Logitech director remits 719 shares for taxes
Logitech director Owen Mahoney remitted shares to the company to cover tax withholding from vested RSUs, a non-market, exempt disposition.
Rhea-AI Filing Summary
LOGITECH INTERNATIONAL S.A. (LOGI) director Owen Mahoney reported an exempt disposition of 719 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, leaving Mahoney with 7,224 shares held directly.
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Insider Trade Summary
Tax Withholding: 719 shares
Tax Withholding
1 txn
Insider
Mahoney Owen
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Registered Shares F1, F2 | 719 | $98.44 | $71K |
Holdings After Transaction:
Registered Shares — 7,224 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
Per-share valuation: $98.44 per share
Shares held after transaction: 7,224 shares
+2 more
5 metrics
Shares remitted for tax withholding
719 shares
Exempt disposition to issuer on September 9, 2026
Per-share valuation
$98.44 per share
Derived from CHF 79.66 SIX closing price converted at 1 CHF = $1.23571 on September 9, 2026
Shares held after transaction
7,224 shares
Direct ownership reported after the September 9, 2026 disposition
SIX Swiss Exchange closing price
CHF 79.66
Closing price used to value the shares on September 9, 2026
FX conversion rate
1 CHF = $1.23571
Exchange rate applied to convert CHF price into U.S. dollars on September 9, 2026
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 Owen Mahoney report?
Owen Mahoney reported an exempt disposition of 719 registered shares on September 9, 2026. The shares were remitted to Logitech to satisfy tax withholding obligations tied to the vesting of previously reported RSUs under Rule 16b-3(e).
Was Mahoney’s LOGI transaction a market sale under a Rule 10b5-1 plan?
No. The Form 4 indicates an exempt disposition to the issuer to cover tax withholding, not an open-market sale, and the document-level Rule 10b5-1 box is unchecked.
AI-generated analysis. How Rhea-AI works. Not financial advice.