FN Insider Filing: Csaba Sverha Reports RSU Withholding and 10,000-Share Sale
Rhea-AI Filing Summary
Csaba Sverha, Chief Financial Officer of Fabrinet (FN), reported insider transactions reducing his holdings. Restricted share units were withheld for taxes in two transactions on 08/22/2025 and 08/24/2025 (217 and 321 shares). On 08/25/2025 the reporting person sold a total of 10,000 ordinary shares in three trades at weighted-average prices of approximately $309.88, $310.96, and $311.70. Following these transactions the filing shows 21,552 shares beneficially owned. The Form 4 includes explanations that the withheld shares covered tax liabilities related to RSU vesting and provides weighted-average price ranges for the sales.
Positive
- Full Section 16 disclosure filed, showing compliance with reporting requirements
- Explanation provided that certain shares were withheld to cover tax liabilities from RSU vesting
- Weighted-average sale price ranges disclosed with offer to provide per-price quantities on request
Negative
- Reported beneficial ownership decreased to 21,552 shares after the transactions
- CFO executed open-market sales totaling 10,000 shares, representing a meaningful absolute reduction in holdings
Insights
TL;DR: Transparent disclosure of RSU withholding and open-market sales; ownership meaningfully reduced but appears routine.
The filing shows the CFO complied with Section 16 reporting by disclosing tax-withholding of vested restricted share units and subsequent open-market sales totaling 10,000 shares. The explanations identify withholding to cover tax liabilities, which is a common administrative action when RSUs vest. The transactions lowered reported beneficial ownership to 21,552 shares, a material reduction in absolute shares held by the reporting person but consistent with routine liquidity and tax obligations. There is no indication in this Form 4 of derivative transactions or off-market transfers.
TL;DR: Insider sold 10,000 shares across three trades at ~ $310–$312; transaction disclosed fully with weighted-average price ranges.
The sale on 08/25/2025 comprised three executed trades with provided weighted-average sale prices and an explicit note that detailed per-price quantities are available upon request. Prior withholdings on 08/22 and 08/24 relate to RSU tax settlements (217 and 321 shares). From an investor-information perspective, the Form 4 supplies necessary transactional detail and transparent pricing ranges, supporting market transparency while documenting a substantial reduction in the CFO's reported holdings.