@Lila Liang, Thanks for posting in Q&A. For the device ownership value, "Personal" is for bring your own devices and "Company" is for corporate owned devices.
And from the note in the following official document. When using a positive operator, such as “Equals”, with an unregistered device, the device filter is not applied. Conversely, when using a negative operator, like “NotEquals”, with an unregistered device it causes the filter to be applied.
If we only use the following filter, what is the conditional access policy details in sign in log show? Please get a screen shot to know the details.
device.deviceOwnership -ne "Personal" -or device.deviceOwnership -ne "Company"
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