Cisco Systems (CSCO) director reports 3,481-share stock award grant
Rhea-AI Filing Summary
Cisco Systems director receives fully vested stock award
A director of Cisco Systems, Inc. received a stock award of 3,481 shares of common stock on 12/16/2025. The award was granted at a price of $0 per share and is described as fully vested on the grant date, meaning the shares are not subject to additional vesting conditions.
After this grant, the director beneficially owns 173,368 shares of Cisco common stock in direct ownership. This filing reflects an equity-based compensation grant rather than an open-market purchase or sale.
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FAQ
What insider transaction did Cisco Systems (CSCO) report in this filing?
A director of Cisco Systems, Inc. received a stock award of 3,481 shares of common stock on 12/16/2025, granted at a price of $0 per share.
How many Cisco Systems (CSCO) shares does the director own after this grant?
Following the reported transaction, the director beneficially owns 173,368 shares of Cisco Systems common stock in direct ownership.
What is the nature of the Cisco Systems (CSCO) stock award reported?
The transaction represents a stock award of 3,481 shares that, according to the footnote, is fully vested on the date of grant.
Was this Cisco Systems (CSCO) insider transaction a purchase on the open market?
No. The filing shows a stock award granted at $0 per share, indicating equity compensation rather than an open-market purchase.
What role does the reporting person have at Cisco Systems (CSCO)?
The reporting person is identified as a Director of Cisco Systems, Inc., according to the relationship section of the filing.
Is the Cisco Systems (CSCO) stock award subject to vesting conditions?
The footnote explains that the 3,481-share stock award is fully vested on the date of grant, so it is not subject to additional vesting.