JOHNSON KRISTINA M 4
Research Summary
AI-generated summary
Cisco (CSCO) Director Kristina M. Johnson Receives 351-Share Award
What Happened
Kristina M. Johnson, a director of Cisco Systems (CSCO), received an award of 351 shares on June 15, 2026. The shares were granted at a reported price of $120.17 per share, for a total value of approximately $42,180. This award was issued in lieu of the director's cash retainer and was fully vested on the grant date.
Key Details
- Transaction type: Award/Grant (Code A).
- Transaction date: 2026-06-15; Filing date: 2026-06-16 (timely filing).
- Price reported: $120.17 per share; Total value: ~$42,180.
- Shares received: 351 shares, fully vested on grant (footnote F1).
- Footnote F2: Filing references 10,947.699 dividend equivalents accrued on vested deferred restricted stock units; each dividend equivalent represents the economic equivalent of one Cisco share.
- Beneficial ownership after the transaction is not specified in the provided excerpt.
- No 10b5-1 plan, tax-withholding sale, or late-filing flag noted in the supplied details.
Context
This was a compensation-related grant (shares in lieu of a cash retainer) and not an open-market purchase or sale. Such grants to directors are common and typically reflect routine compensation rather than a direct buy/sell signal about the stock.