STOCK TITAN

Cisco EVP granted 69,613 restricted shares

Cisco’s EVP of Global Sales received a new time-vested restricted stock unit grant, increasing his direct holdings in CSCO shares.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CISCO SYSTEMS, INC. (symbol: CSCO) is the issuer of record for a Form 4 filing submitted to the SEC. Tuszik Oliver reported acquisition or exercise transactions in this Form 4 filing.

CISCO SYSTEMS, INC. (CSCO) reported that Oliver Tuszik, EVP, Global Sales, received a grant of 69,613 shares of Cisco common stock in the form of restricted stock units on September 16, 2026. These awards vest over time, and following this grant he directly holds 232,949.671 shares, including dividend equivalents.

Positive

  • None.

Negative

  • None.
Insider Tuszik Oliver
Role EVP, Global Sales
Type Security Shares Price Value
Grant/Award Common Stock F1, F2 69,613 $0.00 $0.00
Holdings After Transaction: Common Stock — 232,949.671 shares (Direct)
Footnotes (2)
  1. F1. Represents a restricted stock unit award that vests in installments, with thirty-four percent (34%) of the shares vesting on November 10, 2027 and eight-and-one-quarter percent (8.25%) of the shares vesting quarterly thereafter.
  2. F2. Includes 1,656.454 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
Restricted stock units granted 69,613 shares Grant of Cisco common stock RSUs to EVP, Global Sales on September 16, 2026
Vesting on November 10, 2027 34% Portion of RSU grant scheduled to vest on November 10, 2027
Subsequent quarterly vesting rate 8.25% Percentage of RSU shares vesting quarterly after November 10, 2027
Shares held after transaction 232,949.671 shares Total Cisco common stock directly held by Oliver Tuszik following the grant
Dividend equivalents included 1,656.454 Dividend equivalents accrued on unvested RSUs, each equal to one Cisco share
Per-share grant price $0.00 per share Reported transaction price for the restricted stock unit grant
restricted stock unit financial
"Represents a restricted stock unit award that vests in installments"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
dividend equivalents financial
"Includes 1,656.454 dividend equivalents accrued on unvested restricted"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
economic equivalent financial
"Each dividend equivalent is the economic equivalent of one share"
grant, award, or other acquisition financial
"Transaction is classified as a grant, award, or other acquisition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Cisco Systems (CSCO) report for Oliver Tuszik?

Cisco reported that EVP, Global Sales, Oliver Tuszik received a 69,613-share restricted stock unit award of Cisco common stock on September 16, 2026, categorized as a grant or award acquisition at a reported price of $0.00 per share.

How many CSCO shares does Oliver Tuszik hold after this Form 4 transaction?

After the reported grant, Oliver Tuszik directly holds 232,949.671 shares of Cisco common stock. This total includes 1,656.454 dividend equivalents accrued on unvested restricted stock units, each equivalent to one share of Cisco common stock.

What are the vesting terms of Oliver Tuszik’s new CSCO restricted stock units?

The restricted stock unit award for 69,613 shares vests in installments: 34% of the shares vest on November 10, 2027, and 8.25% of the shares vest quarterly thereafter, according to the footnote disclosure.

Was the CSCO insider transaction made under a Rule 10b5-1 trading plan?

The filing indicates the Rule 10b5-1 checkbox is not affirmed (marked false), and the footnotes do not state that the transaction was made under a Rule 10b5-1 trading plan.

Did Oliver Tuszik buy or sell Cisco (CSCO) shares in the market in this Form 4?

No market purchases or sales are reported. The Form 4 shows a single grant/award acquisition of 69,613 restricted stock units of Cisco common stock, with no open-market buy or sell transactions disclosed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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).
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)
09/16/2026
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 Stock09/16/2026A69,613(1)A$0232,949.671(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. Represents a restricted stock unit award that vests in installments, with thirty-four percent (34%) of the shares vesting on November 10, 2027 and eight-and-one-quarter percent (8.25%) of the shares vesting quarterly thereafter.
2. Includes 1,656.454 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-Fact09/18/2026
** 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)

Keep reading