Form 4: Cisco EVP Oliver Tuszik's RSU Tax Withholding

Cisco Systems EVP of Global Sales, Oliver Tuszik, reported the withholding of 4,612.31 shares of common stock for tax liabilities related to restricted stock unit awards.

Summary

• Oliver Tuszik, Cisco's EVP of Global Sales, reported a transaction on August 10, 2025.
• The transaction involved the disposition of 4,612.31 shares of Cisco common stock at a price of $71.79 per share.
• These shares were withheld to cover tax liabilities arising from the partial settlement of five restricted stock unit (RSU) awards.
• The RSU awards were originally reported in a Form 3/A filed with the Commission on May 23, 2025.
• Following this transaction, Tuszik directly beneficially owns 156,615.69 shares of Cisco common stock.
• This total includes 184 dividend equivalents accrued on unvested restricted stock units, each equivalent to one share of Cisco common stock.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction (tax withholding) related to executive compensation, which has a neutral impact on the company's operational or financial performance.

Stakeholder Impact

• Minimal direct impact on shareholders as it's a routine tax-related transaction for executive compensation.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Cisco Systems, CSCO, Form 4, Insider Transaction, Restricted Stock Units, RSU, Tax Withholding, Executive Compensation, Oliver Tuszik