FN Form 4: CEO Receives 11,371 RSUs; Vesting Through 2028

Rhea-AI Filing Summary

Fabrinet (FN) insider Seamus Grady, who serves as Chief Executive Officer and a Director, reported receipt of 11,371 restricted share units (RSUs) on 08/21/2025. The RSUs were granted at no cash price and increase his total beneficial ownership to 60,291 ordinary shares following the award. The RSUs vest in three equal annual installments on August 21, 2026, 2027 and 2028, subject to continued service. The Form 4 was signed by an attorney-in-fact and filed on 08/25/2025.

Positive

• Acquisition of 11,371 RSUs increases the CEO's stake to 60,291 shares, aligning executive equity ownership with shareholders
• Time-based vesting over three years promotes retention through 2028

Negative

• None.

Insights

Financial Analyst

TL;DR: CEO acquired 11,371 RSUs, raising ownership to 60,291 shares; vesting over three years signals multi-year compensation retention.

The grant of 11,371 RSUs at $0 increases the reporting person’s beneficial holdings to 60,291 shares, a clear compensation-related equity award rather than an open-market purchase or sale. The vesting schedule—three equal annual installments—ties value realization to continued service through 2028. For valuation, the economic benefit depends on Fabrinet’s future share price at each vest date; the filing does not disclose grant-date fair value or rationale beyond the vesting terms. No derivative transactions or dispositions were reported.

Corporate Governance Expert

TL;DR: Insider is both CEO and Director; the RSU grant is standard executive compensation with time-based vesting conditions.

The filing specifies the reporting person’s dual role as Chief Executive Officer and Director and documents a time-based RSU award of 11,371 units vesting in equal annual tranches through 2028. The Form 4 shows the transaction code for an acquisition and confirms direct beneficial ownership increases to 60,291 shares. The disclosure is routine and complies with Section 16 reporting; no forfeiture conditions beyond continued service are stated.

SEC Form 4

FORM 4

UNITED 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

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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 CA 94568

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Fabrinet [ FN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	08/21/2025		A		11,371(1)	A	$0	60,291	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Each share is represented by a Restricted Share Unit ("RSU"). The RSUs will vest in three (3) equal annual installments on each of August 21, 2026, 2027 and 2028, subject to the Reporting Person's continued service with the Issuer through each such vesting date.

	Andrew Chew, Attorney-in-fact for Seamus Grady	08/25/2025
	** Signature of Reporting Person	Date
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.

FAQ

What transaction did Fabrinet insider Seamus Grady report on Form 4 (FN)?

The Form 4 reports an acquisition of 11,371 restricted share units (RSUs) on 08/21/2025, filed 08/25/2025.

How many shares does Seamus Grady beneficially own after the reported transaction?

After the RSU grant, the filing shows 60,291 ordinary shares beneficially owned.

What are the vesting terms for the RSUs granted to Seamus Grady?

The RSUs vest in three equal annual installments on August 21, 2026, 2027 and 2028, subject to continued service.

Was any cash price paid for the RSUs reported on the Form 4?

The reported price for the RSU acquisition is $0 in the Form 4.

What roles does the reporting person hold at Fabrinet according to the filing?

The filing lists Seamus Grady as both a Director and the Chief Executive Officer of Fabrinet.