Logitech director remits 714 shares for taxes
A Logitech director surrendered 714 shares back to the company to cover taxes on RSU vesting, leaving 14,805 shares held directly.
Rhea-AI Filing Summary
LOGITECH INTERNATIONAL S.A. (LOGI) director Thomas Deborah reported an exempt disposition of 714 registered shares on September 9, 2026. The shares were remitted to the issuer to satisfy tax withholding obligations arising from the vesting of previously reported RSUs, and not sold in the open market. After this withholding transaction, the director directly holds 14,805 shares. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 714 shares
Tax Withholding
1 txn
Insider
Thomas Deborah
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Registered Shares F1, F2 | 714 | $98.44 | $70K |
Holdings After Transaction:
Registered Shares — 14,805 shares (Direct)
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
Shares disposed for tax withholding: 714 shares
Shares held after transaction: 14,805 shares
Reference price per share: $98.44 per share
+2 more
5 metrics
Shares disposed for tax withholding
714 shares
Exempt disposition to issuer on September 9, 2026 to satisfy tax withholding on RSU vesting
Shares held after transaction
14,805 shares
Director’s direct holdings after the September 9, 2026 tax-withholding disposition
Reference price per share
$98.44 per share
Closing price on September 9, 2026, based on CHF 79.66 converted at 1 CHF = $1.23571
CHF closing price
CHF 79.66
Closing price on the SIX Swiss Exchange on September 9, 2026 used for conversion
Exchange rate used
1 CHF = $1.23571
Conversion rate applied to derive the $98.44 reference price per share
Key Terms
Rule 16b-3(e), tax withholding obligations, RSUs, SIX Swiss Exchange
4 terms
Rule 16b-3(e) regulatory
"In an exempt disposition to the Issuer under rule 16b-3(e), the recipient"
tax withholding obligations financial
"in connection with the satisfaction of tax withholding obligations arising"
RSUs financial
"arising out of the vesting of shares with respect to previously reported RSUs"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
SIX Swiss Exchange market
"represents the closing price on the SIX Swiss Exchange of CHF 79.66"
A national stock exchange that operates the primary marketplace for buying and selling shares and other securities in Switzerland. Think of it as a regulated auction house where prices are visible, trades are matched, and listing rules and disclosure standards help ensure orderly markets; its listings, trading volume and rules matter to investors because they affect how easily shares can be bought or sold, how transparent pricing is, and the credibility of listed companies.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LOGI director Thomas Deborah report on September 9, 2026?
The director reported an exempt disposition of 714 registered shares on September 9, 2026, remitting them back to Logitech to satisfy tax withholding obligations tied to the vesting of previously reported RSUs.
Was the LOGI insider transaction made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is marked in a way that indicates no Rule 10b5-1 trading plan is reported for this transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.