Tuszik Oliver 4
4 · CISCO SYSTEMS, INC. · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
Cisco (CSCO) EVP Oliver Tuszik Sells 3,132 Shares
What Happened
Oliver Tuszik, Executive Vice President, Global Sales at Cisco Systems (CSCO), sold 3,132 shares in an open‑market transaction on March 18, 2026 at $79.74 per share, for proceeds of approximately $249,746. This was a sale (not a purchase) and was executed pursuant to a prearranged trading plan.
Key Details
- Transaction date: 2026-03-18; Price: $79.74 per share; Shares sold: 3,132; Proceeds ≈ $249,746.
- Filing date: 2026-03-19 (filed one day after the trade) — appears to be timely under Form 4 rules.
- Shares owned after transaction: Not disclosed in the information provided with this summary.
- Footnotes of note:
- F1: The sale was effected pursuant to a Rule 10b5‑1 trading plan adopted by Tuszik on December 17, 2025.
- F2: The filing notes inclusion of 1,221.059 dividend equivalents accrued on unvested restricted stock units (each dividend equivalent is economically equivalent to one share).
Context
Sales made under a 10b5‑1 plan are preplanned and generally viewed as routine dispositions rather than a direct signal of the insider’s view on the company. This transaction is a straightforward open‑market sale of vested/equivalent shares; there is no indication in the filing of option exercises, gifts, or other derivative transactions.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-18$79.74/sh−3,132$249,746→ 188,612.992 total
Footnotes (2)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 17, 2025.
- [F2]Includes 1,221.059 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.