Cisco EVP granted 55,690 restricted stock units
Cisco’s EVP, Operations received a 55,690-share restricted stock unit grant with multi-year vesting, bringing direct holdings to about 183,351 shares.
Rhea-AI Filing Summary
CISCO SYSTEMS, INC. (symbol: CSCO) is the issuer of record for a Form 4 filing submitted to the SEC. Subaiya Thimaya K. reported acquisition or exercise transactions in this Form 4 filing.
CISCO SYSTEMS, INC. (CSCO) reported that EVP, Operations Subaiya Thimaya K. received a grant of 55,690 shares of common stock in the form of restricted stock units on September 16, 2026. Thirty-four percent of these RSUs vest on November 10, 2027, with 8.25% vesting quarterly thereafter. Following this award, the executive holds 183,351.148 shares directly, including 3,517.977 dividend equivalents on unvested RSUs.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 55,690 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents a restricted stock unit award that vests in installments, with thirty-four percent (34%) of the shares vesting on November 10, 2027 and eight-and-one-quarter percent (8.25%) of the shares vesting quarterly thereafter.
- F2. Includes 3,517.977 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
Key Figures
Key Terms
restricted stock unit financial
dividend equivalents financial
economic equivalent financial
FAQ
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What insider transaction did CSCO report for EVP Operations Subaiya Thimaya K.?
How do the 55,690 RSUs granted to the CSCO executive vest?
What are dividend equivalents mentioned in the CSCO Form 4 filing?
Was the CSCO insider transaction made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.