Logitech (LOGI) Director Marjorie Lao Surrenders 719 Shares for Tax Withholding

What Happened Marjorie Lao, a director of Logitech International S.A., remitted/surrendered 719 shares to the issuer on September 9, 2026 to satisfy tax withholding obligations related to the vesting of previously reported restricted stock units (RSUs). The transaction is reported as a disposition at $98.44 per share (USD equivalent), totalling $70,778.

Key Details

• Transaction date: 2026-09-09; filing date: 2026-09-11. No late filing indicator reported.
• Disposition: 719 shares disposed at $98.44 per share, aggregate value $70,778.
• Footnote on tax withholding: This was an exempt disposition to the issuer under Rule 16b-3(e) — shares were remitted to satisfy tax withholding on vested RSUs.
• Price conversion: Reported price is the SIX Swiss Exchange closing price CHF 79.66 converted at 1 CHF = $1.23571 to yield $98.44 (per filing).
• Shares owned after the transaction: Not reported in this filing.

Context This was a routine tax-withholding share surrender following RSU vesting (commonly called a cashless or share-surrender withholding). Such transactions are administrative and do not necessarily indicate the director is buying or selling stock for investment reasons.