Fabrinet (NYSE: FN) COO has $421 RSU shares withheld for tax
Rhea-AI Filing Summary
Fabrinet (FN) reported an insider equity transaction by President & COO Harpal Gill. On 2026-08-24, 1,840 Ordinary Shares were withheld to cover Gill's tax liability arising from the vesting of Restricted Share Units. Following this tax-withholding disposition, Gill directly held 20,039 Ordinary Shares of Fabrinet.
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Insights
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Insider Trade Summary
Net Seller: 1,840 shares
Net Sell
1 txn
Insider
Gill Harpal
Role
PRESIDENT & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1 | 1,840 | $421.14 | $775K |
Holdings After Transaction:
Ordinary Shares — 20,039 shares (Direct)
Footnotes (1)
- F1. The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of Restricted Share Units.
Key Figures
Shares withheld for tax liability: 1,840 Ordinary Shares
Reported price per share: $421.14 per share
Shares held after transaction: 20,039 Ordinary Shares
3 metrics
Shares withheld for tax liability
1,840 Ordinary Shares
Withheld on 2026-08-24 to cover tax liability from vesting RSUs
Reported price per share
$421.14 per share
Associated with 1,840 Ordinary Shares withheld for tax liability
Shares held after transaction
20,039 Ordinary Shares
Direct holdings of Harpal Gill following the 2026-08-24 transaction
Key Terms
Restricted Share Units, Ordinary Shares, tax liability, Form 4
4 terms
tax liability financial
"withheld to cover the Reporting Person's tax liability in connection"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Fabrinet (FN) disclose for Harpal Gill?
Fabrinet disclosed that President & COO Harpal Gill had 1,840 Ordinary Shares withheld on 2026-08-24 to cover his tax liability from vesting Restricted Share Units, a non-market tax-withholding transaction rather than an open-market sale or purchase.
Was the Fabrinet (FN) insider transaction an open-market sale?
No. The filing states the 1,840 shares were withheld to cover tax liability related to vesting Restricted Share Units, coded as a Form 4 transaction type F. It was not reported as an open-market sale or purchase.
What is transaction code F in the Fabrinet (FN) Form 4 filing?
Transaction code F in this Fabrinet Form 4 represents payment of tax liability by delivering or withholding securities. The filing specifies that shares were withheld to cover Harpal Gill’s tax obligations tied to vesting Restricted Share Units.
AI-generated analysis. How Rhea-AI works. Not financial advice.