Cisco CEO logs tax-related share withholding
Cisco Systems Chair and CEO Charles Robbins reported a tax-related share withholding transaction.
Rhea-AI Filing Summary
Cisco Systems Chair and CEO Charles Robbins reported a tax-related share withholding transaction. On 02/10/2026, 11,381.209 shares of Cisco common stock were disposed of at $86.78 per share to cover tax liabilities tied to the partial settlement of two restricted stock unit awards and related dividend equivalents.
After this transaction, Robbins directly beneficially owned 690,640.2 shares of Cisco common stock. This event reflects tax-withholding associated with equity compensation rather than an open-market purchase or sale.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 11,381.209 | $86.78 | $988K |
Footnotes (2)
- F1. Represents shares withheld for payment of tax liability arising as a result of the partial settlement of two (2) restricted stock unit awards originally reported by the reporting person in Forms 4 filed with the Commission on September 25, 2023 and September 23, 2024, and the partial settlement of dividend equivalents accrued on the restricted stock unit awards.
- F2. Includes 50,313.446 dividend equivalents accrued on vested deferred restricted stock units and 10,763.168 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
FAQ
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What insider transaction did Cisco (CSCO) report for Charles Robbins?
Was the Charles Robbins Form 4 for Cisco (CSCO) an open-market stock sale?
What does transaction code "F" mean in the Cisco (CSCO) Form 4 filing?
What equity awards triggered the tax withholding in the Cisco (CSCO) Form 4?
What are dividend equivalents mentioned in the Cisco (CSCO) Form 4 footnotes?
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