4Accepted Sep 11, 6:53 PM ET
Logitech (LOGI) Director Owen Mahoney Sells 719 Shares
Accepted (ET)
6:53 PM
Sep 11, 2026
Filed
Sep 11, 2026
Documents
1
Size
5.5 KB
Summary
Logitech (LOGI) Director Owen Mahoney Sells 719 Shares
What Happened
Owen Mahoney, a director of Logitech International S.A. (LOGI), disposed of 719 shares on September 9, 2026 to satisfy tax withholding obligations tied to the vesting of previously granted RSUs. The filing reports a price of $98.44 per share, for a total value of approximately $70,778. The disposal was an exempt transfer to the issuer under Rule 16b-3(e) rather than an open-market sale.
Key Details
- Transaction date: 2026-09-09
- Shares: 719 surrendered/disposed
- Price per share reported: $98.44 (total ≈ $70,778)
- Footnote: Exempt disposition to issuer to satisfy tax withholding on vested RSUs (Rule 16b-3(e)). Price is the SIX Swiss Exchange closing price CHF 79.66 converted at 1 CHF = $1.23571.
- Shares owned after transaction: Not disclosed in the Form 4 filing.
- Filing timeliness: No late-filing flag reported.
Context
This was a tax-withholding disposition (transaction code F), a common administrative action when restricted stock units vest. It typically does not indicate a decision to take a market position—shares were remitted to the company to cover taxes rather than sold on the open market.