Cisco (CSCO) Director Marianna Tessel Receives 274-Share Award

What Happened
Marianna Tessel, a director of Cisco Systems, received an award of 274 shares on September 15, 2026. The grant is reported at $110.07 per share, for a total value of $30,159. This was an award/grant (transaction code A) issued in lieu of cash retainer fees and was fully vested on the grant date — i.e., not a market purchase or sale.

Key Details

• Transaction date: 2026-09-15; Price reported: $110.07 per share; Total reported value: $30,159.
• Transaction type: A (award/grant) — shares issued as compensation, fully vested on grant date (Footnote F1).
• Shares owned after transaction: Not specified in the details provided in this summary (see the Form 4 for current holdings).
• Footnote F2 notes the filing includes 2,938.572 dividend equivalents accrued on vested deferred restricted stock units; each dividend equivalent equals the economic equivalent of one Cisco share.
• Filing timing: Reported on 2026-09-17 for a 2026-09-15 transaction — filed within the usual two-business-day window (timely).

Context
This was a compensation stock award (shares in lieu of director cash retainer) and not an open-market purchase or sale, so it should be viewed as routine compensation rather than a direct signal of the director’s market view. For complete ownership, withholding or plan details, consult the full Form 4 filing (accession 0001784171-26-000005).