Cisco Systems (CSCO) EVP withholds 7.6K shares to cover tax on RSUs

Rhea-AI Filing Summary

Cisco Systems executive Subaiya Thimaya K., EVP, Operations, reported a code F transaction involving Cisco common stock. On 2026-08-10, 7,646.068 shares were withheld to pay tax liability arising from the partial settlement of three restricted stock unit awards and related dividend equivalents. Following this withholding, the executive directly holds 134,214.183 shares of Cisco common stock, which include 3,517.977 dividend equivalents accrued on unvested restricted stock units, with each dividend equivalent economically equivalent to one Cisco share.

Insider Trade Summary

Net Seller: 7,646.068 shares

Net Sell 1 txn

Insider Subaiya Thimaya K.

Role EVP, Operations

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1, F2	7,646.068	$121.43	$928K

Holdings After Transaction: Common Stock — 134,214.183 shares (Direct)

Footnotes (2)

1. F1. Represents shares withheld for payment of tax liability arising as a result of partial settlement of three (3) restricted stock unit awards originally reported by the reporting person in a Form 3 filed with the Commission on March 14, 2024 and in a Form 4 filed with the Commission on September 23, 2024, and the partial settlement of dividend equivalents accrued on a restricted stock unit award.
2. F2. Includes 3,517.977 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.

Key Figures

Shares withheld for tax liability: 7,646.068 shares Withholding price per share: $121.4300 per share Shares held after transaction: 134,214.183 shares +1 more

4 metrics

Shares withheld for tax liability 7,646.068 shares Common stock withheld on 2026-08-10 for tax liability on RSU settlement

Withholding price per share $121.4300 per share Price used for tax-withholding disposition of 7,646.068 shares

Shares held after transaction 134,214.183 shares Direct Cisco common stock holdings following the 2026-08-10 transaction

Dividend equivalents included 3,517.977 dividend equivalents Dividend equivalents on unvested RSUs included in post-transaction holdings

Key Terms

dividend equivalents, restricted stock unit, tax liability

3 terms

dividend equivalents financial

"Includes 3,517.977 dividend equivalents accrued on unvested restricted stock units."

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

restricted stock unit financial

"Represents shares withheld for payment of tax liability arising as a result of partial settlement of three (3) restricted stock unit awards."

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

tax liability financial

"Represents shares withheld for payment of tax liability arising as a result of partial settlement."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/12/2026 - 05:41 PM Accepted by SEC EDGAR 08/12/2026 - 05:40 PM Learn about SEC filing dates

FAQ

What insider transaction did Cisco (CSCO) report for EVP Subaiya Thimaya K.?

Cisco reported that EVP, Operations Subaiya Thimaya K. had 7,646.068 shares of common stock withheld on 2026-08-10 to pay tax liability from partial settlement of restricted stock unit awards and related dividend equivalents.

Was the Cisco (CSCO) insider Form 4 a market sale or tax withholding?

The Form 4 shows a code F transaction, meaning shares were withheld to pay tax liability, not an open-market sale. The 7,646.068 shares relate to partial settlement of restricted stock units and associated dividend equivalents.

How many Cisco (CSCO) shares does EVP Subaiya Thimaya K. hold after this Form 4?

After the reported tax-withholding transaction, EVP Subaiya Thimaya K. directly holds 134,214.183 shares of Cisco common stock, including 3,517.977 dividend equivalents on unvested restricted stock units, each economically equivalent to one share.

What does the 7,646.068-share transaction on Cisco (CSCO) Form 4 represent?

The 7,646.068 shares represent stock withheld at $121.43 per share for payment of tax liability triggered by partial settlement of three restricted stock unit awards and accrued dividend equivalents, rather than a discretionary sale in the market.

How are dividend equivalents reported in this Cisco (CSCO) insider filing?

The filing states that post-transaction holdings include 3,517.977 dividend equivalents on unvested restricted stock units. Each dividend equivalent is described as the economic equivalent of one share of Cisco common stock, and they are counted within total holdings.

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^*

Subaiya Thimaya K.

(Last) (First) (Middle)

170 WEST TASMAN DRIVE

(Street)

SAN JOSE CALIFORNIA 95134

(City) (State) (Zip)

UNITED STATES

(Country)

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, Operations

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	08/10/2026		F		7,646.068(1)	D	$121.43	134,214.183(2)	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 shares withheld for payment of tax liability arising as a result of partial settlement of three (3) restricted stock unit awards originally reported by the reporting person in a Form 3 filed with the Commission on March 14, 2024 and in a Form 4 filed with the Commission on September 23, 2024, and the partial settlement of dividend equivalents accrued on a restricted stock unit award.

2. Includes 3,517.977 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.

Remarks:

	/s/ Thimaya K. Subaiya by Jay Higdon, Attorney-in-Fact	08/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)