Logitech (LOGI) Director Allan Donald Surrenders 585 Shares

What Happened
Allan Donald, a director of Logitech International S.A., remitted 585 shares on 2026-09-09 to satisfy tax withholding obligations tied to the vesting of previously reported RSUs. The disposition is reported at $98.44 per share, totaling about $57,587. This was an exempt, issuer-directed disposition for tax withholding (SEC transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-09-09; filing date: 2026-09-11 (timely filed).
• Price reported: $98.44 per share; total value reported: $57,587.
• Shares involved: 585 shares surrendered to the issuer for tax withholding.
• Shares owned after transaction: not disclosed in the provided excerpt.
• Footnotes: F1 — exempt disposition to the issuer under Rule 16b-3(e) to satisfy tax withholding from vested RSUs; F2 — $98.44 derived from SIX Swiss Exchange closing price CHF 79.66 converted at 1 CHF = $1.23571.
• Transaction code meaning: F = payment of exercise price or tax liability (tax withholding).

Context
This was a routine tax-withholding transaction related to RSU vesting (a cashless-style disposition) and does not necessarily indicate a change in the director’s view on the company. Such remittances to the issuer to satisfy withholding are common and differ from open-market sales that can reflect trading intent.