FN Form 4: Director Darlene Knight disposes 1,200 shares at $335.125
Rhea-AI Filing Summary
Fabrinet director Darlene S. Knight reported a sale of 1,200 ordinary shares on 08/27/2025 at a weighted-average price of $335.125 per share (range $335.04–$335.35). After the sale, she beneficially owns 4,163 shares, held directly. The Form 4 was signed by an attorney-in-fact and indicates the filing is by one reporting person.
This filing discloses a routine insider disposition rather than an acquisition or derivative transaction. The report provides the exact sale quantity, the weighted-average price, and the resulting direct ownership stake, but does not state any planned future transactions or reasons for the sale.
Positive
- Timely and complete disclosure of the insider sale with transaction date, weighted-average price range, and post-sale holdings
- Reported by a director, confirming governance transparency and compliance with Section 16 reporting requirements
Negative
- Insider disposition of 1,200 shares reduces the director's direct holding to 4,163 shares
- No stated reason for the sale or indication of a related Rule 10b5-1 plan in the filing
Insights
TL;DR: A director sold a small portion of her stake; disclosure is timely and routine, implying no immediate governance red flags.
The sale of 1,200 shares reducing direct ownership to 4,163 shares appears to be a routine liquidity event. The Form 4 properly reports transaction date, weighted-average sale price, and post-transaction holdings. There is no indication of a change in board status, compensation adjustments, or related-party arrangements in this filing. From a governance perspective, the key elements—timely reporting and clear ownership disclosure—are met.
TL;DR: Insider sale was disclosed with precise pricing; transaction size is modest relative to typical institutional holdings.
The reporting shows an outright sale (code S) of 1,200 shares at a weighted-average of $335.125, with the seller retaining 4,163 shares. This is a direct disposition with no derivatives or planned trades noted. For investors, the data provide clear price and volume context but do not by themselves signal material company-level news or altered financial outlook.