Fabrinet (FN) CEO Grady Seamus Sells 3,865 Shares (Tax Withholding)

What Happened

• Grady Seamus, CEO of Fabrinet (FN), had a total of 3,865 shares withheld to cover taxes related to the vesting of restricted share units (RSUs). The withholding occurred in two dispositions: 2,044 shares on 2026-08-21 and 1,821 shares on 2026-08-22, both at $436.67 per share, totaling $1,687,729. These were tax-withholding dispositions (Form 4 code F), not open-market sales.

Key Details

• Transaction dates & prices: 2026-08-21 — 2,044 shares @ $436.67; 2026-08-22 — 1,821 shares @ $436.67.
• Total shares withheld/disposed: 3,865; total value ≈ $1,687,729.
• Footnote: F1 — shares were withheld to cover the Reporting Person's tax liability in connection with RSU vesting.
• Shares owned after the transaction: not specified in the provided summary of the filing.
• Filing: Form 4 filed 2026-08-25 reporting the 8/21–8/22 dispositions; the filing date is a few days after the transactions (no explicit late-filing flag shown in the provided data).

Context

• This was a routine tax-withholding disposition tied to RSU vesting (common and not the same as an intentional open-market sale). Such withholdings are administrative and do not necessarily signal the insider’s view on the company’s stock.