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Logitech director reports 158-share exempt disposition; 47,178 shares remain

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Edouard Bugnion, a director of Logitech International S.A. (LOGI), reported an exempt disposition of registered shares on 09/04/2025. The filing shows 158 registered shares were disposed of at a reported price of $106.04, and the transaction is described as an exempt disposition to the issuer under Rule 16b-3(e) where shares were remitted to satisfy tax withholding from vested RSUs. After the disposition, the filing reports 47,178 shares beneficially owned. The form is signed by an attorney-in-fact on behalf of Mr. Bugnion on 09/08/2025.

Positive

  • Transaction is an exempt disposition under Rule 16b-3(e), indicating the shares were remitted to the issuer for tax withholding rather than sold on the open market
  • Filing discloses post-transaction ownership of 47,178 shares, providing transparency about insider holdings
  • Price conversion disclosed—the filer reported the SIX Swiss Exchange closing price and the CHF-to-USD conversion used

Negative

  • None.

Insights

TL;DR: A routine, small-scale tax-withholding share remittance by a director; not a market-moving sale.

The transaction is coded as an exempt disposition (F) tied to tax withholding for vested restricted stock units, indicating no open-market sale. The size—158 shares for tax remittance—appears immaterial relative to the reported post-transaction holding of 47,178 shares. From a financial perspective, this does not change ownership materially or signal a change in insider conviction based on the filing alone.

TL;DR: Properly documented director action to satisfy tax obligations; compliance appears consistent with Rule 16b-3(e).

The form identifies Mr. Bugnion as a director and discloses an exempt disposition to the issuer for tax withholding related to RSU vesting. The filing includes the conversion note for the SIX Swiss Exchange closing price and an attorney-in-fact signature, supporting compliance and accurate reporting. This is a routine governance-level disclosure without indications of policy noncompliance.

SEC Form 4
FORM 4 UNITED 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*
Bugnion Edouard

(Last) (First) (Middle)
C/O LOGITECH INTERNATIONAL S.A.
ROUTE DE PAMPIGNY 20

(Street)
HAUTEMORGES V8 1143

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LOGITECH INTERNATIONAL S.A. [ LOGI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/04/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Registered Shares 09/04/2025 F(1) 158 D $106.04(2) 47,178 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. The reported amount represents the closing price on the SIX Swiss Exchange of CHF 85.40, as converted into U.S. dollars at the exchange rate of 1 CHF to U.S. $1.24173, as in effect on September 4, 2025.
/s/ Farschad Farzan as attorney in fact for Edouard Bugnion 09/08/2025
** Signature of Reporting Person Date
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.

FAQ

What did LOGI director Edouard Bugnion report on Form 4?

He reported an exempt disposition of 158 registered shares on 09/04/2025 to satisfy tax withholding from vested RSUs.

How many shares does Edouard Bugnion beneficially own after the transaction?

47,178 shares are reported as beneficially owned following the reported transaction.

What was the reported price for the shares remitted for tax withholding?

The filing reports a price of $106.04, representing the SIX Swiss Exchange closing price converted to USD for 09/04/2025.

Why is the transaction coded as 'F' on the Form 4?

Code F indicates an exempt disposition to the issuer, here used because shares were remitted to satisfy tax withholding on vested RSUs.

Who signed the Form 4 for Edouard Bugnion?

The form is signed by Farschad Farzan as attorney-in-fact for Edouard Bugnion on 09/08/2025.
Logitech Intl S A

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