Cisco (CSCO) EVP Oliver Tuszik reports tax-withholding share disposition

Rhea-AI Filing Summary

Cisco Systems executive Oliver Tuszik reported an automatic share disposition related to tax withholding. On 02/10/2026, he had 3,695.237 shares of Cisco common stock withheld at $86.78 per share to cover tax obligations from the partial settlement of four restricted stock unit awards.

After this transaction, he directly beneficially owned 191,744.992 Cisco shares, which includes 1,221.059 dividend equivalents accrued on unvested restricted stock units, each equivalent to one share of Cisco common stock. The filing characterizes the transaction as a tax-withholding disposition rather than an open-market sale.

Insights

Equity Compensation Analyst

Routine tax withholding on RSU settlement; minimal thesis impact.

The transaction reflects 3,695.237 Cisco shares withheld at $86.78 to satisfy tax liabilities from settling restricted stock units. Code F indicates this was not a discretionary market sale but an automatic mechanism tied to equity compensation.

Following the withholding, Oliver Tuszik directly beneficially owned 191,744.992 shares, including 1,221.059 dividend equivalents. This level of ownership suggests continued significant exposure to Cisco equity. From an investment perspective, the event is administrative and does not materially change the company’s outlook or governance dynamics.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Tuszik Oliver

Role EVP, Global Sales

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	3,695.237	$86.78	$321K

Holdings After Transaction: Common Stock — 191,744.992 shares (Direct)

Footnotes (1)

1. Represents shares withheld for payment of tax liability arising as a result of the partial settlement of four (4) restricted stock unit awards originally reported by the reporting person in a Form 3/A filed with the Commission on May 23, 2025. Includes 1,221.059 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.

Form 4 Insider Transactions: What Each Field Means →

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^*

Tuszik Oliver

(Last) (First) (Middle)

170 WEST TASMAN DRIVE

(Street)

SAN JOSE CA 95134

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CISCO SYSTEMS, INC. [ CSCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Global Sales

3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/10/2026		F		3,695.237(1)	D	$86.78	191,744.992(2)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld for payment of tax liability arising as a result of the partial settlement of four (4) restricted stock unit awards originally reported by the reporting person in a Form 3/A filed with the Commission on May 23, 2025.

2. Includes 1,221.059 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.

Remarks:

	/s/ Oliver Tuszik by Jay Higdon, Attorney-in-Fact	02/11/2026
	** 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.

FAQ

What insider transaction did Cisco (CSCO) report for Oliver Tuszik?

Cisco reported that executive Oliver Tuszik had 3,695.237 shares withheld to cover tax liabilities from restricted stock unit settlements. The transaction used code F, indicating an automatic tax-withholding disposition rather than a discretionary open-market sale of Cisco common stock.

How many Cisco (CSCO) shares were involved in Oliver Tuszik’s tax-withholding transaction?

Oliver Tuszik had 3,695.237 Cisco common shares withheld at $86.78 per share. These shares were applied to satisfy tax obligations arising from the partial settlement of four restricted stock unit awards previously granted as part of his equity compensation package.

How many Cisco (CSCO) shares does Oliver Tuszik own after this Form 4 transaction?

After the reported transaction, Oliver Tuszik directly beneficially owned 191,744.992 Cisco shares. This total includes 1,221.059 dividend equivalents accrued on unvested restricted stock units, with each dividend equivalent treated as the economic equivalent of one Cisco common share.

Was the Cisco (CSCO) insider transaction by Oliver Tuszik an open-market sale?

No, the transaction was not an open-market sale. It was coded F, meaning shares were withheld by Cisco to pay tax liabilities tied to restricted stock unit settlement, a routine administrative equity compensation event rather than a discretionary stock sale by the executive.

What do the dividend equivalents in Oliver Tuszik’s Cisco (CSCO) holdings represent?

Tuszik’s holdings include 1,221.059 dividend equivalents on unvested restricted stock units. Each dividend equivalent represents the economic equivalent of one Cisco common share, accumulating value alongside the underlying RSUs until they vest or are otherwise settled under plan terms.