Logitech (LOGI) CEO adds stock via employee share purchase plan
Rhea-AI Filing Summary
Logitech International S.A. reports that Chief Executive Officer Johanna W. Faber acquired 90 registered shares on July 31, 2026 under the company’s Employee Share Purchase Plan at $74.5195 per share. Under the ESPP, these shares were purchased at 85% of the February 2, 2026 closing price. Following this transaction, she directly holds 14,905 registered shares. An additional 11 registered shares are reported as held indirectly by her adult children. The ESPP acquisition is described as exempt under Rule 16b-3(d) and Rule 16b-3(c).
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 90 shares
Net Buy
2 txns
Insider
Faber Johanna W.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Registered Shares F1, F2 | 90 | $74.5195 | $7K |
| holding | Registered Shares F3 | -- | -- | -- |
Holdings After Transaction:
Registered Shares — 14,905 shares (Direct);
Registered Shares — 11 shares (Indirect, See footnote)
Footnotes (3)
- F1. The shares were acquired under the Issuer's Employee Share Purchase Plan (ESPP) in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
- F2. In accordance with the ESPP, these shares were purchased at 85% of the closing price of the Issuer's registered shares on February 2, 2026.
- F3. The share are held by the Reporting Person's adult children.
Key Figures
Shares acquired: 90 registered shares
Purchase price: $74.5195 per share
ESPP discount: 85% of closing price
+2 more
5 metrics
Shares acquired
90 registered shares
Acquisition on July 31, 2026 under the Employee Share Purchase Plan
Purchase price
$74.5195 per share
Price paid for ESPP shares acquired on July 31, 2026
ESPP discount
85% of closing price
Shares purchased at 85% of the February 2, 2026 closing price
Direct holdings after transaction
14,905 registered shares
CEO’s direct ownership following the July 31, 2026 ESPP acquisition
Indirect holdings
11 registered shares
Shares held by the CEO’s adult children, reported as indirect ownership
Key Terms
Employee Share Purchase Plan (ESPP), Rule 16b-3(d), Rule 16b-3(c), Registered Shares
4 terms
Rule 16b-3(d) regulatory
"transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c)"
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
Rule 16b-3(c) regulatory
"transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c)"
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock transaction did LOGI CEO Johanna Faber report?
Johanna W. Faber, CEO of Logitech (LOGI), reported acquiring 90 registered shares on July 31, 2026. The acquisition occurred through the company’s Employee Share Purchase Plan and increased her direct holdings to 14,905 shares, plus 11 shares held indirectly via her adult children.
Under what SEC rules is the LOGI CEO’s ESPP acquisition described as exempt?
The CEO’s ESPP acquisition of 90 registered shares is described as exempt under Rule 16b-3(d) and Rule 16b-3(c). These rules provide exemptions from certain short-swing profit provisions for transactions under issuer-approved employee benefit and compensation plans.