[Form 4] Fabrinet Insider Trading Activity
Harpal Gill, President & COO and Director of Fabrinet (FN), reported disposition of shares withheld to cover taxes on vested restricted share units. The Form 4 shows two withholding events: 1,165 shares were surrendered on 08/22/2025 and 1,836 shares on 08/24/2025, both at a price of $294.35 per share. Following the transactions the reporting person’s direct beneficial ownership declined from 30,022 shares to 28,186 shares. The filing identifies the dispositions as tax-withholding for RSU vesting rather than open-market sales.
Harpal Gill, Presidente e COO e Direttore di Fabrinet (FN), ha comunicato la cessione di azioni trattenute per il pagamento delle imposte sulle unità azionarie vincolate maturate. Il Modulo 4 indica due eventi di ritenuta: 1.165 azioni sono state consegnate il 22/08/2025 e 1.836 azioni il 24/08/2025, entrambe al prezzo di $294,35 per azione. Dopo le operazioni, la partecipazione diretta del dichiarante è scesa da 30.022 a 28.186 azioni. Nel deposito le cessioni sono indicate come trattenute fiscali per il vesting di RSU e non come vendite sul mercato aperto.
Harpal Gill, Presidente y COO y Director de Fabrinet (FN), informó la disposición de acciones retenidas para cubrir impuestos sobre unidades restringidas (RSU) que han vencido. El Formulario 4 muestra dos eventos de retención: 1.165 acciones se entregaron el 22/08/2025 y 1.836 acciones el 24/08/2025, ambas a un precio de $294,35 por acción. Tras las transacciones, la titularidad directa del informante disminuyó de 30.022 a 28.186 acciones. La presentación identifica las disposiciones como retenciones fiscales por el vesting de RSU y no como ventas en el mercado abierto.
Fabrinet (FN)의 회장 겸 COO 및 이사인 Harpal Gill은 보유 제한 주식 단위(RSU) 베스팅에 따른 세금 납부를 위해 주식을 원천징수 방식으로 처분했다고 보고했습니다. Form 4에는 두 건의 원천징수 사건이 표시되어 있습니다: 1,165주는 2025-08-22에, 1,836주는 2025-08-24에 각각 주당 $294.35의 가격으로 인도되었습니다. 거래 후 보고자의 직접 보유 주식은 30,022주에서 28,186주로 감소했습니다. 제출서에는 이 처분들이 공개 시장에서의 매도가 아닌 RSU 베스팅에 대한 세금 원천징수로 명시되어 있습니다.
Harpal Gill, Président & COO et administrateur de Fabrinet (FN), a déclaré la cession d'actions retenues pour couvrir les impôts liés à des unités d'actions restreintes (RSU) devenues acquises. Le formulaire 4 fait état de deux événements de retenue : 1 165 actions ont été remises le 22/08/2025 et 1 836 actions le 24/08/2025, toutes deux au prix de 294,35 $ par action. À la suite des opérations, la détention directe de la personne déclarant est passée de 30 022 à 28 186 actions. Le dépôt identifie ces cessions comme des retenues fiscales pour le vesting des RSU et non comme des ventes sur le marché libre.
Harpal Gill, President & COO und Direktor von Fabrinet (FN), meldete die Veräußerung von zurückbehaltenen Aktien zur Begleichung von Steuern auf fällige Restricted Share Units (RSU). Das Formular 4 weist zwei Einbehaltungsereignisse aus: 1.165 Aktien wurden am 22.08.2025 und 1.836 Aktien am 24.08.2025 jeweils zu einem Preis von $294,35 pro Aktie abgegeben. Nach den Transaktionen verringerte sich das direkte wirtschaftliche Eigentum der meldenden Person von 30.022 auf 28.186 Aktien. In der Meldung werden die Veräußerungen als steuerliche Einbehalte für das Vesting von RSU und nicht als Verkäufe am offenen Markt bezeichnet.
- Disclosure clarifies that the sales were tax-withholding from vested RSUs, reducing ambiguity about the nature of the dispositions
- Reporting person retains meaningful ownership after the withholdings (28,186 shares), maintaining alignment with shareholders
- Total direct holdings decreased by 1,836 + 1,165 = 2, ...001 shares, reducing the officer's absolute stake
- Transactions occurred at market price ($294.35), meaning the officer realized value rather than retaining all vested shares
Insights
TL;DR: Officer sold shares solely to satisfy tax withholding on vested RSUs; not an opportunistic open-market sale.
The disclosure explicitly states the shares were withheld to cover tax liability tied to RSU vesting, which is a routine, non-discretionary event. As President & COO and a director, the reporting person maintains substantial residual holdings (28,186 shares), indicating continued alignment with shareholders. No derivative or additional transactions are reported, and the transactions do not change board composition or control.
TL;DR: Two small withholding dispositions reduced direct holdings; transaction prices were identical and consistent with RSU tax withholding.
The Form 4 records two dispositions totaling 2, ...001 (1,165+1,836) shares at $294.35 each. These were executed as withholdings tied to vesting events, which typically have limited signaling value regarding insider views on valuation. The reduction from 30,022 to 28,186 shares is modest in absolute terms; absent other concurrent transactions, this filing is unlikely to be material to FN’s valuation.
Harpal Gill, Presidente e COO e Direttore di Fabrinet (FN), ha comunicato la cessione di azioni trattenute per il pagamento delle imposte sulle unità azionarie vincolate maturate. Il Modulo 4 indica due eventi di ritenuta: 1.165 azioni sono state consegnate il 22/08/2025 e 1.836 azioni il 24/08/2025, entrambe al prezzo di $294,35 per azione. Dopo le operazioni, la partecipazione diretta del dichiarante è scesa da 30.022 a 28.186 azioni. Nel deposito le cessioni sono indicate come trattenute fiscali per il vesting di RSU e non come vendite sul mercato aperto.
Harpal Gill, Presidente y COO y Director de Fabrinet (FN), informó la disposición de acciones retenidas para cubrir impuestos sobre unidades restringidas (RSU) que han vencido. El Formulario 4 muestra dos eventos de retención: 1.165 acciones se entregaron el 22/08/2025 y 1.836 acciones el 24/08/2025, ambas a un precio de $294,35 por acción. Tras las transacciones, la titularidad directa del informante disminuyó de 30.022 a 28.186 acciones. La presentación identifica las disposiciones como retenciones fiscales por el vesting de RSU y no como ventas en el mercado abierto.
Fabrinet (FN)의 회장 겸 COO 및 이사인 Harpal Gill은 보유 제한 주식 단위(RSU) 베스팅에 따른 세금 납부를 위해 주식을 원천징수 방식으로 처분했다고 보고했습니다. Form 4에는 두 건의 원천징수 사건이 표시되어 있습니다: 1,165주는 2025-08-22에, 1,836주는 2025-08-24에 각각 주당 $294.35의 가격으로 인도되었습니다. 거래 후 보고자의 직접 보유 주식은 30,022주에서 28,186주로 감소했습니다. 제출서에는 이 처분들이 공개 시장에서의 매도가 아닌 RSU 베스팅에 대한 세금 원천징수로 명시되어 있습니다.
Harpal Gill, Président & COO et administrateur de Fabrinet (FN), a déclaré la cession d'actions retenues pour couvrir les impôts liés à des unités d'actions restreintes (RSU) devenues acquises. Le formulaire 4 fait état de deux événements de retenue : 1 165 actions ont été remises le 22/08/2025 et 1 836 actions le 24/08/2025, toutes deux au prix de 294,35 $ par action. À la suite des opérations, la détention directe de la personne déclarant est passée de 30 022 à 28 186 actions. Le dépôt identifie ces cessions comme des retenues fiscales pour le vesting des RSU et non comme des ventes sur le marché libre.
Harpal Gill, President & COO und Direktor von Fabrinet (FN), meldete die Veräußerung von zurückbehaltenen Aktien zur Begleichung von Steuern auf fällige Restricted Share Units (RSU). Das Formular 4 weist zwei Einbehaltungsereignisse aus: 1.165 Aktien wurden am 22.08.2025 und 1.836 Aktien am 24.08.2025 jeweils zu einem Preis von $294,35 pro Aktie abgegeben. Nach den Transaktionen verringerte sich das direkte wirtschaftliche Eigentum der meldenden Person von 30.022 auf 28.186 Aktien. In der Meldung werden die Veräußerungen als steuerliche Einbehalte für das Vesting von RSU und nicht als Verkäufe am offenen Markt bezeichnet.
FAQ
What did Fabrinet (FN) insider Harpal Gill report on Form 4?
Why were the shares disposed of according to the filing?
How many Fabrinet shares does Harpal Gill own after these transactions?
Were any derivative transactions reported by Harpal Gill?
Does this Form 4 indicate any change in Harpal Gill’s role at Fabrinet?
