November 21, 2025 · Form 4 insider transaction
Robbins Charles sold 6,013 shares of Cisco Systems, Inc. at $76.10 per share, a transaction worth $457.6K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 3 days after the transaction.
This transaction involved the withholding of 6,013.084 shares of stock issuable upon the early vesting of an equal number of restricted stock units and dividend equivalents on the restricted stock units to pay taxes associated with the reporting person becoming retirement eligible.; Includes 48,690.524 dividend equivalents accrued on vested deferred restricted stock units and 10,218.123 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.