Cisco (NASDAQ: CSCO) EVP logs tax withholding of 2,108 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cisco Systems executive Oliver Tuszik reported a routine tax-related share withholding. On 01/10/2026, 2,108.266 shares of Cisco common stock were withheld at $73.88 per share to cover tax liabilities from the partial settlement of a previously granted restricted stock unit award. After this withholding, he beneficially owned 194,931.541 Cisco shares directly, which includes 712.371 dividend equivalents accrued on unvested restricted stock units, each equivalent to one share of common stock.
Positive
- None.
Negative
- None.
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 | 2,108.266 | $73.88 | $156K |
Holdings After Transaction:
Common Stock — 194,931.541 shares (Direct)
Footnotes (1)
- Represents shares withheld for payment of tax liability arising as a result of the partial settlement of a restricted stock unit award originally reported by the reporting person in a Form 3 filed with the Commission on May 6, 2025. Includes 712.371 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
FAQ
What insider transaction did Cisco (CSCO) report for Oliver Tuszik?
The filing reports that on 01/10/2026, EVP, Global Sales Oliver Tuszik had 2,108.266 shares of Cisco common stock withheld to pay tax liabilities arising from the partial settlement of a restricted stock unit award.
Was Oliver Tuszik’s Cisco (CSCO) Form 4 transaction an open-market sale?
No. The Form 4 explains that the 2,108.266 shares represent shares withheld for payment of tax liability tied to a restricted stock unit settlement, not a discretionary open-market sale.
What are the dividend equivalents mentioned in the Cisco (CSCO) Form 4?
The filing states that Tuszik’s holdings include 712.371 dividend equivalents accrued on unvested restricted stock units, with each dividend equivalent being the economic equivalent of one share of Cisco common stock.
What is Oliver Tuszik’s role at Cisco (CSCO) according to the Form 4?
According to the Form 4, Oliver Tuszik is an officer of Cisco Systems, Inc., serving as EVP, Global Sales, and he is not listed as a director or 10% owner.
Is the Cisco (CSCO) Form 4 filed by one reporting person or a group?
The Form 4 indicates it is filed by one reporting person, identifying only Oliver Tuszik as the reporting person.