Logitech director uses 719 shares for taxes
Logitech director Marjorie Lao had shares withheld and remitted to the company to satisfy tax obligations from RSU vesting.
Rhea-AI Filing Summary
LOGITECH INTERNATIONAL S.A. (LOGI) director Marjorie Lao reported an exempt disposition of 719 registered shares on September 9, 2026, to Logitech in connection with tax withholding on vesting of previously reported restricted stock units. The shares were valued at $98.44 each, and she now directly holds 20,692 shares.
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Insider Trade Summary
Tax Withholding: 719 shares
Tax Withholding
1 txn
Insider
LAO MARJORIE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Registered Shares F1, F2 | 719 | $98.44 | $71K |
Holdings After Transaction:
Registered Shares — 20,692 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 remitted for tax withholding: 719 shares
Share valuation in U.S. dollars: $98.44 per share
Post-transaction holdings: 20,692 shares
+2 more
5 metrics
Shares remitted for tax withholding
719 shares
Registered shares delivered to Logitech on September 9, 2026
Share valuation in U.S. dollars
$98.44 per share
Value used for the 719-share tax-withholding disposition
Post-transaction holdings
20,692 shares
Registered shares directly held by Marjorie Lao after the disposition
Swiss franc closing price
CHF 79.66 per share
Closing price on the SIX Swiss Exchange on September 9, 2026
Exchange rate used
1 CHF to $1.23571
Rate applied to convert CHF 79.66 into $98.44 per share
Key Terms
Rule 16b-3(e), tax withholding obligations, restricted stock units
3 terms
Rule 16b-3(e) regulatory
"In an exempt disposition to the Issuer under rule 16b-3(e), the recipient remitted shares"
tax withholding obligations financial
"in connection with the satisfaction of tax withholding obligations arising out of the vesting"
restricted stock units financial
"arising out of the vesting of shares with respect to previously reported RSUs"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LOGI director Marjorie Lao report?
She reported an exempt disposition of 719 registered shares on September 9, 2026, remitting them to Logitech to satisfy tax withholding obligations arising from the vesting of previously reported restricted stock units.
Was Marjorie Lao’s LOGI transaction part of a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported for this transaction; it reflects shares remitted for tax withholding on RSU vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.