FN Insider Filing: 28,336 Shares Reported After Tax Withholding on RSUs
Rhea-AI Filing Summary
Fabrinet (FN) Form 4: The filing reports that Csaba Sverha, Chief Financial Officer, had 28,336 ordinary shares reported as beneficially owned following a reported transaction on 08/18/2025. The transaction entry shows code F with a price of $327.12 and indicates a disposition. The filer explains that shares were withheld to cover the reporting person’s tax liability related to the vesting of restricted share units. The form is signed by an attorney-in-fact on 08/20/2025.
Positive
- Disclosure of reason for the disposition is provided (shares withheld to cover tax liability from RSU vesting).
- Specific transaction details are included: transaction code F, date 08/18/2025, and price $327.12.
Negative
- Disposition reduced transferable shares (shares were withheld), though the filing does not state prior holding totals.
- No information provided on the total number of RSUs vested or the pre-transaction share balance.
Insights
TL;DR Routine insider withholding of vested RSUs reported as a disposition; no new options or derivative activity disclosed.
The Form 4 shows a disposition coded 'F' on 08/18/2025 at a price of $327.12, with 28,336 ordinary shares reported as beneficially owned after the transaction. The explanatory note explicitly states shares were withheld to satisfy the reporting person’s tax obligations arising from RSU vesting. There is no information in this filing about any additional purchases, option exercises, or changes in indirect ownership. For investors, this filing documents a common, non-dispositive tax-withholding action rather than a market-sale decision.
TL;DR Disclosure appears straightforward: tax-withholding on RSU vesting reported by the CFO, with signature via attorney-in-fact.
The filing identifies the reporting person as the company’s Chief Financial Officer and indicates the Form 4 was executed by an attorney-in-fact. The narrative explanation specifically attributes the disposition to withholding for tax liability from RSU vesting. The document does not disclose changes to officer status, additional transactions, or derivative holdings. The filing therefore reflects a routine compensation-related transaction rather than a governance or control event.