Form 4: Cisco SVP Disposes Shares for Tax Liability
Insider Transaction Report
Cisco's SVP & Chief Accounting Officer, Maria Victoria Wong, disposed of 2,306.83 shares of common stock at $71.79 per share to cover tax liabilities from restricted stock unit awards.
Summary
- Maria Victoria Wong, SVP & Chief Accounting Officer of Cisco Systems, Inc. (CSCO), reported a disposition of common stock.
- On August 10, 2025, 2,306.83 shares of Cisco common stock were disposed of at a price of $71.79 per share.
- This disposition was specifically for the payment of tax liability resulting from the partial settlement of five restricted stock unit (RSU) awards.
- Following this transaction, Maria Victoria Wong directly beneficially owns 35,105.17 shares of Cisco common stock.
- The RSU awards were previously reported in a Form 3 filed on August 4, 2023, and a Form 4 filed on September 25, 2023.
Sentiment
Score: 5
Explanation: The transaction is a routine tax withholding related to RSU vesting, which is a neutral event and part of standard executive compensation practices. It does not indicate positive or negative sentiment about the company's performance or outlook.
Stakeholder Impact
- Minimal direct impact on shareholders as this is a routine, non-discretionary transaction for tax purposes related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| August 4, 2023 | Date of original Form 3 filing reporting RSU awards. |
| September 25, 2023 | Date of original Form 4 filing reporting RSU awards. |
| August 10, 2025 | Date of common stock disposition for tax liability. |
| August 12, 2025 | Date of Form 4 filing. |
Keywords
Cisco Systems, CSCO, Form 4, Insider Transaction, Restricted Stock Units, RSU, Tax Withholding, Maria Victoria Wong, Officer Transaction, Equity Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.