Fabrinet's CEO Sells Company Stock Worth $1.7 Million Amid a Share Price Decline
Key PointsThe disposition involved 3,865 direct shares with an estimated value of ~$1.7 million based on a weighted average price of $436.67.
Fabrinet's CEO, Seamus Grady, sold 3,865 shares of the company, valued at approximately $1.7 million, based on a weighted average price of $436.67. This transaction occurred on August 21 and 22, 2026, according to an SEC Form 4 filing.
Fabrinet is a leading provider of optical packaging and precision manufacturing services with a market capitalization of $15.1 billion. The company operates in the contract manufacturing sector and maintains a diversified geographic footprint across North America, Asia-Pacific, and Europe, according to Motley Fool.
The Nasdaq Markets reports that the disposition involved direct shares. No further details on the reason for the sale were provided in the reports.
Brief written by urgent.news from Nasdaq Markets, Motley Fool, Yahoo Finance — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
