CSCO insider: 9,492.756 shares from PRSU; tax withheld at $71.07
Rhea-AI Filing Summary
Cisco Systems (CSCO) reported an insider equity transaction by SVP & Chief Accounting Officer Maria Victoria Wong on 11/10/2025. The filing shows the settlement of a performance-based RSU award, crediting 9,492.756 shares of common stock at $0. To cover taxes, 9,588.678 shares were withheld and reported as a disposition at a price of $71.07. After these transactions, her directly held stake is 43,285.818 shares.
The award reflects performance metrics over a two-year period and includes dividend equivalents; tax withholding also reflects partial settlement of prior RSU grants.
Positive
- None.
Negative
- None.
Insights
Routine award settlement with tax withholding; no open-market sale.
Cisco Systems disclosed a Form 4 showing a PRSU settlement that added 9,492.756 shares at $0, followed by tax withholding of 9,588.678 shares at $71.07. This is a standard equity award event.
The disposition is coded "F," indicating shares were withheld to satisfy tax obligations, not sold on the open market. After these entries on 11/10/2025, the officer directly holds 43,285.818 common shares.
These transactions are administrative in nature and typically neutral for the equity story.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,492.756 | $0.00 | -- |
| Tax Withholding | Common Stock | 9,588.678 | $71.07 | $681K |
Footnotes (1)
- Represents settlement of a performance-based restricted stock unit ("PRSU") award granted on September 21, 2023 resulting from the satisfaction of performance metrics during the two-year performance period and dividend equivalents accrued on such award. Represents shares withheld for payment of tax liability arising as a result of the settlement of the PRSU award described in footnote 1, the partial settlement of five (5) restricted stock unit awards originally reported by the reporting person in a Form 3 filed with the Commission on August 4, 2023 and in Forms 4 filed with the Commission on September 25, 2023 and November 6, 2024, and the settlement of dividend equivalents accrued on the PRSU award described in footnote 1.