Cisco Systems (CSCO) director discloses fully vested 3,481-share grant
Rhea-AI Filing Summary
Cisco Systems director Marianna Tessel reported receiving a stock award of 3,481 shares of Cisco common stock on 12/16/2025. The filing notes this award was fully vested on the grant date and carried a stated price of $0, indicating it was granted rather than purchased in the market.
After this award, Tessel beneficially owns 36,516.857 shares directly. This total includes 2,532.857 dividend equivalents that accrued on vested deferred restricted stock units, each equivalent to one share of Cisco common stock.
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FAQ
What insider transaction did Cisco Systems (CSCO) report in this Form 4?
The Form 4 reports that director Marianna Tessel received a fully vested stock award of 3,481 shares of Cisco common stock on 12/16/2025 at a stated price of $0 per share.
How many Cisco (CSCO) shares does the reporting person own after this transaction?
Following the reported stock award, the director beneficially owns 36,516.857 shares of Cisco common stock in total, held as direct ownership.
What are the dividend equivalents mentioned in the Cisco Systems (CSCO) filing?
The ownership total includes 2,532.857 dividend equivalents accrued on vested deferred restricted stock units, with each dividend equivalent being the economic equivalent of one share of Cisco common stock.
Was the Cisco Systems (CSCO) stock award to the director immediately vested?
Yes. The filing explains that the 3,481-share stock award represents a grant that was fully vested on the date of grant.
Is this Cisco Systems (CSCO) Form 4 filed for one reporting person or a group?
The document indicates that the Form 4 is filed by one reporting person, not by more than one reporting person or a group.
What is the relationship of the reporting person to Cisco Systems (CSCO)?
The reporting person is identified as a Director of Cisco Systems, as indicated in the relationship section of the filing.