Fabrinet (FN) EVP Edward T. Archer Receives PSU Award

What Happened
Edward T. Archer, Executive Vice President, Sales & Marketing at Fabrinet (FN), received 6,047 shares upon vesting of performance-based restricted share units (PSUs) on August 11, 2026 (two awards: 3,056 and 2,991 shares). To cover the resulting tax liability, 3,263 of those shares were withheld/disposed at a reported per-share value of $525.88, representing proceeds of $1,715,946. The awards were granted originally on August 22, 2024 and vested after the company exceeded pre-established performance targets certified August 11, 2026.

Key Details

• Transaction date: August 11, 2026; Form 4 filed August 13, 2026 (timely filing).
• Transactions reported: Two awards/vests (A) — 3,056 and 2,991 shares (acquired at $0.00 on vesting); tax withholding (F) — 3,263 shares disposed at $525.88 each for $1,715,946.
• Net shares retained by Archer after withholding: 6,047 − 3,263 = 2,784 shares (based on reported figures).
• Total estimated value of vested PSUs (using the $525.88 per-share figure) ≈ $3.18 million; withheld shares ≈ $1.72 million.
• Footnotes: F1 — PSUs were granted Aug 22, 2024 and vested because performance targets were met and certified Aug 11, 2026. F2 — Shares were withheld to satisfy the reporting person’s tax liability.
• Shares owned after the transaction: Not disclosed in the filing.
• Transaction codes: A = award/vesting; F = withholding to cover tax liabilities (not an open-market sale).

Context
This was a vesting of performance-based restricted shares, not an open-market sale or purchase. The withholding of shares to cover taxes is a routine, administrative step and does not necessarily indicate a change in the insider’s view of the company. For retail investors, purchases or open-market sales by insiders can be more informative of sentiment than tax-withholding disposals.