[144] Cisco Systems, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice for Cisco Systems, Inc. (CSCO) reporting a proposed sale of 2,718 common shares with an aggregate market value of $185,177.34. The shares are listed outstanding at 3,953,196,953 and the proposed sale is scheduled for 09/11/2025 on NASDAQ. The securities were acquired on 09/10/2025 as RSUs and dividend-equivalent shares from the issuer, with payment noted on 09/10/2025. The filing shows two prior sales in the past three months under a 10b5-1 plan by Deborah Stahlkopf: 9,783 shares on 08/15/2025 for $651,568.34 and 290 shares on 06/12/2025 for $18,638.30. Several filing contact and issuer address fields are blank in the provided text.

Positive

• Timely disclosure of proposed sale under Form 144
• Prior 10b5-1 sales indicate use of structured plans for insider liquidity

Negative

• None.

Insights

Securities Analyst

TL;DR: Small planned sale of newly acquired RSUs; prior 10b5-1 activity suggests routine insider liquidity rather than a material corporate event.

The proposed sale of 2,718 shares valued at $185,177.34 represents an immaterial fraction of the 3,953,196,953 shares outstanding (approximately 0.00007%). The securities were acquired the day before the intended sale as RSUs and dividend-equivalent shares, and the filer declares no undisclosed material adverse information. Recent 10b5-1 sales by a named insider total 10,073 shares across June and August 2025, indicating ongoing pre-arranged selling activity. Overall, this filing documents routine insider liquidity rather than a change in corporate fundamentals.

Corporate Governance Expert

TL;DR: Filing appears procedurally compliant; use of RSU issuance followed by timely Form 144 suggests standard insider disposition practices.

The notice reports acquisition by RSU issuance on 09/10/2025 and a proposed sale on 09/11/2025, consistent with insiders selling vested equity. The presence of 10b5-1 sales in the prior three months demonstrates reliance on pre-arranged plans for some dispositions. Several contact and issuer fields in the provided content are incomplete, which limits review of procedural details but does not by itself indicate noncompliance. This is a routine governance disclosure with limited investor impact.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2718	185177.34	3953196953	09/11/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/10/2025	RSUs & Dividend-Equivalent Shares from RSUs	Issuer			2718	09/10/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales Plan for DEBORAH STAHLKOPF 170 West Tasman Drive San Jose CA 95134	Common	08/15/2025	9783	651568.34
10b5-1 Sales Plan for DEBORAH STAHLKOPF 170 West Tasman Drive San Jose CA 95134	Common	06/12/2025	290	18638.30

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What shares does the Form 144 for CSCO cover?

The notice covers 2,718 common shares proposed for sale on 09/11/2025 on NASDAQ.

How much is the aggregate market value of the shares to be sold?

The aggregate market value is reported as $185,177.34.

When and how were the securities acquired?

The securities were acquired on 09/10/2025 as RSUs and dividend-equivalent shares from the issuer, with payment dated 09/10/2025.

Were there any sales by the seller in the past three months?

Yes. Under a 10b5-1 plan for Deborah Stahlkopf, 9,783 shares were sold on 08/15/2025 for $651,568.34 and 290 shares were sold on 06/12/2025 for $18,638.30.

How material is this sale relative to outstanding shares?

The sale of 2,718 shares is immaterial versus 3,953,196,953 shares outstanding (approximately 0.00007% of outstanding shares).