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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,300 | $353.676 | $460K |
| Sale | Ordinary Shares | 1,533 | $354.88 | $544K |
| Sale | Ordinary Shares | 500 | $355.327 | $178K |
Footnotes (1)
- This sale price represents the weighted average sale price of the shares sold ranging from $353.18 to $354.155 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. This sale price represents the weighted average sale price of the shares sold ranging from $354.18 to $355.178 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. This sale price represents the weighted average sale price of the shares sold ranging from $355.20 to $355.625 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
