Anversa Matteo 4
Research Summary
AI-generated summary
Logitech (LOGI) CFO Matteo Anversa Surrenders 3,231 Shares
What Happened
Matteo Anversa, Chief Financial Officer of Logitech International S.A. (LOGI), remitted 3,231 shares on March 15, 2026, at a per-share value of $92.75 (total value $299,675). This was not an open-market sale but an internal disposition to the issuer to satisfy tax withholding obligations arising from the vesting of previously reported restricted stock units (RSUs).
Key Details
- Transaction date: 2026-03-15; Filing date: 2026-03-17 (timely filing).
- Price per share reported: $92.75; Shares disposed: 3,231; Calculated value: $299,675.
- Transaction code: F (tax withholding).
- Footnote: The shares were remitted to the issuer in an exempt disposition under Rule 16b-3(e) to satisfy tax withholding on vested RSUs.
- Shares owned after the transaction: not specified in the provided details.
Context
This was a routine tax-withholding surrender (sometimes called a cashless settlement) rather than a market sale; such transactions generally reflect payroll tax obligations from equity vesting and are not a direct signal of the insider’s view on the company’s stock. Rule 16b-3(e) exemptions permit the issuer to accept shares for tax withholding in these circumstances.