STOCK TITAN

Logitech (LOGI) Form 4: 840-Share RSU Withholding Reported

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

Rhea-AI Filing Summary

Insider sale and tax-withholding disposition reported for Logitech International (LOGI). Director Neela Montgomery (reporting through attorney-in-fact) disposed of 840 registered shares on 09/04/2025 in an exempt transaction under Rule 16b-3(e). The shares were surrendered to the issuer to satisfy tax withholding obligations arising from previously vested restricted stock units. The filing lists a reported per-share price of $106.04, reflecting the closing SIX Swiss Exchange price of CHF 85.40 converted at 1 CHF = $1.24173. After the disposition, the reporting person beneficially owned 16,276 shares. The Form 4 was signed by counsel on 09/08/2025.

Positive

  • Transaction reported as an exempt Rule 16b-3(e) disposition, indicating the transfer relates to tax withholding on vested RSUs rather than an open-market sale
  • Filing discloses exact converted USD price and the post-transaction beneficial ownership (16,276 shares), supporting transparency

Negative

  • Insider share count decreased by 840 shares, which modestly reduces the director's stake
  • No new purchases or additional grants disclosed to offset the reduction in beneficial ownership

Insights

TL;DR: Routine Rule 16b-3 exempt disposition to cover tax withholding; modest share reduction, no new acquisitions disclosed.

This Form 4 documents a common post-vesting mechanics where an insider remits shares to the issuer to satisfy tax withholding rather than selling on-market. The transaction is coded as an exempt disposition under Rule 16b-3(e), indicating it relates to previously reported RSU vesting rather than a market sale. The disclosed price is a currency-converted closing price; the filing confirms continued beneficial ownership of 16,276 shares after the transfer. From a compliance perspective, the filing appears complete and consistent with standard insider reporting.

TL;DR: Governance-wise, the disclosure shows transparent handling of tax obligations with no indication of unusual trading patterns.

The report shows the insider used an exempt in-kind disposition to remit 840 shares for tax withholding following RSU vesting. This is a routine governance outcome that reduces outstanding insider-held shares without an open-market sale. The retained stake of 16,276 shares remains disclosed. There is no indication in the filing of coordinated sales, new compensation grants, or changes in relationship to the issuer beyond the director status noted.

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*
Montgomery Neela

(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) 840 D $106.04(2) 16,276 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 Neela Montgomery 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 Neela Montgomery report on the Form 4 for LOGI?

Neela Montgomery reported surrendering 840 registered shares on 09/04/2025 in an exempt disposition to satisfy tax withholding from vested RSUs, leaving 16,276 shares beneficially owned.

Why were shares surrendered rather than sold in the reported transaction?

The filing explains the shares were remitted to the issuer to satisfy tax withholding obligations arising from the vesting of previously reported restricted stock units.

What price was used for the reported transaction on the Form 4?

The per-share amount reported is $106.04, which equals the SIX Swiss Exchange closing price of CHF 85.40 converted at 1 CHF = $1.24173 on 09/04/2025.

How many LOGI shares does the reporting person own after the transaction?

16,276 shares beneficially owned are reported following the disposition.

When was the Form 4 signed and filed?

The signature on the filing is dated 09/08/2025, signed by an attorney-in-fact for Neela Montgomery.
Logitech Intl S A

NASDAQ:LOGI

View LOGI Stock Overview

LOGI Rankings

LOGI Latest News

LOGI Latest SEC Filings

LOGI Stock Data

13.57B
146.35M
Computer Hardware
Computer Peripheral Equipment, Nec
Link
Switzerland
SAN JOSE