Cisco CEO reports tax-withholding share disposition
Cisco Systems Chair and CEO Charles Robbins reported a Form 4 transaction involving 15,655.948 shares of Cisco common stock on 2026-08-10.
Rhea-AI Filing Summary
Cisco Systems Chair and CEO Charles Robbins reported a Form 4 transaction involving 15,655.948 shares of Cisco common stock on 2026-08-10. These shares were withheld to pay tax liabilities arising from the partial settlement of two restricted stock unit awards and associated dividend equivalents. The shares were valued at $121.43 per share for this tax-withholding event. After the transaction, Robbins directly holds 624,337.850 shares of Cisco common stock, including 52,788.293 dividend equivalents on vested deferred restricted stock units and 9,442.330 dividend equivalents on unvested restricted stock units, each equivalent to one share of Cisco common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 15,655.948 | $121.43 | $1.90M |
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 Forms 4 filed with the Commission on September 25, 2023 and September 23, 2024, and the partial settlement of dividend equivalents accrued on the restricted stock units.
- F2. Includes 52,788.293 dividend equivalents accrued on vested deferred restricted stock units and 9,442.330 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
Key Figures
Key Terms
restricted stock unit awards financial
dividend equivalents financial
vested deferred restricted stock units financial
FAQ
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What did Cisco (CSCO) CEO Charles Robbins report in this Form 4?
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Were the Cisco (CSCO) Form 4 transactions made under a Rule 10b5-1 plan?
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