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Fabrinet's CEO & Chairman just disposed of 40,000 shares

David T. Mitchell, Fabrinet's CEO & Chairman and a director of the company, recently disposed of 40,000 shares of the company. The disposals took place at $21.39 per share, on November 02, 2015. Mitchell still owns 1,640,078 shares of the company. Mitchell operates out of Dublin, CA. Some additional info was provided as follows:

The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 27, 2015. This sale price represents the weighted average sale price of the shares sold...

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