Form 4: Cisco EVP Sells Shares Under 10b5-1 Plan

Cisco's EVP of Global Sales, Oliver Tuszik, sold 13,353 shares of common stock for $79.21 per share on November 20, 2025, under a pre-arranged 10b5-1 plan.

Summary

• Oliver Tuszik, Executive Vice President of Global Sales at Cisco Systems, Inc. (CSCO), reported a sale of common stock.
• The transaction involved the disposition of 13,353 shares of Cisco common stock.
• The shares were sold at a price of $79.21 per share, totaling approximately $1,057,500.33.
• The sale occurred on November 20, 2025.
• This transaction was executed pursuant to a Rule 10b5-1 plan, which Mr. Tuszik adopted on June 20, 2025.
• Following this transaction, Mr. Tuszik beneficially owns 197,039.606 shares of Cisco common stock.
• The beneficial ownership includes 712.371 dividend equivalents accrued on unvested restricted stock units, with each equivalent to one share of Cisco common stock.

Sentiment

Score: 5

Explanation: A Form 4 filing reporting a sale under a pre-arranged 10b5-1 plan is generally considered a routine disclosure and does not inherently indicate positive or negative sentiment regarding the company's performance or outlook. It reflects personal financial planning by an insider.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction filing (Form 4) and does not provide specific context on broader industry trends or competitive landscape. It reflects an individual executive's pre-planned stock sale.

Stakeholder Impact

• Shareholders: Minimal direct impact. Routine insider sales under a 10b5-1 plan are generally not interpreted as a signal of management's view on future stock performance, as the plan is established in advance.

Key Dates

Keywords

Cisco Systems, CSCO, Insider Trading, Form 4, Stock Sale, Oliver Tuszik, 10b5-1 Plan, Executive Compensation