Fabrinet (FN) EVP receives PSU shares; 3,263 shares withheld for taxes
Rhea-AI Filing Summary
Fabrinet executive Edward T. Archer, EVP Sales & Marketing, reported equity compensation activity in ordinary shares. On August 11, 2026, he acquired 3,056 and 2,991 shares upon vesting of performance-based restricted share units granted on August 22, 2024, after exceeding pre-established performance targets certified by the compensation committee. On the same date, 3,263 shares were disposed at $525.88 per share to cover his tax liability related to the PSU vesting.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 2,784 shares
Net Buy
3 txns
Insider
Archer Edward T.
Role
EVP, Sales & Marketing
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1 | 3,056 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares F1 | 2,991 | $0.00 | $0.00 |
| Tax Withholding | Ordinary Shares F2 | 3,263 | $525.88 | $1.72M |
Holdings After Transaction:
Ordinary Shares — 9,428 shares (Direct)
Footnotes (2)
- F1. This number represents shares acquired upon vesting of performance-based restricted share units ("PSUs") granted on August 22, 2024, as a result of exceeding pre-established performance targets that were certified by the Compensation Committee of the Issuer on August 11, 2026.
- F2. The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of PSUs.
Key Figures
Shares acquired from PSU vesting (lot 1): 3,056 shares
Shares acquired from PSU vesting (lot 2): 2,991 shares
Shares withheld for taxes: 3,263 shares
+3 more
6 metrics
Shares acquired from PSU vesting (lot 1)
3,056 shares
Ordinary shares acquired on August 11, 2026 via vested performance-based RSUs
Shares acquired from PSU vesting (lot 2)
2,991 shares
Additional ordinary shares acquired on August 11, 2026 via vested performance-based RSUs
Shares withheld for taxes
3,263 shares
Ordinary shares disposed to cover tax liability related to PSU vesting
Tax withholding share price
$525.88 per share
Reported price for 3,263 shares withheld for tax liability
PSU grant date
August 22, 2024
Grant date of performance-based restricted share units that later vested
Performance certification date
August 11, 2026
Date compensation committee certified performance targets were exceeded
Key Terms
performance-based restricted share units, PSUs, tax liability, vesting, +1 more
5 terms
PSUs financial
"shares acquired upon vesting of performance-based restricted share units ("PSUs") granted"
PSUs are company shares promised to employees or executives that only become actual stock if the business hits specific performance targets over a set period. For investors, PSUs matter because they link pay to measurable outcomes — similar to a conditional bonus that converts into ownership — which can influence management decisions, dilution of shares, and signals about confidence in future results.
tax liability financial
"shares were withheld to cover the Reporting Person's tax liability in connection with the vesting"
vesting financial
"shares acquired upon vesting of performance-based restricted share units ("PSUs") granted"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
compensation committee financial
"performance targets that were certified by the Compensation Committee of the Issuer"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
FAQ
What insider transactions did Fabrinet (FN) report for Edward T. Archer on August 11, 2026?
Edward T. Archer reported two share acquisitions of 3,056 and 2,991 Fabrinet ordinary shares from vested performance-based RSUs, plus a disposition of 3,263 shares withheld to satisfy tax liability at $525.88 per share.
Were Edward T. Archer’s Fabrinet (FN) transactions under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as a plan trade. The transactions relate to automatic vesting of performance-based RSUs and associated tax withholding, rather than open-market purchases or sales under a trading plan.
What performance condition triggered Edward T. Archer’s Fabrinet (FN) PSU vesting?
The PSUs vested because Fabrinet’s compensation committee certified on August 11, 2026 that pre-established performance targets were exceeded. This certification caused the performance-based RSUs granted on August 22, 2024 to convert into ordinary shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.