Fabrinet (FN) EVP Edward T. Archer Withholds 849 Shares for Taxes

What Happened Edward T. Archer, Executive Vice President, Sales & Marketing at Fabrinet (FN), had 849 restricted shares withheld on Aug 24, 2026 to cover his tax liability upon RSU vesting. The withholding was recorded at $421.14 per share, totaling $357,548. This was a tax-withholding disposition (not an open-market sale or purchase).

Key Details

• Transaction date and price: Aug 24, 2026 at $421.14 per share
• Shares withheld/disposed: 849 shares; total value $357,548
• Reason (footnote): Shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of Restricted Share Units (footnote F1)
• Shares owned after transaction: Not specified in the provided excerpt
• Filing date: Aug 26, 2026 — appears filed within the typical 2-business-day Form 4 window

Context Tax-withholding via share retention is a routine administrative action when RSUs vest: a portion of the award is retained to cover withholding rather than the insider selling shares on the open market. Such withholdings generally do not signal a change in the insider's market view. The Form 4 code "F" indicates the disposition was for tax withholding.