[Form 4] Fabrinet Insider Trading Activity
Fabrinet (FN) insider activity: Harpal Gill, President & COO, reported vesting of performance-based restricted share units (PSUs) after the Compensation Committee certified that pre-set performance targets were exceeded. On 08/12/2025 the reporting shows two PSU-related acquisitions of 10,225 shares each (reported as acquisitions at $0) increasing beneficial ownership to 38,518 shares, and a separate disposition of 11,013 shares sold at $348.33, leaving 27,505 shares beneficially owned. The filing notes 11,013 shares were withheld to cover the Reporting Person鈥檚 tax liability in connection with the PSU vesting.
Attivit脿 insider di Fabrinet (FN): Harpal Gill, Presidente e COO, ha registrato il consolidamento di restricted share units basate sulle prestazioni (PSU) dopo che il Comitato per la Remunerazione ha certificato il superamento degli obiettivi di performance prefissati. In data 08/12/2025 la comunicazione riporta due acquisizioni correlate alle PSU di 10.225 azioni ciascuna (segnalate come acquisizioni a $0) che hanno portato la partecipazione beneficiaria a 38.518 azioni, e una separata cessione di 11.013 azioni vendute a $348,33, lasciando 27.505 azioni detenute a titolo beneficiario. Nel deposito si specifica che 11.013 azioni sono state trattenute per coprire l'obbligo fiscale della Persona che ha effettuato la comunicazione in relazione al consolidamento delle PSU.
Actividad de insider de Fabrinet (FN): Harpal Gill, Presidente y COO, notific贸 la consolidaci贸n de unidades restringidas basadas en rendimiento (PSU) tras la certificaci贸n del Comit茅 de Compensaci贸n de que se superaron los objetivos de rendimiento preestablecidos. El 12/08/2025 la presentaci贸n muestra dos adquisiciones relacionadas con PSU de 10.225 acciones cada una (reportadas como adquisiciones a $0) que aumentaron la propiedad beneficiaria a 38.518 acciones, y una disposici贸n separada de 11.013 acciones vendidas a $348,33, dejando 27.505 acciones en propiedad beneficiaria. La presentaci贸n indica que 11.013 acciones se retuvieron para cubrir la obligaci贸n fiscal de la Persona informante en relaci贸n con la consolidaci贸n de las PSU.
Fabrinet(FN) 雮措秬鞛� 瓯半灅 頇滊彊: 靷灔 瓴� COO鞚� Harpal Gill鞚� 氤挫儊鞙勳洂須岅皜 氙鸽Μ 鞝曧暣歆� 靹标臣 氇╉憸 齑堦臣毳� 鞚胳頃� 頉� 靹标臣 旮半皹 鞝滍暅欤检嫕雼渼(PSU)鞚� 頇曥爼(vesting)鞚� 氤搓碃頄堨姷雼堧嫟. 2025-08-12鞛� 氤搓碃鞐愲姅 臧侁皝 10,225欤检敥鞚� PSU 甏�霠� 旆摑 霊� 瓯�(旆摑臧� $0搿� 鞁犼碃)鞚� 鞛堨柎 鞁れ唽鞙犾＜鞁濎垬臧� 38,518欤茧 歃濌皜頄堦碃, 氤勲弰搿� 11,013欤茧ゼ 欤茧嫻 $348.33鞐� 毵る弰頃� 觳橂秳鞚� 鞛堨柎 斓滌 鞁れ唽鞙犾＜電� 27,505欤茧 雮晿鞀惦媹雼�. 鞝滌稖靹滊鞐愲姅 PSU 頇曥爼瓿� 甏�霠暣 氤搓碃鞛�(Reporting Person)鞚� 靹戈笀攵�雼挫潉 於╇嫻頃橁赴 鞙勴暣 11,013欤缄皜 鞗愳矞歆曥垬霅橃棃雼り碃 旮办灛霅橃柎 鞛堨姷雼堧嫟.
Activit茅 d'initi茅 de Fabrinet (FN) : Harpal Gill, Pr茅sident et COO, a d茅clar茅 le vesting d'unit茅s d'actions restreintes li茅es 脿 la performance (PSU) apr猫s que le comit茅 de r茅mun茅ration a certifi茅 que les objectifs de performance pr茅d茅finis avaient 茅t茅 d茅pass茅s. Le 12/08/2025, le d茅p么t fait 茅tat de deux acquisitions li茅es aux PSU de 10 225 actions chacune (d茅clar茅es comme acquisitions 脿 0 $) portant la d茅tention b茅n茅ficiaire 脿 38 518 actions, et d'une cession distincte de 11 013 actions vendues 脿 348,33 $, laissant 27 505 actions d茅tenues 脿 titre b茅n茅ficiaire. Le dossier pr茅cise que 11 013 actions ont 茅t茅 retenues pour couvrir la charge fiscale de la personne d茅clarante en lien avec le vesting des PSU.
Insider-Aktivit盲t bei Fabrinet (FN): Harpal Gill, President & COO, meldete das Vesting von leistungsabh盲ngigen Restricted Share Units (PSUs), nachdem das Verg眉tungskomitee best盲tigt hatte, dass vorab festgelegte Leistungsziele 眉bertroffen wurden. In der Meldung vom 12.08.2025 sind zwei PSU-bezogene Erwerbe 眉ber jeweils 10.225 Aktien (jeweils als Erwerb zu $0 gemeldet) aufgef眉hrt, wodurch das wirtschaftliche Eigentum auf 38.518 Aktien anstieg, sowie eine separate Ver盲u脽erung von 11.013 Aktien zu $348,33, wodurch 27.505 Aktien wirtschaftlich verbleiben. In der Meldung wird au脽erdem angegeben, dass 11.013 Aktien einbehalten wurden, um die Steuerverpflichtung der meldenden Person im Zusammenhang mit dem Vesting der PSUs zu begleichen.
- Performance targets were exceeded, triggering PSU vesting certified by the Compensation Committee
- Executive retained meaningful ownership after transactions (27,505 shares beneficially owned)
- 11,013 shares were disposed at $348.33, reducing gross vested shares
- Reported sale may be viewed by some investors as a reduction in insider holdings (even though tied to tax withholding)
Insights
TL;DR: Insider received PSUs after targets were met and sold shares to cover taxes; net ownership changed modestly.
The transaction reflects compensation realization rather than a market-driven sale: two PSU awards vested, yielding aggregate acquired shares recorded at $0, consistent with equity compensation vesting. The subsequent disposition of 11,013 shares at $348.33 was used to satisfy tax withholding, per the filing. Net beneficial ownership remained material for an executive role but reduced from the gross vesting amount. This pattern is typical for executives realizing performance-based equity.
TL;DR: Compensation committee certified performance, triggering PSU vesting; withholding-sale addressed tax obligations.
The disclosure documents governance processes working as intended: pre-established performance targets were certified by the Compensation Committee leading to PSU vesting. The filing explicitly states shares were withheld to cover tax liability, and a reported sale at $348.33 corresponds to that withholding. There is no indication of opportunistic trading beyond fulfilling tax obligations. Documentation appears timely and complete within the Form 4 format.
Attivit脿 insider di Fabrinet (FN): Harpal Gill, Presidente e COO, ha registrato il consolidamento di restricted share units basate sulle prestazioni (PSU) dopo che il Comitato per la Remunerazione ha certificato il superamento degli obiettivi di performance prefissati. In data 08/12/2025 la comunicazione riporta due acquisizioni correlate alle PSU di 10.225 azioni ciascuna (segnalate come acquisizioni a $0) che hanno portato la partecipazione beneficiaria a 38.518 azioni, e una separata cessione di 11.013 azioni vendute a $348,33, lasciando 27.505 azioni detenute a titolo beneficiario. Nel deposito si specifica che 11.013 azioni sono state trattenute per coprire l'obbligo fiscale della Persona che ha effettuato la comunicazione in relazione al consolidamento delle PSU.
Actividad de insider de Fabrinet (FN): Harpal Gill, Presidente y COO, notific贸 la consolidaci贸n de unidades restringidas basadas en rendimiento (PSU) tras la certificaci贸n del Comit茅 de Compensaci贸n de que se superaron los objetivos de rendimiento preestablecidos. El 12/08/2025 la presentaci贸n muestra dos adquisiciones relacionadas con PSU de 10.225 acciones cada una (reportadas como adquisiciones a $0) que aumentaron la propiedad beneficiaria a 38.518 acciones, y una disposici贸n separada de 11.013 acciones vendidas a $348,33, dejando 27.505 acciones en propiedad beneficiaria. La presentaci贸n indica que 11.013 acciones se retuvieron para cubrir la obligaci贸n fiscal de la Persona informante en relaci贸n con la consolidaci贸n de las PSU.
Fabrinet(FN) 雮措秬鞛� 瓯半灅 頇滊彊: 靷灔 瓴� COO鞚� Harpal Gill鞚� 氤挫儊鞙勳洂須岅皜 氙鸽Μ 鞝曧暣歆� 靹标臣 氇╉憸 齑堦臣毳� 鞚胳頃� 頉� 靹标臣 旮半皹 鞝滍暅欤检嫕雼渼(PSU)鞚� 頇曥爼(vesting)鞚� 氤搓碃頄堨姷雼堧嫟. 2025-08-12鞛� 氤搓碃鞐愲姅 臧侁皝 10,225欤检敥鞚� PSU 甏�霠� 旆摑 霊� 瓯�(旆摑臧� $0搿� 鞁犼碃)鞚� 鞛堨柎 鞁れ唽鞙犾＜鞁濎垬臧� 38,518欤茧 歃濌皜頄堦碃, 氤勲弰搿� 11,013欤茧ゼ 欤茧嫻 $348.33鞐� 毵る弰頃� 觳橂秳鞚� 鞛堨柎 斓滌 鞁れ唽鞙犾＜電� 27,505欤茧 雮晿鞀惦媹雼�. 鞝滌稖靹滊鞐愲姅 PSU 頇曥爼瓿� 甏�霠暣 氤搓碃鞛�(Reporting Person)鞚� 靹戈笀攵�雼挫潉 於╇嫻頃橁赴 鞙勴暣 11,013欤缄皜 鞗愳矞歆曥垬霅橃棃雼り碃 旮办灛霅橃柎 鞛堨姷雼堧嫟.
Activit茅 d'initi茅 de Fabrinet (FN) : Harpal Gill, Pr茅sident et COO, a d茅clar茅 le vesting d'unit茅s d'actions restreintes li茅es 脿 la performance (PSU) apr猫s que le comit茅 de r茅mun茅ration a certifi茅 que les objectifs de performance pr茅d茅finis avaient 茅t茅 d茅pass茅s. Le 12/08/2025, le d茅p么t fait 茅tat de deux acquisitions li茅es aux PSU de 10 225 actions chacune (d茅clar茅es comme acquisitions 脿 0 $) portant la d茅tention b茅n茅ficiaire 脿 38 518 actions, et d'une cession distincte de 11 013 actions vendues 脿 348,33 $, laissant 27 505 actions d茅tenues 脿 titre b茅n茅ficiaire. Le dossier pr茅cise que 11 013 actions ont 茅t茅 retenues pour couvrir la charge fiscale de la personne d茅clarante en lien avec le vesting des PSU.
Insider-Aktivit盲t bei Fabrinet (FN): Harpal Gill, President & COO, meldete das Vesting von leistungsabh盲ngigen Restricted Share Units (PSUs), nachdem das Verg眉tungskomitee best盲tigt hatte, dass vorab festgelegte Leistungsziele 眉bertroffen wurden. In der Meldung vom 12.08.2025 sind zwei PSU-bezogene Erwerbe 眉ber jeweils 10.225 Aktien (jeweils als Erwerb zu $0 gemeldet) aufgef眉hrt, wodurch das wirtschaftliche Eigentum auf 38.518 Aktien anstieg, sowie eine separate Ver盲u脽erung von 11.013 Aktien zu $348,33, wodurch 27.505 Aktien wirtschaftlich verbleiben. In der Meldung wird au脽erdem angegeben, dass 11.013 Aktien einbehalten wurden, um die Steuerverpflichtung der meldenden Person im Zusammenhang mit dem Vesting der PSUs zu begleichen.
FAQ
What triggered the share acquisition for Harpal Gill in the FN Form 4?
How many shares did Harpal Gill acquire and how many does he own after the transactions?
Why were shares sold and at what price according to the filing?
What is Harpal Gill鈥檚 role at Fabrinet (FN)?
When did the transactions occur?
