Form 4: Cisco Director Marianna Tessel Granted Stock Award

Cisco Systems Director Marianna Tessel received a grant of 3,481 shares of common stock, increasing her direct beneficial ownership to 36,516.857 shares.

Summary

• Marianna Tessel, a Director of Cisco Systems, Inc. (CSCO), acquired 3,481 shares of common stock.
• The transaction occurred on December 16, 2025, and the shares were acquired at a price of $0, indicating a stock award.
• These 3,481 shares were fully vested on the date of grant.
• Following this transaction, Marianna Tessel directly beneficially owns 36,516.857 shares of Cisco common stock.
• The total beneficial ownership includes 2,532.857 dividend equivalents accrued on vested deferred restricted stock units, each equivalent to one share of Cisco common stock.

Sentiment

Score: 7

Explanation: The filing reports a routine stock award to a director, which is a positive event for the individual and generally viewed as a neutral to slightly positive signal for the company as it aligns director interests with shareholders. No negative information is present.

Positives

• Director Marianna Tessel received a stock award of 3,481 shares, aligning her interests with shareholders.
• The award was fully vested on the date of grant, providing immediate ownership.
• Her total direct beneficial ownership in Cisco Systems, Inc. increased to 36,516.857 shares.

Future Outlook

NA

Industry Context

This is a routine insider transaction filing (Form 4) for a director receiving equity compensation, which is a common practice across publicly traded companies in the technology sector to align management and director interests with shareholders.

Related Party Transactions

• Marianna Tessel, a director of Cisco Systems, Inc., received a stock award of 3,481 shares of common stock from the company, which constitutes a related party transaction as part of her compensation.

Stakeholder Impact

• Shareholders may view the stock award to a director as a positive sign of continued alignment between management/board and shareholder interests.
• The transaction is part of standard director compensation and is unlikely to have a material impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Cisco Systems, CSCO, Marianna Tessel, stock award, insider transaction, director compensation, beneficial ownership, equity grant