Cisco EVP reports tax withholding share transaction

Cisco Systems executive Oliver Tuszik reported a routine tax-related share withholding.

Accepted by SEC EDGAR 01/13/2026 - 05:08 PM EST Learn about SEC filing dates

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.

Insider Trade Summary

Exercise Price or Tax Liability: 2,108.266 shares

Exercise Price or Tax Liability 1 txn

Insider Tuszik Oliver

Role EVP, Global Sales

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	2,108.266	$73.88	$156K

Holdings After Transaction: Common Stock — 194,931.541 shares (Direct)

Holdings Before and After: Common Stock, 197,039.807 to 194,931.541 shares (Direct)

Footnotes (2)

1. F1. 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.
2. F2. 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

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

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.

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

Following the reported transaction, Oliver Tuszik beneficially owned 194,931.541 shares of Cisco common stock directly.

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.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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)
01/10/2026

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	01/10/2026		F		2,108.266(1)	D	$73.88	194,931.541(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 a restricted stock unit award originally reported by the reporting person in a Form 3 filed with the Commission on May 6, 2025.

2. 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.

Remarks:

	/s/ Oliver Tuszik by Jay Higdon, Attorney-in-Fact	01/13/2026
	** 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.