Fabrinet (FN) President Gill Harpal Withholds 1,840 Shares for Taxes

What Happened Gill Harpal, President & COO of Fabrinet (FN), had 1,840 shares withheld to satisfy tax withholding related to the vesting of restricted share units (RSUs). The reported disposition is valued at $421.14 per share, totaling approximately $774,898. This was a withholding to cover tax obligations on vested awards, not an open-market sale.

Key Details

• Transaction date: 2026-08-24; Filing date: 2026-08-26 (appears timely).
• Price per share: $421.14; Shares withheld/disposed: 1,840; Total value: ~$774,898.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: F1 — shares were withheld to cover the Reporting Person's tax liability on vesting of RSUs.
• Transaction code: F (tax withholding).

Context Withholding shares to cover taxes on vested RSUs is a routine administrative transaction and generally does not signal a change in an insider's view of the company. Unlike open-market purchases or voluntary sales, tax-withholding dispositions are procedural and common when equity awards vest.