STOCK TITAN

CSCO Form 4: 89,646 RSUs Granted to EVP & CFO Mark Patterson

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Mark Patterson, listed as Executive Vice President and Chief Financial Officer of Cisco Systems, received a grant of 89,646 restricted stock units on 09/16/2025 at a reported price of $0. After the award, the filing shows beneficial ownership of 247,514.086 shares. The RSUs vest in installments: 34% vest on November 10, 2026 and 8.25% vest quarterly thereafter. The Form 4 was signed on behalf of Mr. Patterson by an attorney-in-fact on 09/18/2025. This filing discloses a routine equity award to an officer with a defined vesting schedule.

Positive

  • 89,646 restricted stock units were granted to the reporting person on 09/16/2025
  • Clear vesting schedule: 34% vest on November 10, 2026 and 8.25% vest quarterly thereafter
  • Filing discloses beneficial ownership after the transaction as 247,514.086 shares

Negative

  • None.

Insights

TL;DR: Officer granted 89,646 RSUs; standard vesting schedule, no cash consideration reported.

The filing documents a non‑derivative equity award to Cisco's EVP & CFO with no purchase price indicated, consistent with a restricted stock unit grant. The award increases the reporting person's beneficial holdings to 247,514.086 shares and vests 34% on a specified date followed by quarterly vesting of 8.25%. This appears to be a compensation-related equity grant rather than a market transaction, and the immediate disclosure meets Section 16 reporting requirements.

TL;DR: Routine executive RSU grant disclosed with clear vesting timetable and proper Section 16 reporting.

The Form 4 specifies the nature of the award as restricted stock units and provides a clear vesting schedule, which is important for assessing executive incentive alignment and timing of potential share issuance. The signature by an attorney-in-fact on 09/18/2025 indicates timely procedural completion of the filing. No additional governance concerns or deviations are apparent from the disclosed information alone.

Insider Patterson Mark
Role EVP and CFO
Type Security Shares Price Value
Grant/Award Common Stock 89,646 $0.00 --
Holdings After Transaction: Common Stock — 247,514.086 shares (Direct)
Footnotes (1)
  1. [object Object]
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).
1. Name and Address of Reporting Person*
Patterson Mark

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP and CFO
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025
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 09/16/2025 A 89,646(1) A $0 247,514.086 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 a restricted stock unit award that vests in installments, with thirty-four percent (34%) of the shares vesting on November 10, 2026 and eight-and-one-quarter percent (8.25%) of the shares vesting quarterly thereafter.
Remarks:
/s/ Mark Patterson by Jay Higdon, Attorney-in-Fact 09/18/2025
** 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 transaction did Mark Patterson report on the Form 4 for CSCO?

The Form 4 reports a grant of 89,646 restricted stock units to Mark Patterson on 09/16/2025.

What is the vesting schedule for the RSUs reported on the CSCO Form 4?

The RSUs vest 34% on November 10, 2026 and then 8.25% quarterly thereafter.

How many shares does the reporting person beneficially own after the reported transaction?

The filing shows beneficial ownership of 247,514.086 shares following the transaction.

Was there a purchase price for the RSU award reported?

The transaction is reported with a price of $0, indicating a grant rather than a purchase.

When was the Form 4 signed and filed?

The signature block shows the form was signed by an attorney-in-fact on 09/18/2025.