Form 4: Fabrinet Executive Edward T. Archer Reports Stock Transaction
SEC Form 4 Filing
EVP of Sales & Marketing at Fabrinet, Edward T. Archer, reports disposition of shares to cover tax liability.
Summary
- On August 18, 2024, Edward T. Archer, EVP of Sales & Marketing at Fabrinet, reported a transaction involving ordinary shares.
- 1,145 shares were disposed of at a price of $231.08 per share to cover the reporting person's tax liability in connection with the vesting of restricted share units.
- Following the transaction, Archer beneficially owns 16,055 ordinary shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions, and it doesn't inherently convey positive or negative sentiment. It's a neutral disclosure.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares being disposed of by an executive.
Key Dates
| Date | Description |
|---|---|
| 08/18/2024 | Date of stock transaction (disposal of shares). |
| 08/20/2024 | Date of signature for the report. |
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