Fabrinet (FN) CEO Seamus Grady reports PSU vesting and 10,806-share tax withholding
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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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 9,223 shares
Net Buy
3 txns
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)
- 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.
- F2. The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of PSUs.
Key Figures
PSU vesting shares lot 1: 10,121 shares
PSU vesting shares lot 2: 9,908 shares
Shares withheld for tax: 10,806 shares
+3 more
6 metrics
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
Key Terms
performance-based restricted share units, pre-established performance targets, Compensation Committee, tax liability
4 terms
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.
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.