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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,200 | $335.125 | $402K |
Footnotes (1)
- F1. This sale price represents the weighted average sale price of the shares sold ranging from $335.04 to $335.35 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.
FAQ
What did Fabrinet (FN) director Darlene S. Knight disclose on Form 4?
Does the Form 4 show any derivative transactions for FN by the reporting person?
Who signed the Form 4 for Darlene S. Knight?
Is there any indication this sale was part of a 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.