Cisco Systems (CSCO) CAO Nichlas Fink has 1,205 shares withheld for tax liability
Rhea-AI Filing Summary
Nichlas A. Fink, Senior Vice President and Chief Accounting Officer of Cisco Systems, reported a disposition of 1,205.004 shares of common stock on August 10, 2026 at $121.43 per share. According to the disclosure, these shares were withheld for payment of tax liability arising from the partial settlement of three restricted stock unit awards. Following this withholding, Fink directly holds 33,626.09 shares of Cisco Systems common stock.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 1,205.004 shares
Net Sell
1 txn
Insider
Fink Nichlas A
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,205.004 | $121.43 | $146K |
Holdings After Transaction:
Common Stock — 33,626.09 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld for payment of tax liability arising as a result the partial settlement of three (3) restricted stock unit awards originally reported by the reporting person in a Form 3 filed with the Commission on May 26, 2026.
Key Figures
Shares withheld for taxes: 1,205.004 shares
Per-share value: $121.43 per share
Shares held after transaction: 33,626.09 shares
+2 more
5 metrics
Shares withheld for taxes
1,205.004 shares
Common stock withheld on August 10, 2026 to pay tax liability
Per-share value
$121.43 per share
Value applied to shares withheld for tax liability
Shares held after transaction
33,626.09 shares
Direct Cisco common stock holdings following the withholding
Number of RSU awards
3 awards
Partial settlement of three restricted stock unit awards created the tax liability
ExercisePriceOrTaxLiabilityShares
1,205.004 shares
Shares associated with payment of tax liability in transaction summary
Key Terms
restricted stock unit awards, payment of tax liability, Form 3, Common Stock
4 terms
restricted stock unit awards financial
"partial settlement of three (3) restricted stock unit awards originally reported"
Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.
payment of tax liability financial
"shares withheld for payment of tax liability arising as a result"
Form 3 regulatory
"awards originally reported by the reporting person in a Form 3 filed"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CSCO executive Nichlas A. Fink report?
Nichlas A. Fink reported a withholding of 1,205.004 Cisco (CSCO) shares of common stock. The shares were used to pay tax liability from the partial settlement of three restricted stock unit awards.
Was the CSCO Form 4 transaction a market sale or tax withholding?
The CSCO Form 4 reports tax withholding, not an open-market sale. 1,205.004 shares were withheld to pay tax liability tied to partially settled restricted stock unit awards.