Cisco EVP Oliver Tuszik Sells $310K in Company Stock Amid Declining Share Price
Cisco EVP Oliver Tuszik has sold $310,389 in company stock. The Executive Vice President of Global Sales at Cisco Systems, Inc., made the sale on August 14, 2026, by disposing of 2,760 shares of common stock at a price of $112.46 each.
This transaction was executed as part of a Rule 10b5-1 trading plan that Tuszik adopted on December 17, 2025. Following the sale, he beneficially owns approximately 165,276.363 shares of Cisco common stock.
The sale comes amidst declining share price for Cisco, with the company's stock currently trading at $112.90, down 6.25% over the past week despite a remarkable 72% gain over the past year. According to InvestingPro analysis, the stock appears overvalued relative to its Fair Value, placing it among companies on the Most Overvalued list.