KELLY THOMAS F 4
Research Summary
AI-generated summary
Fabrinet (FN) Director Thomas F. Kelly Sells Shares
What Happened
- Thomas F. Kelly, a director of Fabrinet (FN), sold a total of 1,850 shares in open-market transactions on February 25, 2026, generating about $1,154,131 in proceeds. The reported weighted-average prices for the four sale lots were $622.47, $623.29, $624.76 and $625.52 per share (see footnotes for price ranges). On February 26, 2026, he also disposed of 150 shares by gift (reported with $0 proceeds). These were sales (not purchases), which are often routine insider liquidity events rather than a signal of company outlook.
Key Details
- Transaction dates: Sales on 2026-02-25; gift on 2026-02-26. Form 4 filed 2026-02-27 (appears timely).
- Sale lots reported:
- 770 shares @ $622.47 = $479,299 (F1: underlying prices ranged $621.99–$622.86)
- 120 shares @ $623.29 = $74,795 (F2: range $623.08–$623.50)
- 610 shares @ $624.76 = $381,104 (F3: range $624.22–$625.20)
- 350 shares @ $625.52 = $218,933 (F4: range $625.28–$625.704)
- Total sold: 1,850 shares for ~$1,154,131; plus 150 shares gifted (reported proceeds $0).
- Shares owned after the transactions: not specified in the data provided here (check full Form 4 for post-transaction holdings).
- Footnotes: Each sale line reports a weighted-average price and a range; the filing states the reporting person will provide details of the number of shares sold at each price on request.
- No 10b5-1 plan, tax-withholding, option exercise, or late-filing indication shown in the provided details.
Context
- Sales reduce an insider’s holdings but are commonly used for diversification or personal liquidity; gifts (the 150 shares) are not generally a market sentiment indicator. There were no option exercises or awards reported here. For full holdings and any plan-related context, review the complete Form 4 filing (Accession No. 0001261146-26-000002).