4Accepted Sep 10, 4:43 PM ET
Logitech (LOGI) Director Guy Gecht Receives RSU Award
Accepted (ET)
4:43 PM
Sep 10, 2026
Filed
Sep 10, 2026
Documents
2
Size
11.9 KB
Summary
Logitech (LOGI) Director Guy Gecht Receives RSU Award
What Happened Guy Gecht, a director of Logitech International S.A. (LOGI), received a grant of 2,518 restricted stock units (RSUs) on September 8, 2026. The filing reports an acquisition price of $0.00 for the award (total reported value $0) — this is a grant of equity compensation rather than an open‑market purchase.
Key Details
- Transaction date: 2026-09-08 (Form 4 filed 2026-09-10).
- Transaction type: Award/Grant (code A) of 2,518 RSUs at $0.00.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnote: Each RSU equals the right to receive one Logitech share upon vesting. RSUs vest in full on the earlier of (i) one year after the grant or (ii) the next annual general meeting if the director is not re-elected and continues to provide service through that meeting.
- Timeliness: Form 4 was filed two days after the grant date (appears timely under the 2‑business‑day reporting rule).
Context RSU grants to directors are common as part of board compensation and represent future equity rather than an immediate cash transaction. This grant does not indicate an open‑market purchase or sale; value is realized only if and when RSUs vest and convert to shares. Exhibit 24 (Power of Attorney) is included in the filing remarks.