Cisco EVP Receives 69,613-Share RSU Grant

Cisco Systems (NASDAQ: CSCO) has announced that its EVP of Global Sales, Oliver Tuszik, received a grant of 69,613 restricted stock units (RSUs) on September 16, 2026. The award is part of the company's compensation package for top executives and vests in installments over time.

The RSU grant increases Tuszik's direct holdings in CSCO shares to 232,949.671. The vesting schedule requires 34% of the shares to vest on November 10, 2027, with an additional 8.25% vesting quarterly thereafter.

The transaction is classified as a grant or award acquisition and has no reported price per share. This move highlights Cisco's efforts to motivate and reward its top sales executives through equity-based compensation.