Form 4: Cisco EVP Deborah Stahlkopf Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
EVP and Chief Legal Officer of Cisco, Deborah Stahlkopf, reports disposing of shares to cover tax liabilities from restricted stock unit settlements.
Summary
- Deborah L. Stahlkopf, EVP and Chief Legal Officer of Cisco Systems, Inc., filed a Form 4 on February 12, 2025, reporting a transaction on February 10, 2025.
- The transaction involved the disposal of 4,105 shares of Cisco common stock at a price of $62.27.
- These shares were withheld for payment of tax liability arising from the settlement of restricted stock units and dividend equivalents.
- Following the transaction, Stahlkopf beneficially owns 211,999 shares of Cisco common stock, which includes dividend equivalents.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a routine transaction related to tax obligations.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| September 22, 2021 | Date of original Form 4 filing for restricted stock unit awards. |
| October 13, 2022 | Date of original Form 4 filing for restricted stock unit awards. |
| September 25, 2023 | Date of original Form 4 filing for restricted stock unit awards. |
| February 10, 2025 | Date of transaction: Disposal of shares for tax liability. |
| February 12, 2025 | Date of Form 4 filing. |
Keywords
Form 4, Cisco, Stock Disposal, Deborah Stahlkopf, Restricted Stock Units, Tax Liability, Beneficial Ownership
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