Cisco (NASDAQ: CSCO) sales EVP sells 3,132 common shares in plan trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cisco Systems executive vice president of global sales Oliver Tuszik reported an open-market sale of 3,132 shares of Cisco common stock at $79.74 per share on March 18, 2026. After the sale, he directly holds 188,612.992 shares, which include 1,221.059 dividend equivalents on unvested restricted stock units. The transaction was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on December 17, 2025, indicating it was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,132 shares ($249,746)
Net Sell
1 txn
Insider
Tuszik Oliver
Role
EVP, Global Sales
Sold
3,132 shs ($250K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,132 | $79.74 | $250K |
Holdings After Transaction:
Common Stock — 188,612.992 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 17, 2025. Includes 1,221.059 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
FAQ
What did Cisco (CSCO) executive Oliver Tuszik report in this Form 4 filing?
Oliver Tuszik reported selling 3,132 shares of Cisco common stock in an open-market transaction. The sale occurred at a price of $79.74 per share and was executed under a pre-arranged Rule 10b5-1 trading plan adopted in December 2025.
Was the Cisco (CSCO) stock sale by Oliver Tuszik part of a Rule 10b5-1 plan?
Yes, the sale was executed under a Rule 10b5-1 trading plan adopted by Oliver Tuszik on December 17, 2025. Such plans pre-schedule trades, indicating the timing of this 3,132-share sale was set in advance rather than decided opportunistically.
What are the dividend equivalents mentioned in Oliver Tuszik’s Cisco (CSCO) holdings?
His holdings include 1,221.059 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is economically equal to one share of Cisco common stock, increasing the effective exposure within his reported 188,612.992 share position.