Cisco (NASDAQ: CSCO) grants director 2,333 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cisco Systems director Peter A. Shimer reported receiving an equity award tied to Cisco common stock. He acquired 2,333 shares through a fully vested deferred restricted stock unit grant at a price of $0.00 per share, bringing his directly owned shares reported in this filing to 2,333.
The award is structured to settle in Cisco shares on, or as soon as practicable after, his “separation from service” with Cisco, consistent with Section 409A of the Internal Revenue Code. This is a compensation-related grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shimer Peter A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,333 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,333 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 2,333 shares
Grant price per share: $0.00 per share
Shares owned after transaction: 2,333 shares
3 metrics
Shares granted
2,333 shares
Deferred restricted stock unit award on 2026-04-06
Grant price per share
$0.00 per share
Equity compensation, not open-market purchase
Shares owned after transaction
2,333 shares
Direct Cisco common stock holdings following the award
Key Terms
deferred restricted stock unit, separation from service, Section 409A of the Internal Revenue Code
3 terms
deferred restricted stock unit financial
"Represents a fully vested deferred restricted stock unit award covering shares"
separation from service regulatory
"will settle in shares on, or as soon as practicable after, the reporting person's "separation from service""
Section 409A of the Internal Revenue Code regulatory
"within the meaning of Section 409A of the Internal Revenue Code"
FAQ
What did Cisco (CSCO) director Peter A. Shimer report in this Form 4 filing?
Peter A. Shimer reported receiving 2,333 shares of Cisco common stock via a fully vested deferred restricted stock unit award. The grant is a compensation-related acquisition at a price of $0.00 per share, not an open-market stock purchase or sale.
Is the Cisco (CSCO) Form 4 transaction a stock purchase or a compensation grant?
The Form 4 shows a compensation grant, not a market purchase. Peter A. Shimer acquired 2,333 Cisco shares via a fully vested deferred restricted stock unit award, classified as a grant, award, or other acquisition at no cash purchase price.