Fabrinet (FN) CEO Seamus Grady Withholds 2,943 Shares for Taxes

What Happened Seamus Grady, CEO of Fabrinet (FN), had 2,943 shares withheld on August 24, 2026 to satisfy tax withholding related to the vesting of restricted share units (RSUs). The withheld shares were valued at $421.14 each, for a total disposition value of about $1,239,415. This is a routine tax-withholding event tied to RSU vesting rather than an open-market sale or a new purchase.

Key Details

• Transaction date and price: 2026-08-24; 2,943 shares @ $421.14 per share (total ≈ $1,239,415).
• Transaction type: Tax withholding on RSU vesting (Form 4 code F).
• Footnote: Shares were withheld to cover the reporting person’s tax liability in connection with RSU vesting.
• Filing: Report filed 2026-08-26 (the filing appears timely based on the reported transaction date).
• Shares owned after transaction: Not specified in the provided filing.

Context Tax-withholding dispositions on vested RSUs are common and typically procedural; they do not necessarily indicate the insider’s view of the company’s future performance. This was not an exercise-and-sell or an open-market transaction — the company retained the shares to meet tax obligations.