4Accepted Sep 10, 4:41 PM ET
Logitech (LOGI) Director Allan Donald Receives RSU Award
Accepted (ET)
4:41 PM
Sep 10, 2026
Filed
Sep 10, 2026
Documents
2
Size
13.9 KB
Summary
Logitech (LOGI) Director Allan Donald Receives RSU Award
What Happened
Allan Donald, a director of Logitech International S.A. (LOGI), received equity on September 8, 2026: 2,518 restricted stock units (RSUs) awarded (reported at $0.00) and 1,022 shares issued in lieu of cash board fees at $98.10 per share, valued at $100,258. The combined grant/issuance equals 3,540 shares/RSU interests.
Key Details
- Transaction date: 2026-09-08; Filing date: 2026-09-10 (filed within the typical 2-business-day Form 4 window).
- Items reported:
- 2,518 RSUs (code A) at $0.00 (award)
- 1,022 shares (code A) at $98.10 each = $100,258 (issued in lieu of cash compensation)
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes:
- RSUs each convert to one Logitech share on vesting; they vest in full on the earlier of one year after grant or the next annual general meeting if the director is not re-elected and remains in service (F1).
- The 1,022 shares were issued under the 2006 Stock Incentive Plan in lieu of cash board fees, at the director’s election (F2).
- The $98.10 per-share USD value reflects conversion from the SIX Swiss Exchange closing price of CHF 79.44 at an exchange rate of 1 CHF = $1.23487 (F3).
- Remarks: Exhibit 24 — Power of Attorney included.
Context
These transactions are awards/compensation (not open-market purchases or sales). RSU grants and shares issued in lieu of cash for directors are routine forms of non-cash compensation and do not by themselves indicate a personal market purchase or sale. No option exercises, sales, or 10b5-1 plan activity were reported in this filing.