Cisco Systems (CSCO) EVP discloses stock sale and RSU tax withholding
Rhea-AI Filing Summary
Cisco Systems executive reports stock transactions and tax withholding. The reporting person, an EVP of Operations at Cisco Systems, Inc., reported two transactions in Cisco common stock. On 12/10/2025, 1,715.964 shares were withheld at $79.51 per share to cover taxes from the partial settlement of two previously reported restricted stock unit awards. This left 178,063.64 shares beneficially owned directly, including 2,752.958 dividend equivalents on unvested restricted stock units.
On 12/12/2025, the reporting person sold 1,745 shares of Cisco common stock at $79.46 per share under a Rule 10b5-1 trading plan adopted on March 18, 2025. After this sale, the reporting person directly beneficially owned 176,318.64 shares of Cisco common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,745 | $79.46 | $139K |
| Tax Withholding | Common Stock | 1,715.964 | $79.51 | $136K |
Footnotes (1)
- Represents shares withheld for payment of tax liability arising as a result the partial settlement of two (2) restricted stock unit awards originally reported by the reporting person in a Form 3 filed with the Commission on March 14, 2024. Includes 2,752.958 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock. This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 18, 2025.
FAQ
What insider stock transactions did Cisco Systems (CSCO) report in this Form 4?
The filing reports that a Cisco Systems EVP of Operations had 1,715.964 shares of common stock withheld on 12/10/2025 to pay taxes from restricted stock unit settlements and sold 1,745 shares on 12/12/2025 at $79.46 per share.
At what prices were the Cisco Systems (CSCO) insider transactions executed?
The tax withholding on 12/10/2025 was at $79.51 per share, and the open market sale on 12/12/2025 under a Rule 10b5-1 plan was at $79.46 per share.
What are the dividend equivalents mentioned in the Cisco Systems (CSCO) Form 4?
The filing states that the reported holdings include 2,752.958 dividend equivalents accrued on unvested restricted stock units, with each dividend equivalent economically equal to one share of Cisco common stock.
Was the Cisco Systems (CSCO) insider sale made under a Rule 10b5-1 trading plan?
Yes. The 1,745-share sale on 12/12/2025 was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 18, 2025.