Logitech (LOGI) CFO granted 8,956 RSUs, now holding 16,558 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Anversa Matteo reported acquisition or exercise transactions in this Form 4 filing.
LOGITECH INTERNATIONAL S.A. Chief Financial Officer Matteo Anversa reported receiving an equity award of 8,956 registered shares in the form of restricted stock units (RSUs) at no cash cost. Each RSU represents the right to receive one Logitech share after vesting.
According to the award terms, one quarter of the RSUs will vest on April 15, 2027, with additional 25% installments vesting on each one-year anniversary thereafter. Following this grant, Anversa directly owns 16,558 registered shares, reflecting routine compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Anversa Matteo
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Registered Shares | 8,956 | $0.00 | -- |
Holdings After Transaction:
Registered Shares — 16,558 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 8,956 units
Grant price per share: $0.00 per share
Shares owned after grant: 16,558 shares
+2 more
5 metrics
RSU grant size
8,956 units
Restricted stock units awarded to CFO
Grant price per share
$0.00 per share
Equity award, no cash purchase
Shares owned after grant
16,558 shares
Direct holdings following transaction
Initial vesting date
April 15, 2027
First 25% of RSUs vest
Annual vesting portion
25% per year
Each one-year anniversary after April 15, 2027
Key Terms
restricted stock unit (RSU), vesting, one-year anniversary
3 terms
restricted stock unit (RSU) financial
"Each share is represented by a restricted stock unit (RSU)."
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
vesting financial
"Each RSU represents the right to receive, following vesting, one Logitech share."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
one-year anniversary financial
"1/4th of the RSUs will vest on April 15, 2027 and each one-year anniversary thereafter."
FAQ
What did Logitech (LOGI) CFO Matteo Anversa disclose in this Form 4 filing?
Logitech CFO Matteo Anversa disclosed an equity award of 8,956 registered shares via restricted stock units. The grant involves no cash purchase and is part of his compensation, increasing his direct holdings to 16,558 shares after the award.
How many Logitech (LOGI) restricted stock units were granted to the CFO?
Matteo Anversa was granted 8,956 restricted stock units, each representing one Logitech share upon vesting. This stock-based compensation increases his equity exposure to the company and will convert into shares over a multi-year vesting schedule.
What is the vesting schedule for Matteo Anversa’s Logitech (LOGI) RSU grant?
One quarter of the 8,956 RSUs will vest on April 15, 2027, with the remaining units vesting in equal 25% installments on each following one-year anniversary. This creates a four-year vesting period tied to continued service.
Did Logitech (LOGI) CFO pay a purchase price for the 8,956 RSUs?
The Form 4 shows a transaction price of $0.00 per share for the 8,956 granted RSUs, indicating they were awarded as compensation rather than bought in the open market. Value is realized as the RSUs vest into Logitech shares.