Form 4: Logitech Chief Legal Officer Samantha Harnett Reports Share Disposition for Tax Obligations
SEC Form 4 Filing
Samantha Harnett, Chief Legal Officer of Logitech, reported the disposition of 1,796 registered shares to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On April 15, 2024, Samantha Harnett, the Chief Legal Officer of Logitech International S.A., disposed of 1,796 registered shares.
- The disposition was an exempt transaction to the issuer to satisfy tax withholding obligations arising from the vesting of previously reported restricted stock units.
- The price per share was $81.26.
- Following the transaction, Harnett beneficially owns 9,914 registered shares.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, which is neutral in sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposition of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of share disposition |
| 04/17/2024 | Date of signature for the report |
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