4Filed Sep 10, 8:00 PM ET
Logitech (LOGI) Director Deborah Thomas Surrenders 714 Shares for Taxes
$LOGI · LOGITECH INTERNATIONAL S.A.Research Summary
AI-generated summary of this SEC filing
Logitech (LOGI) Director Deborah Thomas Surrenders 714 Shares for Taxes
What Happened
Deborah Thomas, a director of Logitech International S.A. (LOGI), remitted 714 shares to the company on September 9, 2026 to satisfy tax withholding obligations arising from the vesting of previously reported restricted stock units (RSUs). The filing reports the disposition at $98.44 per share, for a total value of $70,286 (USD equivalent).
Key Details
- Transaction date and price: 2026-09-09 — 714 shares disposed at $98.44 per share (USD equivalent of CHF 79.66; conversion rate 1 CHF = $1.23571).
- Transaction code: F (tax withholding/exempt disposition to issuer under Rule 16b-3(e)).
- Reason: Shares were remitted to the issuer to satisfy tax withholding on vested RSUs (cashless/withholding settlement).
- Shares owned after transaction: Not stated in the reported excerpt.
- Filing timeliness: Report filed 2026-09-11 for a 2026-09-09 transaction — appears to be filed promptly.
Context
This was a routine tax-withholding disposition (company received shares to cover taxes), not an open-market sale or a purchase. Such transactions are common after RSU vesting and generally do not signal insider buying or selling intent.