Insider sale: Fabrinet director reports 479-share disposal at $366
Rhea-AI Filing Summary
Darlene S. Knight, a director of Fabrinet (FN), reported a sale of company stock. The Form 4 shows she disposed of 479 ordinary shares in a transaction dated 09/05/2025 at a reported price of $366 per share, leaving her with 3,684 shares beneficially owned following the sale. The filing was submitted by an attorney-in-fact on her behalf.
Positive
- Transparent disclosure of insider activity via timely Form 4 filing
- Director retains ownership after the sale (3,684 shares remain beneficially owned)
Negative
- Director disposed of 479 ordinary shares, which may attract investor attention
Insights
TL;DR: Routine director stock sale disclosed; indicates compliance with Section 16 reporting requirements.
The reported disposal of 479 shares by a company director is a standard Section 16 disclosure that provides market transparency about insider transactions. The Form 4 lists the transaction code as a sale and shows the director's remaining beneficial ownership. There is no additional context in the filing about the reason for the sale, any trading plan, or changes in board status, so the filing should be viewed as a compliance disclosure rather than a signal of governance change.
TL;DR: Insider sale documented; impact on valuation is likely neutral given available details.
The entry reports a discreet sale of 479 shares at $366, reducing the director's holdings to 3,684 shares. Without information on trading plans, larger patterns of insider activity, or proportional ownership, this single sale offers limited insight into company fundamentals. It is useful for tracking insider activity but does not, by itself, provide evidence of material corporate developments or altered financial prospects.