Cisco Systems EVP, Global Sales Oliver Tuszik Disposes Shares via Tax Withholding & 10b5-1 Plan
CISCO SYSTEMS, INC.
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Filing Summary
š Cisco Systems, Inc. ($CSCO) š¤ Oliver Tuszik (EVP, Global Sales)
Transactions Reported: ā¢ Tax Withholding (F): 1,259.692 shares @ $109.43 ($137,848.10) on 2026-09-10 ā¢ Open Market Sale (S - 10b5-1): 680 shares @ $110.18 ($74,922.40) on 2026-09-14
Total Value: ~$212,770.50 Remaining Holdings: 163,336.671 shares Significance: Low (Routine tax withholding & pre-planned Rule 10b5-1 sale)
Comprehensive Analysis
Executive Summary
On September 14, 2026, Cisco Systems, Inc. ($CSCO) filed a Form 4 reporting transactions by Oliver Tuszik, Executive Vice President of Global Sales. The filing covers two dispositions totaling approximately 1,939.69 shares:
- Tax Withholding (Code F): 1,259.692 shares disposed on September 10, 2026, at $109.43 per share (~$137,848.10) to cover tax obligations from vesting restricted stock units.
- Open Market Sale (Code S): 680 shares sold on September 14, 2026, at $110.18 per share (~$74,922.40) under a pre-established Rule 10b5-1 trading plan adopted on December 17, 2025.
Transaction Breakdown
- Security: Common Stock
- Total Transacted Shares: 1,939.692
- Aggregate Consideration: $212,770.50
- Ending Direct Holdings: 163,336.671 shares (includes 1,656.454 dividend equivalents accrued on unvested RSUs)
Significance & Market Impact
The trading significance of this filing is categorized as Low. The disposition consists of routine share withholding for taxes and a modest open-market disposition executed pursuant to a pre-arranged Rule 10b5-1 trading plan. The total shares sold represent a very minor fraction (~1.17%) of the insider's overall beneficial holdings.
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