Fabrinet (NYSE: FN) CEO sees 2,943 RSU shares withheld for tax
Rhea-AI Filing Summary
Fabrinet (FN) reported that Chief Executive Officer and director Seamus Grady had 2,943 Ordinary Shares withheld on 2026-08-24 to cover his tax liability arising from the vesting of Restricted Share Units. These shares were disposed of at a reported value of $421.14 per share, leaving him with 48,467 Ordinary Shares held directly.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 2,943 shares
Net Sell
1 txn
Insider
Grady Seamus
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1 | 2,943 | $421.14 | $1.24M |
Holdings After Transaction:
Ordinary Shares — 48,467 shares (Direct)
Footnotes (1)
- F1. The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of Restricted Share Units.
Key Figures
Shares withheld for taxes: 2,943 Ordinary Shares
Reported value per share: $421.14 per share
Shares held after transaction: 48,467 Ordinary Shares
3 metrics
Shares withheld for taxes
2,943 Ordinary Shares
Withheld to cover CEO Seamus Grady’s tax liability on RSU vesting on 2026-08-24
Reported value per share
$421.14 per share
Applied to the 2,943 shares withheld for tax liability
Shares held after transaction
48,467 Ordinary Shares
Direct holdings of Seamus Grady following the tax-withholding transaction
Key Terms
Restricted Share Units, Payment of tax liability by delivering or withholding securities, Ordinary Shares
3 terms
Payment of tax liability by delivering or withholding securities financial
"transaction code description is Payment of tax liability by delivering or withholding securities"
FAQ
What transaction did Fabrinet (FN) CEO Seamus Grady report on this Form 4?
Seamus Grady reported that 2,943 Ordinary Shares were withheld on 2026-08-24 to cover his tax liability related to vesting Restricted Share Units, at a value of $421.14 per share.
Was the Fabrinet (FN) CEO’s Form 4 transaction an open-market sale?
No. The Form 4 states the transaction was a Code F event, a payment of tax liability by withholding 2,943 shares in connection with the vesting of Restricted Share Units, not an open-market sale.
What does transaction code F mean in Fabrinet (FN) CEO Seamus Grady’s Form 4?
Transaction code F is described as payment of tax liability by delivering or withholding securities. Here, 2,943 shares were withheld to cover taxes on Restricted Share Units vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.