Cisco (CSCO) SVP & Chief Accounting Officer Nichlas Fink Sells 1,205 Shares

What Happened

• Nichlas A. Fink, SVP and Chief Accounting Officer of Cisco Systems, had 1,205.004 shares disposed (withheld) to cover tax liabilities from a partial settlement of restricted stock units. The shares were recorded at $121.43 per share for a total value of $146,324 (transaction coded F — tax withholding). This is a routine withholding disposition, not an open-market sale.

Key Details

• Transaction date: 2026-08-10; filing date: 2026-08-12 (timely filing).
• Price: $121.43 per share; Shares disposed/withheld: 1,205.004; Total value: $146,324.
• Shares owned after the transaction: not disclosed in the provided filing.
• Footnote: The shares were withheld to pay tax liability from the partial settlement of three restricted stock unit (RSU) awards originally reported in the Form 3 filed May 26, 2026.
• Transaction code F indicates tax withholding rather than a voluntary market sale.

Context

• Tax-withholding dispositions of RSUs are routine and typically reflect payroll tax handling rather than a directional bet on the stock. This was a cashless/withholding settlement of RSUs — no open-market purchase or strategic sale was reported.