FN Form 4: CEO Seamus Grady Reports Multiple Sales on 08/27/2025
Rhea-AI Filing Summary
Fabrinet (FN) insider Seamus Grady, who serves as Chief Executive Officer and a director, reported multiple open-market sales of ordinary shares on 08/27/2025. The Form 4 shows five separate sale transactions totaling 9,513 shares at weighted-average prices ranging from about $328 to $333.12 per share. The filings list the reporter's beneficial ownership declining from 52,024 shares before the series of sales to 46,024 shares after the last reported sale.
The filings were signed by an attorney-in-fact on 08/29/2025 and include weighted-average price ranges for several tranches; no derivative transactions or other changes were reported.
Positive
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Negative
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Insights
TL;DR: CEO sold 9,513 shares across five trades; beneficial ownership fell to 46,024 shares—routine disclosure, limited market-moving detail.
The Form 4 documents open-market sales (transaction code S) by the reporting person on 08/27/2025 in five tranches with weighted-average prices between approximately $328 and $333.12 per share. Total shares reported sold equal 9,513, and reported beneficial ownership declined from 52,024 to 46,024 shares. There are no derivative instruments reported and no explanation of the motivation for sales, which limits the ability to infer company-specific signals. For investors, this filing primarily confirms compliance with Section 16 reporting requirements rather than providing operational or financial insight.
TL;DR: Multiple insider sales disclosed promptly; reduction in CEO shareholdings is notable but not accompanied by context or plan documentation.
The reporter is identified as both CEO and a director and the Form 4 indicates timely reporting of five separate sales on 08/27/2025, with confirmation on 08/29/2025. The form does not indicate these were made pursuant to a Rule 10b5-1 trading plan (no box checked). Absence of a stated prearranged plan means the sales were likely discretionary, which may prompt governance-focused investors to seek clarification, though the disclosure itself meets regulatory requirements.