Cisco EVP Withholds Shares to Cover Tax Liability from RSU Awards

Cisco Systems' EVP of Operations, Subaiya Thimaya K., has reported withholding 7,646.068 shares of common stock to cover tax liability arising from the partial settlement of three restricted stock unit awards and related dividend equivalents. This transaction occurred on August 10, 2026, at a price of $121.43 per share, resulting in a total value of $928K.

The withheld shares were part of a code F transaction, which indicates that the shares were held back to pay tax liability rather than being sold in the market. Following this transaction, EVP Subaiya Thimaya K. directly holds 134,214.183 shares of Cisco common stock, including 3,517.977 dividend equivalents on unvested restricted stock units.