Fabrinet Chief Executive Officer Seamus Grady disclosed a change in beneficial ownership of company ordinary shares on August 26, 2026, reflecting a tax-related share withholding tied to the vesting of Restricted Share Units on August 24, 2026.

Key Highlights

  • Reporting person: Seamus Grady, serving as both Director and Chief Executive Officer of Fabrinet
  • Transaction date: August 24, 2026, with the filing submitted on August 26, 2026
  • Shares withheld: 2,943 ordinary shares disposed of under transaction code "F" at a price of $421.14 per share
  • Purpose of withholding: According to the filing, shares were withheld to cover the reporting person's tax liability in connection with the vesting of Restricted Share Units
  • Resulting ownership: Following the transaction, Grady directly holds 48,467 ordinary shares of Fabrinet
  • Exchange and ticker: NYSE:FN

Fabrinet CEO's RSU Vesting Generates Tax Withholding Transaction

According to the filing, Seamus Grady, who serves as both a Director and Chief Executive Officer of Fabrinet (NYSE:FN), a provider of optical and electro-mechanical manufacturing services, reported a disposition of 2,943 ordinary shares on August 24, 2026. The transaction was coded "F," which under SEC reporting conventions corresponds to shares withheld by the issuer to satisfy a tax obligation. The per-share price recorded in the filing is $421.14.

The filing states that the shares were "withheld to cover the Reporting Person's tax liability in connection with the vesting of Restricted Share Units." This type of transaction arises when equity compensation awards vest and the company retains a portion of the newly vested shares to remit taxes on the executive's behalf. Following this disposition, Grady's direct beneficial ownership of Fabrinet ordinary shares stands at 48,467, as reported in Table I of the filing. No derivative securities were reported in Table II. The filing was signed by Andrew Chew as attorney-in-fact for Seamus Grady and submitted on August 26, 2026.

What Was Disclosed

The filing reported a withholding of 2,943 Fabrinet ordinary shares from CEO Seamus Grady at $421.14 per share on August 24, 2026, to cover taxes on vesting Restricted Share Units, leaving him with direct beneficial ownership of 48,467 ordinary shares.