STOCK TITAN

Charles Robbins now holds 1,306,585.086 CSCO shares after PRSU settle

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Cisco Systems (CSCO) disclosed a Form 4 for Chair and CEO Charles Robbins dated 11/10/2025. He acquired 959,689.987 shares of common stock at $0 from the settlement of performance-based RSU awards granted in 2022, which included dividend equivalents.

To satisfy tax obligations, 486,966.592 shares were withheld at $71.07. After these transactions, Robbins directly held 1,306,585.086 shares. Footnotes specify dividend equivalents accrued on both vested deferred and unvested RSUs.

Positive

  • None.

Negative

  • None.
Insider Robbins Charles
Role Chair and CEO
Type Security Shares Price Value
Grant/Award Common Stock 959,689.987 $0.00 --
Tax Withholding Common Stock 486,966.592 $71.07 $34.61M
Holdings After Transaction: Common Stock — 1,793,551.678 shares (Direct)
Footnotes (1)
  1. Represents settlement of two (2) performance-based restricted stock unit ("PRSU") awards granted on October 11, 2022 resulting from the satisfaction of performance metrics during the three-year performance period and dividend equivalents accrued on such awards. Includes 48,690.524 dividend equivalents accrued on vested deferred restricted stock units and 17,377.415 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock. Represents shares withheld for payment of tax liability arising as a result of the settlement of the PRSU awards described in footnote 1, the partial settlement of five (5) restricted stock unit awards originally reported by the reporting person in Forms 4 filed with the Commission on September 22, 2021, November 8, 2021, October 13, 2022, September 25, 2023 and September 23, 2024, the settlement of dividend equivalents accrued on the PRSU awards described in footnote 1, and the partial settlement of dividend equivalents accrued on the restricted stock unit awards. Includes 48,690.524 dividend equivalents accrued on vested deferred restricted stock units and 10,411.207 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Robbins Charles

(Last) (First) (Middle)
170 WEST TASMAN DRIVE

(Street)
SAN JOSE CA 95134

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CISCO SYSTEMS, INC. [ CSCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chair and CEO
3. Date of Earliest Transaction (Month/Day/Year)
11/10/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/10/2025 A 959,689.987(1) A $0 1,793,551.678(2) D
Common Stock 11/10/2025 F 486,966.592(3) D $71.07 1,306,585.086(4) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents settlement of two (2) performance-based restricted stock unit ("PRSU") awards granted on October 11, 2022 resulting from the satisfaction of performance metrics during the three-year performance period and dividend equivalents accrued on such awards.
2. Includes 48,690.524 dividend equivalents accrued on vested deferred restricted stock units and 17,377.415 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
3. Represents shares withheld for payment of tax liability arising as a result of the settlement of the PRSU awards described in footnote 1, the partial settlement of five (5) restricted stock unit awards originally reported by the reporting person in Forms 4 filed with the Commission on September 22, 2021, November 8, 2021, October 13, 2022, September 25, 2023 and September 23, 2024, the settlement of dividend equivalents accrued on the PRSU awards described in footnote 1, and the partial settlement of dividend equivalents accrued on the restricted stock unit awards.
4. Includes 48,690.524 dividend equivalents accrued on vested deferred restricted stock units and 10,411.207 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
Remarks:
/s/ Charles Robbins by Jeremy Erickson, Attorney-in-Fact 11/13/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did CSCO report for Charles Robbins?

On 11/10/2025, he acquired 959,689.987 shares at $0 from PRSU settlements and had 486,966.592 shares withheld for taxes at $71.07.

How many CSCO shares does Charles Robbins own after the transaction?

He directly owns 1,306,585.086 shares following the reported transactions.

What explains the share acquisition at $0 on the CSCO Form 4?

It reflects settlement of performance-based RSU awards granted on October 11, 2022, including dividend equivalents.

Why were 486,966.592 CSCO shares disposed of at $71.07?

These shares were withheld to cover tax liabilities from the settlement of PRSUs and partial RSU settlements, per the footnotes.

Do the reported amounts include dividend equivalents?

Yes. Footnotes state accrued dividend equivalents on both vested deferred and unvested RSUs were included in the settlements.