Cisco CPO reports RSU tax share withholding
Cisco Systems President and CPO Jeetendra I. Patel reported an automatic share disposition related to equity compensation.
Rhea-AI Filing Summary
Cisco Systems President and CPO Jeetendra I. Patel reported an automatic share disposition related to equity compensation. On February 10, 2026, 7,711.705 shares of Cisco common stock at $86.78 per share were withheld to cover tax liabilities from the partial settlement of two restricted stock unit awards.
After this tax-withholding transaction, Patel directly beneficially owned 274,023.718 shares of Cisco common stock, which include 1,277.300 dividend equivalents tied to unvested restricted stock units. He also indirectly held 200 shares through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 7,711.705 | $86.78 | $669K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents shares withheld for payment of tax liability arising as a result of 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 May 20, 2025.
- F2. Includes 1,277.300 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
FAQ
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What insider transaction did Cisco Systems (CSCO) report for Jeetendra I. Patel?
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Was Jeetendra I. Patel’s Cisco (CSCO) Form 4 transaction an open-market sale?
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