Logitech (NASDAQ: LOGI) chief legal officer receives 5,757-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Harnett Samantha reported acquisition or exercise transactions in this Form 4 filing.
LOGITECH INTERNATIONAL S.A. reported that Chief Legal Officer Samantha Harnett received a grant of 5,757 registered shares in the form of restricted stock units (RSUs). Each RSU represents the right to receive one Logitech share after vesting. Following this award, she holds 22,022 shares directly. One-quarter of the RSUs will vest on April 15, 2027, with additional one-quarter portions vesting on each one-year anniversary thereafter.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harnett Samantha
Role
CHIEF LEGAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Registered Shares | 5,757 | $0.00 | -- |
Holdings After Transaction:
Registered Shares — 22,022 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 5,757 shares
Shares after transaction: 22,022 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
RSUs granted
5,757 shares
Registered Shares RSU award on April 15, 2026
Shares after transaction
22,022 shares
Total Logitech registered shares held directly after grant
Grant price per share
$0.0000 per share
Reported transaction price for RSU award
Initial vesting date
April 15, 2027
First vesting of one-quarter of RSUs
Vesting pattern
1/4 annually
One-quarter vests on each one-year anniversary after April 15, 2027
Key Terms
restricted stock unit (RSU), Registered Shares, Grant, award, or other acquisition
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did LOGI report for Samantha Harnett?
LOGITECH INTERNATIONAL S.A. reported that Chief Legal Officer Samantha Harnett received a grant of 5,757 registered shares as restricted stock units. These RSUs are a form of equity-based award that convert into Logitech shares as they vest over time.
How do the Logitech (LOGI) RSUs granted to Samantha Harnett vest?
Each restricted stock unit vests over four years. One-quarter of the RSUs will vest on April 15, 2027, and one-quarter will vest on each subsequent one-year anniversary, gradually delivering Logitech shares to her as vesting milestones are reached.
What does each restricted stock unit (RSU) represent for Logitech (LOGI)?
Each Logitech restricted stock unit represents the right to receive one Logitech share after vesting. This means no shares are delivered immediately; instead, shares are issued over time as the vesting schedule conditions are satisfied.
Was there a purchase price for Samantha Harnett’s Logitech (LOGI) RSU award?
The Form 4 shows a price per share of 0.0000 for the 5,757 registered shares underlying the RSUs. This indicates the grant was an equity award rather than an open-market purchase involving cash paid by the reporting person.