Harnett Samantha 4
4 · LOGITECH INTERNATIONAL S.A. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
LOGI Chief Legal Officer Samantha Harnett Receives 47,153 Shares
What Happened
Samantha Harnett, Chief Legal Officer of Logitech International S.A. (LOGI), received 47,153 shares on 2026-05-15 upon the vesting of performance share units (PSUs). Per the Form 4, 23,348 of those shares were surrendered to the company to satisfy tax withholding obligations at $102.99 per share (disposed value $2,404,611), leaving a net 23,805 shares issued to her. The award is reported as an acquisition (A) and the withholding as a tax disposition (F).
Key Details
- Transaction date: 2026-05-15; Form 4 filed 2026-05-19 (timely filing).
- Award: 47,153 shares reported at $0.00 (PSU vesting).
- Tax withholding: 23,348 shares disposed at $102.99, total $2,404,611.
- Net shares retained after withholding: 23,805 (47,153 − 23,348).
- Shares owned after transaction: not specified in the filing.
- Footnotes: (F1) PSU vesting amount was determined by three-year performance metrics (avg. revenue growth in constant currency, non‑GAAP operating income, and TSR vs. Russell 3000 for Apr 1, 2023–Mar 31, 2026). (F2) The 23,348‑share disposition was an exempt transfer to the issuer under Rule 16b‑3(e) to satisfy tax withholding.
Context
This was a compensation-related vesting (award) event, not an open-market purchase or discretionary sale. Surrendering shares for tax withholding is routine following equity award vesting and does not, by itself, signal the insider's view on the company's stock.
Insider Transaction Report
- Award
Registered Shares
[F1]2026-05-15+47,153→ 69,175 total - Tax Payment
Registered Shares
[F2]2026-05-15$102.99/sh−23,348$2,404,611→ 45,827 total
Footnotes (2)
- [F1]These shares were acquired pursuant to the vesting of performance share units (PSUs). The number of PSUs that vested was determined based on Logitech's average revenue growth in constant currency, non-GAAP operating income, total shareholder return (TSR) relative to the other companies in the Russell 3000 index, each over a three-year period from April 1, 2023 through March 31, 2026.
- [F2]In an exempt disposition to the Issuer under rule 16b-3(e), the recipient remitted shares to the Issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of shares with respect to PSUs.