KELLY THOMAS F

Director Kelly Thomas F sells 1,850 FN shares for $1,154,131.22; holds 17,181 post-transaction.

Kelly Thomas F, a director at Fabrinet, executed four separate sales on 2026-02-25 totaling 1,850 shares for $1,154,131.22 at a blended average price of $623.85, reducing his stake to 17,181 shares (−9.7% vs pre-transaction holdings). The timing is notable: the sales occurred well above the current price of $545.63 (the sale prices ranged from $622.47 to $625.52, compared to the 52-week high of $615.99). His prior sales at Fabrinet show a pattern of 0 of 4 trades being well-timed at the 90-day mark, with subsequent 90-day returns averaging +9.1%, indicating his prior exits were poorly positioned relative to forward stock performance. The company is trading at a P/E of 51.87 with strong revenue growth of +18.6% year-over-year, though the current stock price sits 11.4% below the 52-week high, suggesting the director is selling into a relatively high-valuation environment after a recent pull-back from peaks.

Director Kelly Thomas F sold 2,200 shares of Fabrinet (FN) at $464.14, reducing holdings to 18,764 shares

Director Kelly Thomas F sold 2,200 shares (2.2K shares) at $464.14 on 2025-12-04 for $1,021,112.40, a 10.5% reduction of his 20,964-share position. At his prior five trades at Fabrinet, all executed on 2024-03-07, he generated negative 30-day returns (ranging from -15.1% to -17.1%) but positive 90-day returns (+7.4% to +10.0%), indicating the stock recovered after those sales—a pattern of poorly-timed exits in the 90-day window (0 of 5 well-timed). The current stock price of $478.45 is only 1.7% below the 52-week high of $486.91, suggesting limited downside cushion despite strong fundamentals: FN is growing annual revenue by 18.6% and trades at a P/E of 48.82 on a market cap of $17.1B. The discretionary nature of this open-market sale, without any signal of operational distress or strategic repositioning, combined with his prior pattern of selling near peaks only to see recovery, merits continued observation but does not indicate a critical concern at this transaction size.