Logitech (LOGI) CLO Samantha Harnett Receives Award; Shares Remitted

What Happened
Samantha Harnett, Chief Legal Officer of Logitech International S.A. (LOGI), received 15,247 shares on August 15, 2026 upon the vesting of performance share units (PSUs) (transaction code A). To satisfy tax withholding obligations, she remitted 7,712 of those shares to the issuer in an exempt disposition (transaction code F) at an implied price of $103.09 per share, resulting in proceeds/withholding of $795,030. Based on the same price, the full vesting equates to roughly $1.57 million and netted her approximately 7,535 shares.

Key Details

• Transaction dates: August 15, 2026 (vest/award and tax withholding); Form 4 filed Aug 17, 2026 (timely).
• Award: 15,247 shares vested (PSUs) — coded A.
• Tax withholding: 7,712 shares remitted to issuer at $103.09/share (coded F) = $795,030.
• Net shares retained by insider from this vesting: ~7,535 shares (15,247 − 7,712).
• Footnote F1: Vesting determined by Logitech’s inventory turns and cash flow from operations over July 1, 2023–June 30, 2026.
• Footnote F2: The 7,712-share disposition was an exempt transfer to the issuer under Rule 16b-3(e) to satisfy tax withholding (not an open-market sale).
• Shares owned after transaction: not specified in the provided filing excerpt.

Context
This was a vesting of PSUs (not a market purchase or an open-market sale). The remittance of shares to the company to satisfy tax withholding is a common, administrative step that does not necessarily signal a change in the insider’s view of the stock.