Fabrinet (NYSE: FN) CEO sees 3,865 shares withheld for RSU taxes
Rhea-AI Filing Summary
Fabrinet (symbol FN) director and Chief Executive Officer Seamus Grady reported two dispositions of Ordinary Shares coded as tax-related transactions. On 2026-08-21, 2,044 shares were withheld at $436.67 per share, and on 2026-08-22, 1,821 shares were withheld at $436.67 per share. A footnote states these shares were withheld to cover Grady’s tax liability arising from the vesting of Restricted Share Units, rather than sold in open-market trades. The Rule 10b5-1 checkbox was not marked as an affirmative trading plan.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 3,865 shares
Net Sell
2 txns
Insider
Grady Seamus
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1 | 1,821 | $436.67 | $795K |
| Tax Withholding | Ordinary Shares F1 | 2,044 | $436.67 | $893K |
Holdings After Transaction:
Ordinary Shares — 51,410 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 taxes on 2026-08-21: 2,044 Ordinary Shares at $436.67 per share
Shares withheld for taxes on 2026-08-22: 1,821 Ordinary Shares at $436.67 per share
Total shares withheld for tax liability: 3,865 Ordinary Shares
+2 more
5 metrics
Shares withheld for taxes on 2026-08-21
2,044 Ordinary Shares at $436.67 per share
Code F tax-withholding disposition by CEO Seamus Grady
Shares withheld for taxes on 2026-08-22
1,821 Ordinary Shares at $436.67 per share
Code F tax-withholding disposition by CEO Seamus Grady
Total shares withheld for tax liability
3,865 Ordinary Shares
ExercisePriceOrTaxLiabilityShares across two Code F transactions
Code F transaction count
2 transactions
Number of tax-liability-related dispositions reported
Rule 10b5-1 checkbox status
false
Affirmative Rule 10b5-1 plan status not indicated
Key Terms
Restricted Share Units, Ordinary Shares, tax liability, Rule 10b5-1
4 terms
tax liability financial
"were withheld to cover the Reporting Person's tax liability"
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox is false"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What transactions did Fabrinet (FN) CEO Seamus Grady report on this Form 4?
Seamus Grady reported two Form 4 transactions where a total of 3,865 Ordinary Shares of Fabrinet were withheld on 2026-08-21 and 2026-08-22 at $436.67 per share to satisfy tax obligations related to vesting Restricted Share Units.
Was Seamus Grady’s Form 4 for Fabrinet (FN) filed under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is false, indicating the transactions were not affirmatively reported as being made pursuant to a Rule 10b5-1 trading plan.
What security type did Seamus Grady report in this Fabrinet (FN) Form 4?
The Form 4 reports transactions in Ordinary Shares of Fabrinet, which were withheld to satisfy tax obligations linked to the vesting of Restricted Share Units.
AI-generated analysis. How Rhea-AI works. Not financial advice.