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Fabrinet (FN) CEO Seamus Grady reports PSU vesting and 10,806-share tax withholding

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Fabrinet Chief Executive Officer Seamus Grady reported equity-related transactions in ordinary shares on August 11, 2026. He acquired 10,121 and 9,908 shares upon vesting of performance-based restricted share units granted on August 22, 2024, after exceeding pre-established performance targets certified by the Compensation Committee. In a separate transaction, 10,806 shares were withheld at $525.88 per share to cover his tax liability related to this PSU vesting.

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Insider Grady Seamus
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Ordinary Shares F1 10,121 $0.00 $0.00
Grant/Award Ordinary Shares F1 9,908 $0.00 $0.00
Tax Withholding Ordinary Shares F2 10,806 $525.88 $5.68M
Holdings After Transaction: Ordinary Shares — 32,796 shares (Direct)
Footnotes (2)
  1. F1. This number represents shares acquired upon vesting of performance-based restricted share units ("PSUs") granted on August 22, 2024, as a result of exceeding pre-established performance targets that were certified by the Compensation Committee of the Issuer on August 11, 2026.
  2. F2. The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of PSUs.
PSU vesting shares lot 1 10,121 shares Ordinary shares acquired upon PSU vesting on August 11, 2026
PSU vesting shares lot 2 9,908 shares Additional ordinary shares acquired upon PSU vesting on August 11, 2026
Shares withheld for tax 10,806 shares Ordinary shares withheld to cover tax liability on PSU vesting
Withholding price $525.88 per share Price used for shares withheld to cover tax liability
PSU grant date August 22, 2024 Grant date of performance-based restricted share units
Performance certification date August 11, 2026 Compensation Committee certified performance targets exceeded
performance-based restricted share units financial
"This number represents shares acquired upon vesting of performance-based restricted share units"
Performance-based restricted share units are promises to give company stock to employees or executives only if the business hits specified targets, such as revenue, profit or stock performance; think of them as a bonus paid in shares that only vests when certain goals are met. They matter to investors because they align management incentives with shareholder outcomes, can dilute share count when paid out, and reveal how leadership is being rewarded and what milestones the company expects to reach.
pre-established performance targets financial
"as a result of exceeding pre-established performance targets that were certified"
Compensation Committee financial
"targets that were certified by the Compensation Committee of the Issuer"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
tax liability financial
"The reported shares were withheld to cover the Reporting Person's tax liability"

FAQ

What insider transactions did Fabrinet (FN) CEO Seamus Grady report on August 11, 2026?

On August 11, 2026, Fabrinet CEO Seamus Grady reported PSU vesting that delivered 10,121 and 9,908 ordinary shares, with 10,806 shares withheld to cover tax liability at $525.88 per share.

How many Fabrinet (FN) shares did the CEO acquire from PSU vesting?

Fabrinet’s CEO acquired 10,121 and 9,908 ordinary shares from PSU vesting. These performance-based restricted share units were granted on August 22, 2024, and vested after exceeding pre-established performance targets certified on August 11, 2026.

Why were 10,806 Fabrinet (FN) shares withheld in Seamus Grady’s Form 4?

10,806 ordinary shares were withheld to cover Seamus Grady’s tax liability related to the vesting of performance-based restricted share units. The withholding price was $525.88 per share, according to the reported transaction details and footnote.

What is the nature of the equity awards reported by Fabrinet (FN) CEO?

The equity awards are performance-based restricted share units (PSUs) granted on August 22, 2024. They vested after Fabrinet’s Compensation Committee certified on August 11, 2026 that pre-established performance targets were exceeded, resulting in share delivery to the CEO.

Were Fabrinet (FN) CEO’s August 11, 2026 transactions under a Rule 10b5-1 plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and there is no footnote describing a trading plan. The reported transactions relate to PSU vesting and tax withholding rather than open-market purchases or sales.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Grady Seamus

(Last)(First)(Middle)
C/O FABRINET USA, INC.
3736 FALLON ROAD #428

(Street)
DUBLIN CALIFORNIA 94568

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Fabrinet [ FN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares08/11/2026A10,121(1)A$033,694D
Ordinary Shares08/11/2026A9,908(1)A$043,602D
Ordinary Shares08/11/2026F10,806(2)D$525.8832,796D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This number represents shares acquired upon vesting of performance-based restricted share units ("PSUs") granted on August 22, 2024, as a result of exceeding pre-established performance targets that were certified by the Compensation Committee of the Issuer on August 11, 2026.
2. The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of PSUs.
Andrew Chew, Attorney-in-fact for Seamus Grady08/13/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)