vested Restricted Share Units, not open-market purchases or sales.
Was a Rule 10b5-1 trading plan involved in this Fabrinet (FN) Form 4?
No. The Form 4’s Rule 10b5-1 checkbox was not marked, and there is no indication in the footnotes that these tax-withholding transactions were executed under a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.