FN Form 4: Archer Withholds 1,396 Shares for Taxes from RSU Vesting
Rhea-AI Filing Summary
Fabrinet (FN) insider sale by EVP Edward T. Archer. The filing shows Mr. Archer, listed as EVP, Sales & Marketing, disposed of company stock in two transactions: 548 ordinary shares on 08/22/2025 at $294.35 and 848 ordinary shares on 08/24/2025 at $294.35. After the 08/22 transaction his reported beneficial ownership was 14,025 shares and after the 08/24 transaction it was 13,177 shares, with ownership reported as direct. The form explains these shares were withheld to cover the reporting person's tax liability on vested Restricted Share Units. The Form 4 was signed by Andrew Chew as attorney-in-fact on 08/26/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine tax-withholding share disposals by an executive; no unusual timing or size indicated in the filing.
The Form 4 records two small disposals tied to RSU vesting, explicitly described as share withholding to satisfy tax obligations. The transactions used transaction code F and occurred at an identical price of $294.35. Reported beneficial ownership remained in the low tens of thousands of shares, and the filing was executed by an attorney-in-fact. This disclosure aligns with standard executive compensation settlement practice and raises no immediate governance concerns based solely on the information provided.
TL;DR: Modest insider share sales for tax withholding; unlikely to be material to FN valuation given the sizes disclosed.
The two disposals total 1,396 shares sold across 08/22/2025 and 08/24/2025 at $294.35 per share, described as withholding related to RSU vesting. After the transactions the reporting person retained 13,177 shares. These sales appear administrative rather than a cash-raising or market-timing event. From an investor-materiality perspective, the quantities and stated purpose suggest a neutral impact absent additional related disclosures.