February 10, 2024 · Form 4 insider transaction
Martinez Maria sold 10,307 shares of Cisco Systems, Inc. at $50.13 per share, a transaction worth $516.7K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 3 days after the transaction.
Represents shares withheld for payment of tax liability arising as a result of the partial settlement of four (4) restricted stock unit awards originally reported by the reporting person in Forms 4 filed with the Commission on September 22, 2020, February 5, 2021, September 22, 2021 and October 13, 2022, and the partial settlement of dividend equivalents accrued on restricted stock units.; Includes 10,543 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.