Logitech (LOGI) Director Owen Mahoney Receives RSU Award

What Happened
Owen Mahoney, a Logitech International S.A. director, received two equity awards on September 8, 2026: 2,518 restricted stock units (RSUs) granted (no cash paid at grant) and 813 shares issued in lieu of cash board fees valued at $98.10 per share (total $79,755). The 2,518 RSUs carry no immediate cash cost and vest per the plan’s schedule (see Key Details).

Key Details

• Transaction date: 2026-09-08; Form 4 filed 2026-09-10 (timely filing).
• Awards: 2,518 RSUs @ $0.00 (grant); 813 shares @ $98.10 (acquired) = $79,755.
• Price note: $98.10 per share equals SIX Swiss Exchange close of CHF 79.44 converted at 1 CHF = $1.23487.
• Vesting: RSUs vest in full on the earlier of one-year anniversary or the next annual general meeting if not re-elected (F1).
• Shares issued in lieu of cash: 813 shares were issued under the 2006 Stock Incentive Plan at the director’s election (F2).
• Shares owned after transaction: Not disclosed in the provided filing.
• Exhibit/administrative note: Filing includes Exhibit 24 (Power of Attorney). No late-filing indication.

Context

• RSUs = a promise to receive shares when they vest; they are not a cash purchase and only convert to tradable shares upon vesting.
• The 813 shares were issued instead of cash compensation, a routine director compensation election and not an open-market purchase or sale.
• If valued at the reported $98.10 closing price, the 2,518 RSUs would represent roughly $247,000 in potential value (calculation based on the same close price; actual value will depend on Logitech’s share price at vesting).