Stahlkopf Deborah L 4
Research Summary
AI-generated summary
Cisco (CSCO) EVP Deborah Stahlkopf Withholds 2,624 Shares for Taxes
What Happened
Deborah L. Stahlkopf, EVP and Chief Legal Officer of Cisco Systems (CSCO), had 2,623.614 shares withheld to satisfy tax liability related to the partial settlement of restricted stock unit (RSU) awards and associated dividend equivalents. The shares were valued at $86.78 each, for a total of $227,677. This was a tax-withholding disposition (routine), not an open-market sale.
Key Details
- Transaction date: 2026-02-10; filing date: 2026-02-11 (timely filing).
- Action/code: F — shares withheld to pay tax liability.
- Shares withheld/disposed: 2,623.614 at $86.78 per share; total value reported $227,677.
- Shares owned after transaction: not disclosed in the provided summary.
- Footnote F1: Withholding arises from partial settlement of two RSU awards (originally reported Sep 25, 2023 and Sep 23, 2024) and partial settlement of accrued dividend equivalents.
- Footnote F2: Dividend equivalents included: 2,170.952 on vested deferred RSUs, 714.019 on unvested deferred RSUs, and 3,295.315 on unvested RSUs (each DE equals the economic equivalent of one Cisco share).
Context
This was a routine tax-withholding event tied to RSU settlements and dividend equivalents (not a market sell). Such withholdings are common when equity awards vest and do not, by themselves, indicate the insider’s view on the company’s prospects.