Wong Maria Victoria 4

What Happened

• Maria Victoria Wong, SVP & Chief Accounting Officer at Cisco Systems (CSCO), disposed of a total of 849.925 shares in two transactions for about $65,506. On 2026-03-10 she had 298.925 shares withheld to cover tax liability from a partial settlement of restricted stock units at $76.21 per share (value $22,781). On 2026-03-11 she sold 551 shares in an open-market transaction at $77.54 per share (value $42,725). Both transactions are sales (not purchases).

Key Details

• Transaction dates and prices:
  • 2026-03-10: 298.925 shares withheld at $76.21 (tax withholding) — $22,781.
  • 2026-03-11: 551 shares sold open-market at $77.54 under a Rule 10b5-1 plan — $42,725.
• Total disposed: 849.925 shares for ~$65,506.
• Shares owned after transaction: not disclosed in this Form 4 filing.
• Footnotes:
  • F1: Shares withheld to satisfy tax liability from partial settlement of RSUs originally reported on Form 3 (Aug 4, 2023).
  • F2: The open-market sale was effected under a Rule 10b5-1 trading plan adopted Feb 26, 2025.
• Filing timeliness: Form 4 filed on 2026-03-12; no late filing is indicated.

Context

• The 2026-03-10 transaction was a tax-withholding for RSUs (routine and not an active market sell decision). The 2026-03-11 sale was executed under a pre-arranged 10b5-1 plan, which schedules trades in advance and can limit interpretation of the sale as a change in insider sentiment. For retail investors: these are routine insider sales of modest size (~$65.5K) and do not necessarily signal company-specific conviction.