Cisco SVP has shares withheld for RSU taxes
Cisco Systems SVP & Chief Accounting Officer Maria Victoria Wong reported a tax-related share disposition.
Rhea-AI Filing Summary
Cisco Systems SVP & Chief Accounting Officer Maria Victoria Wong reported a tax-related share disposition. On the reported date, 1,268.069 shares of Cisco common stock were withheld at a price of $96.57 per share to cover tax liabilities from the partial settlement of three previously granted restricted stock unit awards. Following this tax-withholding transaction, she directly holds 26,688.674 shares of Cisco common stock. This event reflects routine tax settlement associated with equity compensation rather than an open-market stock sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,268.069 | $96.57 | $122K |
Footnotes (1)
- F1. Represents shares withheld for payment of tax liability arising as a result of 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 August 4, 2023 and in Forms 4 filed with the Commission on September 25, 2023 and November 6, 2024.
Key Figures
Key Terms
tax-withholding disposition financial
restricted stock unit financial
Form 3 regulatory
Forms 4 regulatory
tax liability financial
FAQ
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