Cisco (CSCO) director granted 383 fully vested shares as fee compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JOHNSON KRISTINA M reported acquisition or exercise transactions in this Form 4 filing.
Cisco Systems director Kristina M. Johnson received a stock award of 383 shares of common stock on March 16, 2026. This grant was given in lieu of her cash retainer fees and was fully vested on the grant date, meaning she gained immediate ownership.
After this award, Johnson directly holds 62,355.393 shares of Cisco common stock, which includes 10,658.393 dividend equivalents that accrued on vested deferred restricted stock units. Each dividend equivalent represents the economic value of one Cisco share, increasing the total value of her equity-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JOHNSON KRISTINA M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 383 | $78.90 | $30K |
Holdings After Transaction:
Common Stock — 62,355.393 shares (Direct)
Footnotes (1)
- Represents a stock award covering shares in lieu of the reporting person's cash retainer fees, which is fully vested on the date of grant. Includes 10,658.393 dividend equivalents accrued on vested deferred restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
FAQ
What did Cisco (CSCO) director Kristina M. Johnson report in this Form 4?
Kristina M. Johnson reported receiving a stock award of 383 Cisco common shares on March 16, 2026. The shares were granted in lieu of her cash retainer fees and were fully vested immediately, reflecting routine director equity compensation.
Was the Cisco (CSCO) stock award to Kristina M. Johnson part of her cash fees?
Yes. The 383-share stock award represents shares granted in lieu of Kristina M. Johnson’s cash retainer fees as a director. Instead of receiving cash, she accepted fully vested Cisco common stock as compensation for board service.
At what price was Kristina M. Johnson’s Cisco (CSCO) stock award valued?
The 383 Cisco shares in the award were valued at $78.90 per share. This per-share value is used to measure the grant’s size for reporting purposes and does not necessarily indicate any open-market purchase or sale by the director.
What are the dividend equivalents reported in Kristina M. Johnson’s Cisco (CSCO) holdings?
Her total includes 10,658.393 dividend equivalents accrued on vested deferred restricted stock units. Each dividend equivalent is the economic equivalent of one Cisco common share, effectively tracking the value of dividends as if shares were held directly.