Cisco CEO Withholds Shares to Cover Tax Liabilities on RSU Awards

Cisco Systems CEO Charles Robbins has taken steps to cover tax liabilities associated with restricted stock unit awards. On August 10, 2026, Robbins reported a Form 4 transaction involving 15,655.948 shares of Cisco common stock.

The shares were withheld at a value of $121.43 per share, resulting in a total withholding amount of approximately $1.9 million. This tax-withholding event occurred due to the partial settlement of two restricted stock unit awards and associated dividend equivalents.

After the transaction, Robbins directly holds 624,337.850 shares of Cisco common stock, including 52,788.293 dividend equivalents on vested deferred restricted stock units and 9,442.330 dividend equivalents on unvested restricted stock units.