Logitech (LOGI) Director Sells 839 Shares to Cover RSU Taxes

Q: What did Marjorie Lao report on the LOGI Form 4?

Ms. Lao reported a disposition of 839 registered shares on 09/04/2025 , leaving her with 16,555 shares beneficially owned.

Q: At what price were the shares reported in the Form 4?

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

Q: Who signed the Form 4 and when?

The form was signed by Farschad Farzan as attorney in fact for Marjorie Lao on 09/08/2025 .

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Logitech International S.A. (LOGI) Form 4: Director Marjorie Lao reported a transaction on 09/04/2025 in which 839 registered shares were disposed of at a reported price of $106.04 per share. Following the reported disposition, Ms. Lao beneficially owns 16,555 shares of Logitech common stock. The filing states the 839-share disposition was an exempt transfer to the issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising from previously vested restricted stock units. The $106.04 price reflects conversion from SIX Swiss Exchange closing price of CHF 85.40 using a 1 CHF = $1.24173 rate.

Positive

Transparent disclosure of the transaction date, number of shares, and conversion methodology for the USD price
Director retained meaningful ownership after the transaction (16,555 shares), indicating continued alignment with shareholders
Use of Rule 16b-3(e) signals the disposal was a tax-withholding settlement of vested RSUs rather than an opportunistic sale

Negative

Reduction in director's holdings by 839 shares due to the disposition
No information on percentage ownership or total outstanding shares in this filing to assess materiality relative to company capitalization

Insights

TL;DR: Routine tax-withholding sale by a director; small relative to typical institutional holdings and likely immaterial to company valuation.

The 839-share disposition appears to be a standard remittance to satisfy tax obligations from vested RSUs rather than a market-driven sale for liquidity or signaling. The transaction used an exempt in-kind transfer to the issuer under Rule 16b-3(e), which is common for equity-compensation settlements. With 16,555 shares remaining beneficially owned, the director maintains continued equity exposure, suggesting alignment with shareholder interests. No new derivative activity or additional disposals are reported.

TL;DR: Governance practice consistent with standard executive equity settlement; disclosure and signature indicate procedural compliance.

The filing identifies Ms. Lao as a director and shows the transaction was executed via counsel (/s/ Farschad Farzan as attorney in fact), consistent with authorized handling of insider filings. Use of Rule 16b-3(e) exemption reflects settlement mechanics for tax withholding on vested RSUs. The report is complete for the disclosed non-derivative class and includes conversion methodology for the USD price, supporting transparency. No indications of unusual timing or related-party concerns appear in the document.

Insider Trade Summary

Net Seller: 839 shares

Net Sell 1 txn

Insider LAO MARJORIE

Role Director

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Registered Shares	839	$106.04	$89K

Holdings After Transaction: Registered Shares — 16,555 shares (Direct)

Footnotes (2)

F1. 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.
F2. 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.

FAQ

What did Marjorie Lao report on the LOGI Form 4?

Ms. Lao reported a disposition of 839 registered shares on 09/04/2025, leaving her with 16,555 shares beneficially owned.

Why were the 839 shares disposed of according to the filing?

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

At what price were the shares reported in the Form 4?

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

Does the Form 4 report any options or derivative transactions for Marjorie Lao?

No. Table II (derivative securities) contains no reported transactions or holdings for derivatives in this filing.

Who signed the Form 4 and when?

The form was signed by Farschad Farzan as attorney in fact for Marjorie Lao on 09/08/2025.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 09/08/2025 - 08:05 PM

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^*

LAO MARJORIE

(Last)

(First)

(Middle)

C/O LOGITECH INTERNATIONAL S.A.

ROUTE DE PAMPIGNY 20

(Street)

HAUTEMORGES

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Registered Shares	09/04/2025		F⁽¹⁾		839	D	$106.04⁽²⁾	16,555	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 Marjorie Lao	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.

Source: View Original Filing on SEC EDGAR