Cisco (NASDAQ: CSCO) legal chief sells 7,981 shares under 10b5-1 plan

Rhea-AI Filing Summary

Cisco Systems EVP and Chief Legal Officer Deborah L. Stahlkopf sold 7,981 shares of Cisco common stock in an open‑market transaction on March 17, 2026 at a weighted average price of $79.503 per share, with individual trades between $79.02 and $80.01.

The sale was executed under a pre‑arranged Rule 10b5‑1 trading plan adopted on December 16, 2025. After this transaction, she directly holds 187,096.969 shares, including dividend equivalents economically equivalent to 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).

X

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^*

Stahlkopf Deborah L

(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 and Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

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	03/17/2026		S(1)		7,981	D	$79.503(2)	187,096.969(3)	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. This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 16, 2025.

2. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $79.02 to $80.01. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

3. Includes 2,170.952 dividend equivalents accrued on vested deferred restricted stock units, 714.019 dividend equivalents accrued on unvested deferred restricted stock units and 3,295.315 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.

Remarks:

	/s/ Deborah L. Stahlkopf by Jeremy Erickson, Attorney-in-Fact	03/19/2026
	** 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)

FAQ

What insider transaction did Cisco (CSCO) report for Deborah L. Stahlkopf?

Cisco reported that EVP and Chief Legal Officer Deborah L. Stahlkopf sold 7,981 shares of common stock. The shares were sold in open‑market trades at a weighted average price of $79.503, with individual sale prices ranging from $79.02 to $80.01.

Was the CSCO insider sale by Deborah Stahlkopf under a Rule 10b5-1 plan?

Yes, the sale by Deborah L. Stahlkopf was executed pursuant to a Rule 10b5‑1 trading plan. The plan was adopted on December 16, 2025, indicating the transaction was pre‑scheduled rather than a discretionary, opportunistic trade based on short‑term market movements.

How many Cisco (CSCO) shares did Deborah Stahlkopf retain after the sale?

After the transaction, Deborah L. Stahlkopf beneficially owned 187,096.969 Cisco shares directly. This figure includes thousands of dividend equivalents accrued on various restricted stock units, each dividend equivalent being the economic equivalent of one share of Cisco common stock.

At what prices were Deborah Stahlkopf’s Cisco (CSCO) shares sold?

The shares were sold at a weighted average price of $79.503 per share. Individual transactions occurred across multiple trades, with sale prices ranging from $79.02 to $80.01, reflecting execution across a narrow intraday trading range in Cisco’s common stock.

What are the dividend equivalents mentioned in Deborah Stahlkopf’s CSCO holdings?

Her reported holdings include dividend equivalents accrued on vested and unvested deferred restricted stock units and restricted stock units. Each dividend equivalent is economically equal to one share of Cisco common stock, effectively increasing her exposure beyond the original granted share counts.