Cisco CEO granted 167,069 RSUs in stock award
Cisco’s Chair and CEO received a time-based RSU award, increasing his direct holdings to roughly 770,000 CSCO shares including dividend equivalents.
Rhea-AI Filing Summary
CISCO SYSTEMS, INC. (CSCO) reported that Chair and CEO Charles Robbins acquired 167,069 shares of common stock on September 16, 2026 through a restricted stock unit (RSU) award granted at no cash cost to him. The RSUs vest over time, with 34% vesting on November 10, 2027 and 8.25% vesting quarterly thereafter.
After this award, Robbins directly holds 769,778.85 shares of Cisco common stock, including 52,788.293 dividend equivalents on vested deferred RSUs and 9,442.33 dividend equivalents on unvested RSUs, each equivalent to one Cisco share. No Rule 10b5-1 trading plan is reported for this grant.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 167,069 | $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 52,788.293 dividend equivalents accrued on vested deferred restricted stock units and 9,442.33 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
deferred restricted stock units financial
economic equivalent financial
FAQ
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