FN Form 4: Seamus Grady RSU Withholding Sells 4,754 Shares
Rhea-AI Filing Summary
Seamus Grady, who is identified as both Director and Chief Executive Officer of Fabrinet (FN), reported two routine sales of company stock to satisfy tax obligations tied to vested restricted share units. On 08/22/2025 he disposed of 1,817 ordinary shares at $294.35 per share, leaving 58,474 shares beneficially owned. On 08/24/2025 he disposed of 2,937 shares at the same price, leaving 55,537 shares. The filing states these shares were withheld to cover the reporting person’s tax liability related to RSU vesting. The form was signed by an attorney-in-fact, Andrew Chew, on 08/26/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR Insider sales were tax-withholding transactions tied to RSU vesting and do not indicate new cash-sale profit-taking.
The transactions are explicitly described as withholdings to satisfy tax liabilities from restricted share unit vesting, which is a common liquidity event for executives upon vesting. The quantities sold—1,817 and 2,937 shares at $294.35—are modest relative to many executive holdings and the sequential reporting shows the remaining beneficial ownership after each event. No options, derivative exercises, or additional compensatory grants are disclosed here.
TL;DR Disclosure follows Section 16 rules; the filing documents routine withholding and maintains transparency.
The Form 4 properly reports the events, identifies the reporting person’s roles as Director and CEO, and includes an explanation that the shares were withheld for tax purposes. The signature by an attorney-in-fact is included. There is no indication of policy breaches or undisclosed related-party transactions in this filing, and the nature of the transactions aligns with standard RSU withholding practices.