Cisco Systems (CSCO) director discloses stock purchase and 3,481 deferred RSUs
Rhea-AI Filing Summary
Cisco Systems director reports additional deferred stock awards
A Cisco Systems director reported acquiring Cisco common stock and deferred restricted stock units in connection with board compensation. On 12/16/2025, the director acquired 390 shares of Cisco common stock at $77.55 per share, bringing directly held common stock to 3,304.608 shares, including 31.608 dividend equivalents on vested deferred units. The director also received a fully vested deferred restricted stock unit award covering 3,481 shares at a stated price of $0, increasing directly held deferred units to 6,785.608 shares. These deferred units will settle in Cisco shares after the director’s “separation from service” under Section 409A rules. In addition, 1,402.584 shares are held indirectly through a trust.
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FAQ
What insider transaction at Cisco Systems (CSCO) is reported in this Form 4?
The filing reports a Cisco Systems director acquiring 390 shares of common stock at $77.55 per share and a fully vested deferred restricted stock unit award covering 3,481 shares on 12/16/2025.
How many Cisco (CSCO) shares does the director own after the reported transactions?
After the transactions, the director beneficially owns 3,304.608 shares of Cisco common stock directly (including dividend equivalents), 6,785.608 deferred restricted stock units directly, and 1,402.584 shares indirectly through a trust.
What is the nature of the 390 Cisco (CSCO) shares acquired at $77.55?
The 390 shares of Cisco common stock were acquired at a price of $77.55 per share and are reported as an increase in the director’s directly held common stock.
How are the 3,481 Cisco (CSCO) deferred restricted stock units structured?
The 3,481 deferred restricted stock units are fully vested awards that will settle in Cisco shares on, or as soon as practicable after, the director’s “separation from service” as defined under Section 409A of the Internal Revenue Code.
What do the dividend equivalents on Cisco (CSCO) deferred units represent?
The filing notes that the total directly held common stock includes 31.608 dividend equivalents accrued on vested deferred restricted stock units, each equivalent being the economic equivalent of one Cisco common share.
Does the Cisco (CSCO) director have indirect ownership of shares?
Yes. The report shows 1,402.584 shares of Cisco common stock held indirectly by a trust, in addition to the director’s directly held shares and deferred restricted stock units.