Research Summary
AI-generated summary of this SEC filing
Fabrinet (FN) EVP Edward T. Archer Receives RSU Award
What Happened
Edward T. Archer, EVP, Sales & Marketing of Fabrinet (FN), received an award of 2,024 restricted share units (RSUs) on 2026-08-20. The Form 4 reports an acquisition at $0.00 per share (total reported value $0) because this is an equity grant rather than a cash purchase.
Key Details
- Transaction type: Award/Grant (Code A) — 2,024 RSUs granted on 2026-08-20 at $0.00 per share (reported value $0).
- Vesting: RSUs vest in three equal annual installments on August 20 of 2027, 2028 and 2029, subject to continued service.
- Shares owned after transaction: Not disclosed in this filing.
- Filing timeliness: Form 4 was filed 2026-08-24 for a 2026-08-20 grant — marked as a late filing. Late filings can attract SEC attention or disclosure concerns but do not by themselves indicate wrongdoing.
Context
RSUs are a common form of executive compensation that convert into stock only after they vest; they do not represent an immediate purchase or sale and therefore are not a direct bullish/sell signal. This grant increases potential future ownership if Archer remains with the company through each vesting date.