Samantha Harnett, Chief Legal Officer of Logitech International S.A. (NASDAQ:LOGI), filed a Form 4 on August 17, 2026, disclosing the vesting of performance share units and a related tax-withholding disposition dated August 15, 2026.

Key Highlights

  • PSU vesting: Harnett acquired 15,247 registered shares at $0 through the vesting of performance share units on August 15, 2026.
  • Tax withholding disposition: 7,712 shares were disposed of to Logitech at $103.09 per share to satisfy tax withholding obligations arising from the PSU vesting.
  • Resulting ownership: Following both transactions, Harnett directly beneficially owned 53,362 registered shares.
  • PSU performance period: The vested PSUs were determined based on Logitech's inventory turns and cash flow from operations over a three-year period from July 1, 2023 to June 30, 2026, with the last tranche vesting on August 15, 2026.
  • Exempt disposition: According to the filing, the share remittance to the issuer was an exempt disposition under Rule 16b-3(e).

Logitech CLO's PSU Vesting and Share Disposition Details

According to the Form 4 filed August 17, 2026, Samantha Harnett, serving as Chief Legal Officer of Logitech International S.A., reported two transactions in the company's registered shares on August 15, 2026. The first was an acquisition of 15,247 shares at a price of $0, reflecting the vesting of performance share units. The filing states that the number of PSUs that vested was determined based on Logitech's inventory turns and cash flow from operations, each measured over a three-year period from July 1, 2023 to June 30, 2026, with the last tranche vesting on August 15, 2026.

The second transaction was a disposition of 7,712 shares at $103.09 per share. The filing describes this as "an exempt disposition to the Issuer under rule 16b-3(e)," in which Harnett remitted shares to Logitech "in connection with the satisfaction of tax withholding obligations arising out of the vesting of shares with respect to PSUs." Following both transactions, Harnett's direct beneficial ownership of registered shares stood at 53,362.

The Form 4 was filed by Nathalie Hoegger as attorney in fact for Samantha Harnett and was signed on August 17, 2026. The filing indicates this was a report by one reporting person, with no indirect beneficial ownership entries listed.

What Was Disclosed

The filing disclosed a PSU vesting event resulting in 15,247 shares acquired at no cost, followed by a 7,712-share tax-withholding remittance to Logitech at $103.09 per share, leaving Harnett with direct ownership of 53,362 registered shares.