STOCK TITAN
  1. Home
  2. Sec-filings
  3. CSCO
  4. [Form 4] CISCO SYSTEMS, INC. Insider Trading Activity

CSCO insider Form 4: PRSU settlement and tax withholding recorded

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Cisco Systems (CSCO) executive Oliver Tuszik, EVP, Global Sales, filed a Form 4 reporting equity award activity on 11/10/2025. He acquired 59,083.782 shares of common stock at $0 upon settlement of two performance-based RSU (PRSU) awards granted on October 11, 2022, including dividend equivalents accrued on those awards.

The filing also shows a tax withholding transaction coded “F,” with 40,524.49 shares withheld at $71.07 per share to cover taxes arising from the PRSU settlements and partial settlement of previously reported RSU awards, plus related dividend equivalents. Following these transactions, Tuszik beneficially owns 215,832.606 shares directly. The total includes 712.371 dividend equivalents accrued on unvested RSUs, each equivalent to one share.

Positive

  • None.

Negative

  • None.
Insider Tuszik Oliver
Role EVP, Global Sales
Type Security Shares Price Value
Grant/Award Common Stock 59,083.782 $0.00 --
Tax Withholding Common Stock 40,524.49 $71.07 $2.88M
Holdings After Transaction: Common Stock — 256,357.096 shares (Direct)
Footnotes (1)
  1. Represents settlement of two (2) performance-based restricted stock unit ("PRSU") awards granted on October 11, 2022 resulting from the satisfaction of performance metrics during the three-year performance period and dividend equivalents accrued on such awards. 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. Represents shares withheld for payment of tax liability arising as a result of the settlement of the PRSU awards described in footnote 1, the partial settlement of six (6) restricted stock unit awards originally reported by the reporting person in a Form 3/A filed with the Commission on May 23, 2025, and the settlement of dividend equivalents accrued on the PRSU awards described in footnote 1.
Form 4 Insider Transactions: What Each Field Means →
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)
11/10/2025
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 11/10/2025 A 59,083.782(1) A $0 256,357.096(2) D
Common Stock 11/10/2025 F 40,524.49(3) D $71.07 215,832.606 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 settlement of two (2) performance-based restricted stock unit ("PRSU") awards granted on October 11, 2022 resulting from the satisfaction of performance metrics during the three-year performance period and dividend equivalents accrued on such awards.
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.
3. Represents shares withheld for payment of tax liability arising as a result of the settlement of the PRSU awards described in footnote 1, the partial settlement of six (6) restricted stock unit awards originally reported by the reporting person in a Form 3/A filed with the Commission on May 23, 2025, and the settlement of dividend equivalents accrued on the PRSU awards described in footnote 1.
Remarks:
/s/ Oliver Tuszik by Jeremy Erickson, Attorney-in-Fact 11/13/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Cisco (CSCO) disclose in this Form 4?

An executive reported settlement of PRSU awards resulting in the acquisition of 59,083.782 shares at $0 and a tax withholding of 40,524.49 shares at $71.07.

Who is the reporting person in CSCO’s filing and what is their role?

The reporting person is Oliver Tuszik, EVP, Global Sales at Cisco Systems.

When did the reported transactions occur for CSCO?

The earliest transaction date is 11/10/2025.

How many Cisco shares did the executive beneficially own after the transactions?

Following the reported transactions, beneficial ownership is 215,832.606 shares, held directly.

What do the transaction codes mean in this CSCO Form 4?

A indicates shares acquired from award settlement; F indicates shares withheld to cover taxes related to the award settlement.

Were dividend equivalents included in the reported amounts?

Yes. The PRSU settlement included dividend equivalents, and 712.371 dividend equivalents are included in holdings on unvested RSUs.