Logitech director uses 720 shares for taxes
A Logitech director remitted 720 shares back to the company to cover taxes on vested RSUs, leaving him with 11,121 directly held shares.
Rhea-AI Filing Summary
LOGITECH INTERNATIONAL S.A. (LOGI) reported that director Christopher Richardson Jones disposed of shares on September 9, 2026 in a tax-related transaction. He remitted 720 registered shares back to Logitech to satisfy tax withholding obligations arising from the vesting of previously reported restricted stock units. The shares were valued at $98.44 per share, based on the September 9, 2026 closing price on the SIX Swiss Exchange converted from CHF 79.66. After this exempt disposition to the issuer under Rule 16b-3(e), Jones directly held 11,121 Logitech shares, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Registered Shares F1, F2 | 720 | $98.44 | $71K |
Footnotes (2)
- F1. In an exempt disposition to the Issuer under rule 16b-3(e), the recipient remitted shares to the Issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of shares with respect to previously reported RSUs.
- F2. The reported amount represents the closing price on the SIX Swiss Exchange of CHF 79.66, as converted into U.S. dollars at the exchange rate of 1 CHF to U.S. $1.23571, as in effect on September 9, 2026.
Key Figures
Key Terms
Rule 16b-3(e) regulatory
tax withholding obligations financial
restricted stock units financial
SIX Swiss Exchange market
FAQ
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What insider transaction did LOGI director Christopher Richardson Jones report?
Was the LOGI insider transaction part of a Rule 10b5-1 trading plan?
Does the LOGI Form 4 indicate any open-market buying or selling by the director?
AI-generated analysis. How Rhea-AI works. Not financial advice.