Cisco Systems EVP Oliver Tuszik receives 14,376 shares

Available on EDGAR 11/12/2026 - 07:50 PM EST Accepted by SEC EDGAR 11/12/2026 - 07:49 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Cisco Systems, Inc. (CSCO) EVP, Global Sales Oliver Tuszik settled a performance-based restricted stock unit award on November 10, 2026, receiving 14,376 shares, including 2,240 dividend equivalents. On the same date, 20,580 shares were withheld at a reported $98.65 per share for tax liability arising from that settlement, partial settlements of three previously reported restricted stock awards, and related dividend equivalents.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Tuszik Oliver

Role EVP, Global Sales

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1, F2	14,375.74	$0.00	$0.00
Tax Withholding	Common Stock F3, F4	20,579.911	$98.65	$2.03M

Holdings After Transaction: Common Stock — 225,068.993 shares (Direct)

Holdings Before and After: Common Stock, 231,273.164 to 225,068.993 shares (Direct)

Footnotes (4)

1. F1. Represents settlement of a performance-based restricted stock unit ("PRSU") award granted on September 21, 2023 resulting from the satisfaction of performance metrics during the three-year performance period and dividend equivalents accrued on such award.
2. F2. Includes 2,239.538 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
3. F3. Represents shares withheld for payment of tax liability arising as a result of the settlement of the PRSU award described in footnote 1, the partial settlement of three (3) restricted stock unit awards originally reported by the reporting person in a Form 3/A filed with the Commission on May 23, 2025 and in a Form 4 filed with the Commission on September 18, 2025, the settlement of dividend equivalents accrued on the PRSU award described in footnote 1, and the partial settlement of dividend equivalents accrued on a restricted stock unit award.
4. F4. Includes 1,753.360 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.

Key Figures

Shares received in award settlement: 14,376 shares Dividend equivalents included: 2,240 dividend equivalents Shares withheld for tax liability: 20,580 shares +1 more

4 metrics

Shares received in award settlement 14,376 shares November 10, 2026; includes dividend equivalents

Dividend equivalents included 2,240 dividend equivalents Included in the award settlement on November 10, 2026

Shares withheld for tax liability 20,580 shares November 10, 2026

Reported price per share withheld $98.65 per share Shares withheld for tax liability on November 10, 2026

Key Terms

performance-based restricted stock unit, dividend equivalents, unvested restricted stock units

3 terms

performance-based restricted stock unit financial

"settlement of a performance-based restricted stock unit award"

A performance-based restricted stock unit is a promise of company shares given to an employee that only becomes actual stock if specific performance targets are met and any required time at the company is completed. For investors, these awards matter because they can dilute existing shares when earned and signal management’s confidence or the company’s expected future performance, much like a bonus cheque that only clears when pre-set goals are reached.

dividend equivalents financial

"dividend equivalents accrued on unvested restricted stock units"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

unvested restricted stock units financial

"dividend equivalents accrued on unvested restricted stock units"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did CSCO EVP Oliver Tuszik receive in the award settlement?

Oliver Tuszik received 14,376 shares in the performance-based restricted stock unit award settlement on November 10, 2026, including 2,240 dividend equivalents.

How many CSCO shares were withheld for taxes?

20,580 shares were withheld at a reported $98.65 per share for tax liability. The withholding related to the performance-based award settlement, partial settlements of three previously reported restricted stock awards, and related dividend equivalents.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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 CALIFORNIA 95134

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	11/10/2026		A		14,375.74(1)	A	$0	245,648.904(2)	D
Common Stock	11/10/2026		F		20,579.911(3)	D	$98.65	225,068.993(4)	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 settlement of a performance-based restricted stock unit ("PRSU") award granted on September 21, 2023 resulting from the satisfaction of performance metrics during the three-year performance period and dividend equivalents accrued on such award.

2. Includes 2,239.538 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.

3. Represents shares withheld for payment of tax liability arising as a result of the settlement of the PRSU award described in footnote 1, the partial settlement of three (3) restricted stock unit awards originally reported by the reporting person in a Form 3/A filed with the Commission on May 23, 2025 and in a Form 4 filed with the Commission on September 18, 2025, the settlement of dividend equivalents accrued on the PRSU award described in footnote 1, and the partial settlement of dividend equivalents accrued on a restricted stock unit award.

4. Includes 1,753.360 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 Jeremy Erickson, Attorney-in-Fact	11/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)