February 10, 2024 · Form 4 insider transaction
Sharritts Jeffery S. sold 5,586 shares of Cisco Systems, Inc. at $50.13 per share, a transaction worth $280.0K. 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 three (3) restricted stock unit awards originally reported by the reporting person in a Form 3 filed with the Commission on May 5, 2022 and a restricted stock unit award originally reported by the reporting person in a Form 4 filed with the Commission on October 13, 2022, and the partial settlement of dividend equivalents accrued on a restricted stock unit award.; Includes 6,699 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.