Tuszik Oliver 4

What Happened

• Oliver Tuszik, Executive Vice President, Global Sales at Cisco Systems (CSCO), had 3,695.237 shares withheld to satisfy tax withholding related to a partial settlement of restricted stock units. The withholding was executed on 2026-02-10 at $86.78 per share for a total value of $320,673.
• The transaction is a tax-withholding disposition (not an open-market sale) arising from the partial settlement of four restricted stock unit awards.

Key Details

• Transaction date: 2026-02-10; Filing date: 2026-02-11 (timely filed).
• Disposed/withheld: 3,695.237 shares at $86.78 per share; total value $320,673.
• Transaction code: F — payment of exercise price or tax liability (share withholding).
• Footnotes: F1 — withholding relates to partial settlement of 4 RSU awards originally reported in a Form 3/A on May 23, 2025; F2 — the amount includes 1,221.059 dividend equivalents accrued on unvested RSUs (each dividend equivalent equals one share economically).
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• This was a routine tax-withholding action tied to RSU vesting (cashless settlement), not a voluntary sale on the open market; such withholdings are standard and generally do not signal insider buying/selling intent.
• Dividend equivalents are payments that mirror share dividends and can be settled in stock; they do not by themselves indicate a change in conviction about the company.