Logitech director uses 585 shares for tax withholding
Logitech director Guy Gecht used 585 shares to cover tax withholding on vested RSUs, leaving him with 21,934 shares held directly.
Rhea-AI Filing Summary
LOGITECH INTERNATIONAL S.A. (LOGI) director Guy Gecht reported a tax-related share disposition on September 9, 2026. He remitted 585 registered shares back to Logitech in an exempt transaction under Rule 16b-3(e) to satisfy tax withholding from vesting RSUs, at a reference price of $98.44 per share. Following this withholding event, he directly holds 21,934 registered shares.
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Insider Trade Summary
Tax Withholding: 585 shares
Tax Withholding
1 txn
Insider
GECHT GUY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Registered Shares F1, F2 | 585 | $98.44 | $58K |
Holdings After Transaction:
Registered Shares — 21,934 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: 585 shares
Reference share price: $98.44 per share
Post-transaction direct holdings: 21,934 shares
+2 more
5 metrics
Shares remitted for tax withholding
585 shares
Registered shares delivered to Logitech on September 9, 2026
Reference share price
$98.44 per share
Converted from CHF 79.66 SIX Swiss Exchange close on September 9, 2026
Post-transaction direct holdings
21,934 shares
Registered shares directly held by Guy Gecht after the disposition
SIX closing price
CHF 79.66
SIX Swiss Exchange closing price used for conversion on September 9, 2026
FX rate used
1 CHF = $1.23571
Exchange rate applied to convert CHF 79.66 into $98.44
Key Terms
Rule 16b-3(e), RSUs, tax withholding obligations, SIX Swiss Exchange
4 terms
Rule 16b-3(e) regulatory
"In an exempt disposition to the Issuer under rule 16b-3(e), the recipient"
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.
tax withholding obligations financial
"in connection with the satisfaction of tax withholding obligations arising out"
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 Guy Gecht report?
He reported an exempt disposition of 585 Logitech registered shares on September 9, 2026, remitting them to Logitech to satisfy tax withholding obligations arising from the vesting of previously reported RSUs.
AI-generated analysis. How Rhea-AI works. Not financial advice.