FN Form 4: EVP Archer reports 3,333-share disposals on 09/04/2025
Rhea-AI Filing Summary
Fabrinet (FN) reporting person Edward T. Archer, EVP Sales & Marketing, disclosed insider sales on 09/04/2025. The Form 4 shows three separate dispositions of ordinary shares: 1,300 shares sold at a weighted average price of $353.676, 1,533 shares sold at a weighted average price of $354.88, and 500 shares sold at a weighted average price of $355.327. The report lists sequential beneficial ownership after each sale of 8,677 shares, 7,144 shares, and 6,644 shares respectively, indicating a total of 3,333 shares disposed on that date. The filing includes explanatory notes that the reported prices are weighted averages over small price ranges and states that full per-price details will be provided upon request.
Positive
- None.
Negative
- Insider selling: Edward T. Archer disposed of a total of 3,333 FN ordinary shares on 09/04/2025, reducing his beneficial ownership to 6,644 shares.
- No 10b5-1 disclosure: The form does not indicate the sales were made pursuant to a Rule 10b5-1 trading plan or other pre-arranged program.
Insights
TL;DR: Company insider sold 3,333 FN shares on 09/04/2025 at weighted averages near $354, reducing reported beneficial holdings to 6,644 shares.
The transactions are disclosed as routine dispositions by Edward T. Archer, EVP Sales & Marketing, and are recorded as direct holdings reductions in a single-day cluster of three sales. The filing provides weighted average sale prices and the progressive post-transaction share counts, enabling precise tracking of the insider's holding change. No derivative transactions or 10b5-1 plan flag is indicated on the face of the form. From a market perspective, these are material for transparency around insider activity but the filing does not include any explanatory motive or link to corporate events.
TL;DR: Insider disposal documented clearly; disclosure meets Form 4 presentation standards but contains no stated plan or rationale.
The Form 4 is properly executed and signed by an attorney-in-fact, includes explanatory price-range notes, and reports direct ownership changes. It does not indicate that the sales were made pursuant to a Rule 10b5-1 trading plan or other pre-arranged program. For governance review, the factual record is complete for the reported transactions but lacks context about whether sales were routine diversification or for other reasons; the filing limits itself to transaction mechanics and post-sale holdings.