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Cisco (NASDAQ: CSCO) sales EVP sells 3,132 common shares in plan trade

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Tuszik Oliver

(Last)(First)(Middle)
170 WEST TASMAN DRIVE

(Street)
SAN JOSE CALIFORNIA 95134

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CISCO SYSTEMS, INC. [ CSCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Global Sales
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/18/2026S(1)3,132D$79.74188,612.992(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 17, 2025.
2. 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.
Remarks:
/s/ Oliver Tuszik by Jeremy Erickson, Attorney-in-Fact03/19/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Cisco (CSCO) shares does Oliver Tuszik hold after this transaction?

After the reported sale, Oliver Tuszik directly holds 188,612.992 Cisco shares. This total includes 1,221.059 dividend equivalents accrued on unvested restricted stock units, with each dividend equivalent economically equal to one share of Cisco common stock.

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.

At what price did Oliver Tuszik sell his Cisco (CSCO) shares?

He sold 3,132 shares of Cisco common stock at a price of $79.74 per share. The transaction is categorized as an open-market sale, reflecting a routine disposition rather than an option exercise or other derivative-related transaction.

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.
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