Form 4: Cisco Executive Sells Shares for Tax Obligations

Cisco's SVP & Chief Accounting Officer, Maria Victoria Wong, disposed of 1,190.905 shares of common stock to cover tax liabilities from restricted stock unit awards.

Summary

• Maria Victoria Wong, SVP & Chief Accounting Officer of Cisco Systems, Inc. (CSCO), reported a transaction on February 10, 2026.
• The transaction involved the disposition of 1,190.905 shares of Cisco Common Stock at a price of $86.78 per share.
• These shares were withheld to satisfy tax liabilities arising from the partial settlement of three restricted stock unit (RSU) awards.
• Following this transaction, Maria Victoria Wong beneficially owns 31,036.668 shares of Cisco Common Stock directly.
• The RSU awards were previously reported in a Form 3 filed on August 4, 2023, and Forms 4 filed on September 25, 2023, and November 6, 2024.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a standard tax withholding transaction related to executive compensation, with no direct implications for company performance or future outlook.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to tax withholdings from RSU vesting, are common and generally not indicative of a change in company fundamentals or management's view on future performance. This is a standard practice for executives receiving equity compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction by an executive.

Key Dates

Keywords

Cisco Systems, CSCO, Form 4, Insider Transaction, Stock Sale, Restricted Stock Units, Tax Withholding, Maria Victoria Wong, Officer Transaction