Logitech (LOGI) Form 4: 157 Shares Remitted to Issuer to Cover Taxes

Rhea-AI Filing Summary

Sascha Zahnd, a director of Logitech International S.A. (LOGI), reported a sale of 157 registered shares on 09/04/2025. The filing states this was an exempt disposition to the issuer under Rule 16b-3(e) where shares were remitted to the issuer to satisfy tax withholding obligations arising from the vesting of previously reported restricted stock units. The report shows a sale price of $106.04 per share (derived from CHF 85.40 converted at 1 CHF = $1.24173) and indicates 9,510 shares were beneficially owned after the transaction. The Form 4 was signed by an attorney in fact on 09/08/2025.

Positive

• Transparent disclosure of the transaction type and tax-withholding reason under Rule 16b-3(e)
• Post-transaction beneficial ownership is clearly reported as 9,510 shares

Negative

• None.

Insights

Financial Analyst

TL;DR: A routine, non-market-sale disposition tied to RSU tax withholding; not an economic sale into the market.

The filing documents an exempt disposition under Rule 16b-3(e), indicating shares were surrendered to the issuer to satisfy tax withholding on vested RSUs rather than sold on the open market. The reported per-share value is $106.04 based on the SIX Swiss Exchange closing price converted to USD. Such transactions are common when executives or directors settle withholding obligations and typically do not reflect active divestment intent or trading strategy.

Corporate Governance Expert

TL;DR: Disclosure is timely and follows Section 16 reporting norms; the transaction appears procedural and governance-compliant.

The Form 4 shows the reporting person is a director and the filing was made by one reporting person. The explanation explicitly references tax withholding related to vested RSUs and cites the applicable exempt disposition rule, which aligns with standard governance practice for equity compensation settlements. The form is signed by an attorney in fact, indicating proper authorization of the filing.

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

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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^*

Zahnd Sascha

(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)		157	D	$106.04(2)	9,510	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 Sascha Zahnd	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 Sascha Zahnd report on Form 4?

The filing reports an exempt disposition of 157 registered shares on 09/04/2025 to satisfy tax withholding from vested RSUs.

At what price were the shares reported for the transaction?

The reported price is $106.04 per share, derived from the SIX Swiss Exchange closing price of CHF 85.40 converted at 1 CHF = $1.24173.

How many LOGI shares did Sascha Zahnd own after the transaction?

The Form 4 shows 9,510 shares beneficially owned following the reported transaction.

Why were shares remitted to the issuer according to the filing?

The filing states shares were remitted to the issuer in an exempt disposition under Rule 16b-3(e) to satisfy tax withholding obligations from RSU vesting.

Who signed the Form 4 and when?

The Form 4 was signed by Farschad Farzan as attorney in fact for Sascha Zahnd on 09/08/2025.