Form 4: Cisco SVP Maria Victoria Wong Reports Stock Disposal for Tax Obligations

Maria Victoria Wong, SVP & Chief Accounting Officer of Cisco Systems, Inc., reported disposing of 1,867 shares of common stock to cover tax liabilities arising from the settlement of restricted stock units.

Summary

• On May 10, 2025, Maria Victoria Wong, SVP & Chief Accounting Officer of Cisco Systems, Inc., disposed of 1,867 shares of Cisco common stock.
• The shares were withheld for payment of tax liability arising from the partial settlement of restricted stock unit awards.
• The transaction was executed at a price of $59.77 per share.
• Following the transaction, Wong directly owns 42,288 shares of Cisco common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations related to equity compensation.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.

Key Dates

Keywords

Form 4, Cisco, Stock Disposal, Maria Victoria Wong, Restricted Stock Units, Tax Liability, CSCO