Summary by Futu AI
On December 9, 2024, Daniel H. Schulman, an executive at Cisco, was granted 4,156 shares of Common Stock at $0 per share. This transaction was reported as a direct acquisition, classified under the transaction code 'A' for grant, award, or other acquisition.Following this transaction, Schulman's total beneficial ownership of Cisco's Common Stock increased to 10,191 shares held directly. The grant was part of the company's equity compensation program, likely tied to executive performance or retention initiatives.This transaction has been marked as completed, with all shares successfully transferred to Schulman's direct ownership. No disposals of shares were reported in this filing, indicating a net increase in the executive's stake in the company.