Fabrinet (NYSE: FN) EVP has 849 shares withheld for taxes
Rhea-AI Filing Summary
Fabrinet (FN) reported that executive Edward T. Archer, EVP, Sales & Marketing, had 849 Ordinary Shares withheld on 2026-08-24 to pay his tax liability in connection with the vesting of Restricted Share Units. Following this tax-withholding disposition, he directly holds 9,507 Ordinary Shares of Fabrinet.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 849 shares
Net Sell
1 txn
Insider
Archer Edward T.
Role
EVP, Sales & Marketing
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1 | 849 | $421.14 | $358K |
Holdings After Transaction:
Ordinary Shares — 9,507 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: 849 Ordinary Shares
Price per share for withheld shares: $421.14 per share
Shares owned after transaction: 9,507 Ordinary Shares
3 metrics
Shares withheld for tax liability
849 Ordinary Shares
Withheld on 2026-08-24 to cover tax on vesting Restricted Share Units
Price per share for withheld shares
$421.14 per share
Value used for the 849 shares withheld on 2026-08-24
Shares owned after transaction
9,507 Ordinary Shares
Direct holdings of Edward T. Archer following the tax-withholding disposition
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 FN executive Edward T. Archer report?
Edward T. Archer reported that 849 Ordinary Shares of Fabrinet were withheld on 2026-08-24 to cover his tax liability related to vesting Restricted Share Units. This was coded as a Form 4 F transaction for payment of tax liability by delivering or withholding securities.
Was the Fabrinet (FN) Form 4 transaction a market sale or a tax withholding?
The Form 4 states that the transaction was a tax withholding. The 849 shares were withheld to cover Edward T. Archer’s tax liability arising from the vesting of Restricted Share Units, rather than being sold in an open-market transaction.
What transaction code was used in the Fabrinet (FN) Form 4 filing?
The transaction used code F, which indicates payment of tax liability by delivering or withholding securities. In this case, 849 Ordinary Shares of Fabrinet were withheld to meet Edward T. Archer’s tax obligations on vesting Restricted Share Units.
Does the Fabrinet (FN) Form 4 indicate any Rule 10b5-1 trading plan use?
No. The Form 4 data indicate the Rule 10b5-1 checkbox is false, meaning the filing explicitly did not affirm that the transaction was made under a Rule 10b5-1 trading plan. The transaction is reported as a tax-withholding event for Restricted Share Units.
AI-generated analysis. How Rhea-AI works. Not financial advice.