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Logitech (NASDAQ: LOGI) CLO reports PSU share vesting and tax withholding disposition

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LOGITECH INTERNATIONAL S.A. chief legal officer Samantha Harnett reported equity compensation activity tied to performance share units. On May 15, 2026, she acquired 47,153 registered shares at no cost upon PSU vesting and remitted 23,348 shares back to Logitech to satisfy tax-withholding obligations.

The vested PSUs were earned based on Logitech’s average revenue growth in constant currency, non-GAAP operating income, and total shareholder return relative to other Russell 3000 companies over the three-year period from April 1, 2023 through March 31, 2026. After these compensation-related transactions, she directly holds 45,827 registered shares.

Positive

  • None.

Negative

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Insider Harnett Samantha
Role CHIEF LEGAL OFFICER
Type Security Shares Price Value
Grant/Award Registered Shares 47,153 $0.00 --
Tax Withholding Registered Shares 23,348 $102.99 $2.40M
Holdings After Transaction: Registered Shares — 69,175 shares (Direct, null)
Footnotes (1)
  1. These shares were acquired pursuant to the vesting of performance share units (PSUs). The number of PSUs that vested was determined based on Logitech's average revenue growth in constant currency, non-GAAP operating income, total shareholder return (TSR) relative to the other companies in the Russell 3000 index, each over a three-year period from April 1, 2023 through March 31, 2026. 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 PSUs.
Shares acquired via PSU vesting 47,153 shares Registered Shares granted/awarded on May 15, 2026
Shares remitted for taxes 23,348 shares Tax-withholding disposition at $102.99 per share on May 15, 2026
Tax-withholding price $102.99 per share Value used for exempt disposition to issuer under rule 16b-3(e)
Direct holdings after transactions 45,827 shares Registered Shares held directly by Samantha Harnett after reported Form 4 transactions
PSU performance period length 3 years From April 1, 2023 through March 31, 2026 for PSU vesting metrics
performance share units (PSUs) financial
"These shares were acquired pursuant to the vesting of performance share units (PSUs)."
total shareholder return (TSR) financial
"total shareholder return (TSR) relative to the other companies in the Russell 3000 index"
Total shareholder return (TSR) measures how much an investment in a company's stock has grown over a specific period by combining the change in the share price and all dividends paid, expressed as a percentage. Think of it like tracking the total balance of a savings jar that increases both from added cash (dividends) and a rising sticker price on the jar (share price); investors use TSR to compare how well different stocks or managers deliver real, money-in-hand returns.
Russell 3000 index financial
"TSR relative to the other companies in the Russell 3000 index"
A broad stock market index that tracks the performance of the roughly 3,000 largest publicly traded U.S. companies by total market value, representing almost the entire U.S. equity market. Investors use it like a big basket or thermometer: it provides a simple snapshot of overall U.S. stock market health, serves as a benchmark for funds and portfolios, and helps measure diversification, risk and returns over time.
non-GAAP operating income financial
"based on Logitech's average revenue growth in constant currency, non-GAAP operating income, total shareholder return"
Non-GAAP operating income is a measure of a company's profit from its core business activities, calculated by excluding certain expenses or income that are not part of regular operations. It provides a clearer picture of how well the business is performing by focusing on ongoing operations, helping investors compare companies more consistently and make better-informed decisions.
rule 16b-3(e) regulatory
"In an exempt disposition to the Issuer under rule 16b-3(e), the recipient remitted shares"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Harnett Samantha

(Last)(First)(Middle)
C/O LOGITECH INC.
3930 NORTH FIRST STREET

(Street)
SAN JOSE CALIFORNIA 95134

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LOGITECH INTERNATIONAL S.A. [ LOGI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF LEGAL OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Registered Shares05/15/2026A47,153(1)A$069,175D
Registered Shares05/15/2026F(2)23,348D$102.9945,827D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares were acquired pursuant to the vesting of performance share units (PSUs). The number of PSUs that vested was determined based on Logitech's average revenue growth in constant currency, non-GAAP operating income, total shareholder return (TSR) relative to the other companies in the Russell 3000 index, each over a three-year period from April 1, 2023 through March 31, 2026.
2. 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 PSUs.
/s/ Nathalie Hoegger as attorney in fact for Samantha Harnett05/19/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Logitech (LOGI) report for Samantha Harnett?

Logitech’s chief legal officer Samantha Harnett received 47,153 registered shares from vested performance share units and remitted 23,348 shares back to Logitech for tax withholding. These are compensation-related entries, not open-market purchases or sales.

Were Samantha Harnett’s Logitech (LOGI) transactions open-market buys or sells?

The transactions were not open-market trades. Harnett received 47,153 shares via a performance share unit vesting and delivered 23,348 shares to Logitech to cover tax obligations, in an exempt disposition under rule 16b-3(e).

How many Logitech (LOGI) shares does Samantha Harnett hold after these Form 4 transactions?

Following the reported equity award vesting and tax-withholding disposition, Samantha Harnett directly holds 45,827 registered Logitech shares. This figure reflects her position after the compensation-related share remittance back to the company.

What performance period determined Samantha Harnett’s vested Logitech (LOGI) PSUs?

The performance share units vested based on metrics measured over April 1, 2023 through March 31, 2026. Logitech evaluated average revenue growth in constant currency, non-GAAP operating income, and relative total shareholder return versus Russell 3000 companies.

What metrics drove the vesting of Logitech (LOGI) performance share units reported in this Form 4?

The PSU vesting depended on Logitech’s average revenue growth in constant currency, non-GAAP operating income, and total shareholder return relative to other Russell 3000 index companies, each measured over the three-year period ending March 31, 2026.