Fabrinet (FN) COO Harpal Gill gains 12,849 shares from PSU vesting
Rhea-AI Filing Summary
Fabrinet President & COO Harpal Gill reported equity compensation activity involving Ordinary Shares on August 11, 2026. He acquired 12,849 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, 6,933 shares were withheld at $525.88 per share to cover his tax liability related to the PSU vesting.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 5,916 shares
Net Buy
3 txns
Insider
Gill Harpal
Role
PRESIDENT & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1 | 6,493 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares F1 | 6,356 | $0.00 | $0.00 |
| Tax Withholding | Ordinary Shares F2 | 6,933 | $525.88 | $3.65M |
Holdings After Transaction:
Ordinary Shares — 19,899 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
PSU vesting shares (A transaction 1): 6,493 shares
PSU vesting shares (A transaction 2): 6,356 shares
Total PSU vesting shares: 12,849 shares
+4 more
7 metrics
PSU vesting shares (A transaction 1)
6,493 shares
Ordinary Shares acquired on August 11, 2026 from PSU vesting
PSU vesting shares (A transaction 2)
6,356 shares
Additional Ordinary Shares acquired on August 11, 2026 from PSU vesting
Total PSU vesting shares
12,849 shares
Sum of Ordinary Shares acquired from PSUs vesting on August 11, 2026
Shares withheld for taxes
6,933 shares
Ordinary Shares withheld to cover tax liability on August 11, 2026
Withholding share price
$525.88 per share
Value used for shares withheld to cover tax liability
PSU grant date
August 22, 2024
Grant date of performance-based restricted share units
Performance certification date
August 11, 2026
Date Compensation Committee certified PSU performance targets
Key Terms
performance-based restricted share units, pre-established performance targets, Compensation Committee, tax liability
4 terms
pre-established performance targets financial
"as a result of exceeding pre-established performance targets that were certified"
Compensation Committee financial
"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.
tax liability financial
"reported shares were withheld to cover the Reporting Person's tax liability"
FAQ
What insider transactions did Fabrinet (FN) executive Harpal Gill report?
Harpal Gill reported two share acquisitions and one share disposition on August 11, 2026. The acquisitions came from PSU vesting, while the disposition reflected shares withheld to cover tax liabilities.
What performance conditions triggered Harpal Gill’s Fabrinet (FN) PSU vesting?
The PSUs vested after exceeding pre-established performance targets. These targets were certified by Fabrinet’s Compensation Committee on August 11, 2026, leading to the share acquisition reported.
When were Harpal Gill’s Fabrinet (FN) PSUs originally granted?
The performance-based restricted share units were granted on August 22, 2024. They later vested on August 11, 2026 after exceeding certified performance targets, resulting in the reported share acquisition.
AI-generated analysis. How Rhea-AI works. Not financial advice.