FN Form 4: Director Kelly disposes of 480 shares, retains 20,989 shares
Rhea-AI Filing Summary
Fabrinet (FN) director Thomas F. Kelly reported a sale of company stock. The Form 4 shows a transaction dated 09/05/2025 in which 480 ordinary shares were disposed of at a price of $0 reported (code G). After the reported sale, Mr. Kelly beneficially owned 20,989 shares. The filing was signed by Andrew Chew as attorney-in-fact on 09/08/2025.
Positive
- Reporting compliance: The director's sale was disclosed on Form 4, meeting Section 16 reporting requirements
- Continued significant ownership: The reporting person still beneficially owns 20,989 ordinary shares after the transaction
Negative
- Reported sale: 480 ordinary shares were disposed of on 09/05/2025
- Price field shows $0: The filing lists a price of $0 for the reported transaction (no sale price disclosed in the form)
Insights
TL;DR: Director Thomas F. Kelly sold 480 shares, reducing his beneficial ownership to 20,989 shares; filing was submitted by attorney-in-fact.
The Form 4 documents a straightforward disposal of 480 ordinary shares by a company director on 09/05/2025, with an unusual reported price of $0 and transaction code G. The filing shows the director remains a significant shareholder with 20,989 shares following the sale. The signature is by an attorney-in-fact, indicating the report was filed on the director's behalf. There are no derivative transactions reported and no additional contextual disclosures within this filing.
TL;DR: Routine Section 16 disclosure: small non-derivative sale reported; no other material events disclosed.
The submission meets Section 16 reporting requirements by disclosing a disposal of ordinary shares. Transaction code G is used and the price field is reported as $0 in the record provided. The report does not include derivatives, amendments, or any explanatory details about the reason for the sale. Based solely on this filing, the event appears procedural rather than materially transformative for investors.