[Form 4] Logitech International SA Insider Trading Activity
Owen Mahoney, a Logitech International S.A. director, acquired 377 registered shares on 09/09/2025 at a reported price of $107.66 per share. The shares were issued under the companys 2006 Stock Incentive Plan in lieu of a portion of cash compensation for board fees, at the reporting persons election. Following the transaction, the filing reports Mr. Mahoney beneficially owns 2,274 shares. The $107.66 price reflects conversion from the SIX Swiss Exchange closing price of CHF 85.56 using an exchange rate of 1 CHF = $1.25832 as of September 9, 2025.
- Director received equity compensation which can align interests with shareholders
- Transparent price conversion disclosed (CHF 85.56 to $107.66 using stated exchange rate)
- Timely Form 4 filing signed and dated 09/11/2025
- None.
Insights
TL;DR: A director received 377 shares instead of cash compensation; the transaction is routine and small relative to company size.
The Form 4 shows a non-derivative acquisition where 377 registered shares were issued to the director under the 2006 Stock Incentive Plan in lieu of cash board fees. The filing discloses the conversion methodology for the SIX Swiss Exchange price to U.S. dollars, which supports transparency in valuation. The post-transaction beneficial ownership is 2,274 shares. This appears to be an elective compensation election rather than an open-market purchase, so it signals alignment without a marketplace trade.
TL;DR: Director compensation settled in equity, disclosed appropriately; routine governance practice with clear pricing conversion noted.
Issuing shares in lieu of cash for board fees is a common governance practice to align directors with shareholder interests. The Form 4 includes necessary details: transaction date, number of shares issued (377), resulting beneficial ownership (2,274), and the exchange-rate-based price conversion. The disclosure was signed by an attorney-in-fact and filed promptly, satisfying Section 16 reporting requirements.