Logitech (LOGI) Director Edouard Bugnion Sells 138 Shares (Tax Withhold)

What Happened Edouard Bugnion, a director of Logitech International S.A. (LOGI), had 138 shares remitted to the company to satisfy tax withholding obligations tied to previously reported RSU vesting. The shares were reported disposed at an effective price of $98.44 per share for a total of $13,585. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-09-09; Filing date: 2026-09-11 (appears timely).
• Price reported: $98.44 per share; total value: $13,585.
• Transaction code: F (tax withholding/exempt disposition to issuer under Rule 16b-3(e)).
• Footnote: The disposition was an exempt transfer to the issuer to satisfy tax withholding on vested RSUs (F1). The $98.44 price reflects the SIX Swiss Exchange closing price of CHF 79.66 converted at 1 CHF = $1.23571 (F2).
• Shares owned after the transaction: Not disclosed in the provided filing.

Context

• This was a routine tax-withholding event following RSU vesting (shares surrendered to the company), not an open-market sale that necessarily signals insider sentiment.
• For retail investors, tax-withholding dispositions are common and generally reflect compensation processing rather than an independent decision to sell.