Form 4: Logitech Executive Johanna W. Faber Reports Share Disposition for Tax Obligations

Logitech's Chief Executive Officer, Johanna W. Faber, reports disposition of shares to cover tax obligations related to vesting RSUs.

Summary

• On February 15, 2025, Johanna W. Faber, Chief Executive Officer of Logitech International S.A., disposed of 9,448 registered shares to the Issuer to satisfy tax withholding obligations arising from the vesting of previously reported Restricted Stock Units (RSUs).
• The disposition was an exempt transaction under rule 16b-3(e).
• The price per share was $94.36, based on the closing price on the SIX Swiss Exchange of CHF 94.36 converted to USD at an exchange rate of 1 CHF to $0.90109 on February 15, 2025.
• Following the transaction, Faber directly owns 22,024 registered shares and indirectly owns 11 registered shares held by her adult children.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it reflects a routine transaction related to tax obligations. It's a standard practice and doesn't indicate any significant positive or negative implications for the company.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It provides transparency into executive stock ownership and transactions.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disposition of shares for tax purposes.

Key Dates

Keywords

Logitech, Johanna W. Faber, SEC Form 4, Share Disposition, RSUs, Tax Obligations, Beneficial Ownership, Registered Shares