Faber Johanna W. 4
Research Summary
AI-generated summary
Logitech (LOGI) CEO Johanna Faber Buys 100 Shares via ESPP
What Happened Johanna W. Faber, CEO of Logitech International S.A. (LOGI), acquired 100 company shares on January 30, 2026 as an Employee Stock Purchase Plan (ESPP) purchase. The shares were acquired at $72.96 per share for a total value of $7,296. This was an acquisition (purchase) rather than a sale.
Key Details
- Transaction date: January 30, 2026; Filing date: February 3, 2026 (appears timely).
- Price per share: $72.96; Total value: $7,296.
- Shares acquired: 100 shares; filing notes these shares are held by the reporting person’s adult children.
- Footnotes: (F1) Purchase exempt under Rule 16b-3(c) and (d) (standard exemption for employee benefit plan transactions). (F2) Shares were purchased at 85% of the closing price on Jan 30, 2026 (ESPP discount). (F3) Shares are held by the reporting person’s adult children.
- Exhibit included: 24.1 — Power of Attorney.
Context This was an ESPP acquisition (company-plan purchase) using the plan’s discounted purchase feature; such purchases are routine for employees and do not necessarily signal management views on near-term stock moves. Because the shares are held by the CEO’s adult children per the filing, they are not listed as held directly in her name. The transaction was reported under the standard Rule 16b-3 exemption for benefit-plan purchases.