Logitech (LOGI) Director Marjorie Lao Receives 2,518-RSU Award

What Happened
Marjorie Lao, a director of Logitech International S.A. (LOGI), received a grant of 2,518 restricted stock units (transaction code A) on September 8, 2026. The RSUs were granted at $0.00 per unit (no cash paid at grant). This was an equity award for service as a director, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-08 (reported on Form 4 filed 2026-09-10, accession 0001750258-26-000001).
• Transaction type/code: Award/Grant (A).
• Amount: 2,518 RSUs; grant price reported as $0.00 (standard for awards).
• Shares owned after transaction: not disclosed in the excerpt of this filing.
• Footnote: F1 — each RSU converts to one Logitech share upon vesting; RSUs vest in full on the earlier of (i) one-year anniversary of the grant or (ii) the next annual general meeting if the director is not re-elected and continues service through that meeting.
• Exhibit: Exhibit 24 (Power of Attorney) included with the filing.
• Timeliness: Filed two days after the grant date (within the typical 2-business-day Form 4 reporting window).

Context
RSUs are a form of compensation that convert to shares only after vesting; they do not represent immediate market purchases or insider selling. Director awards like this are common as part of board compensation and do not by themselves indicate the director is buying or selling stock based on a view of the company’s near-term prospects.