Cisco director awarded 274 deferred shares

Cisco director Kevin Weil received a deferred stock award in lieu of cash fees, increasing his direct and trust-held share positions.

Rhea-AI Filing Summary

CISCO SYSTEMS, INC. (symbol: CSCO) is the issuer of record for a Form 4 filing submitted to the SEC. Weil Kevin reported acquisition or exercise transactions in this Form 4 filing.

CISCO SYSTEMS, INC. director Kevin Weil reported an equity award of 274 shares of common stock on September 15, 2026, recorded as a fully vested deferred restricted stock unit grant in lieu of cash retainer fees at an assigned value of $110.07 per share. After this award, he holds 7,793.107 Cisco shares directly, including 131.107 dividend equivalents that are the economic equivalent of common shares, and 1,402.584 shares indirectly through a trust. The deferred units will settle in shares upon, or as soon as practicable after, his separation from service to Cisco under Section 409A of the Internal Revenue Code.

Insider Trade Summary

Grant/Award: 274 shares

Grant/Award 2 txns

Insider Weil Kevin

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1, F2	274	$110.07	$30K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 7,793.107 shares (Direct); Common Stock — 1,402.584 shares (Indirect, By Trust)

Footnotes (2)

1. F1. Represents a fully vested deferred restricted stock unit award covering shares in lieu of the reporting person's cash retainer fees which will settle in shares on, or as soon as practicable after, the reporting person's "separation from service" to Cisco within the meaning of Section 409A of the Internal Revenue Code.
2. F2. Includes 131.107 dividend equivalents accrued on vested deferred restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.

Key Figures

Deferred stock award: 274 shares Award value per share: $110.07 per share Direct holdings after transaction: 7,793.107 shares +2 more

5 metrics

Deferred stock award 274 shares Fully vested deferred restricted stock unit award in lieu of cash retainer fees on September 15, 2026

Award value per share $110.07 per share Assigned value for the 274-share deferred restricted stock unit grant

Direct holdings after transaction 7,793.107 shares Cisco common stock held directly by Kevin Weil after the award

Dividend equivalents included in direct holdings 131.107 equivalents Dividend equivalents accrued on vested deferred restricted stock units, each equal to one Cisco share

Indirect holdings by trust 1,402.584 shares Cisco common stock held indirectly by trust for Kevin Weil

Key Terms

deferred restricted stock unit, dividend equivalents, Section 409A of the Internal Revenue Code

3 terms

deferred restricted stock unit financial

"Represents a fully vested deferred restricted stock unit award covering shares"

dividend equivalents financial

"Includes 131.107 dividend equivalents accrued on vested deferred restricted"

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.

Section 409A of the Internal Revenue Code regulatory

"within the meaning of Section 409A of the Internal Revenue Code"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did CSCO director Kevin Weil report on this Form 4?

Kevin Weil reported a grant of 274 shares of Cisco common stock on September 15, 2026, as a fully vested deferred restricted stock unit award received in lieu of cash retainer fees, valued at $110.07 per share.

How many CSCO shares does Kevin Weil hold directly after this transaction?

After the reported award, Kevin Weil holds 7,793.107 Cisco common shares directly. This total includes 131.107 dividend equivalents accrued on vested deferred restricted stock units, each equivalent being the economic equivalent of one Cisco common share.

Does Kevin Weil have any indirect holdings of CSCO stock?

Yes. In addition to his direct holdings, Kevin Weil has 1,402.584 Cisco common shares held indirectly "By Trust". These are reported as indirect ownership on the Form 4.

What is the nature of the CSCO stock award reported for Kevin Weil?

The award is a fully vested deferred restricted stock unit grant covering shares in lieu of cash retainer fees. The units will settle in shares on, or as soon as practicable after, Kevin Weil’s separation from service to Cisco under Section 409A.

When will Kevin Weil receive CSCO shares from the deferred restricted stock units?

The deferred restricted stock units will settle in Cisco shares on, or as soon as practicable after, Kevin Weil’s separation from service to Cisco within the meaning of Section 409A of the Internal Revenue Code.

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

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Available on EDGAR 09/17/2026 - 04:40 PM Accepted by SEC EDGAR 09/17/2026 - 04:40 PM Learn about SEC filing dates

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^*

Weil Kevin

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

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	09/15/2026		A		274(1)	A	$110.07	7,793.107(2)	D
Common Stock								1,402.584	I	By Trust

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 fully vested deferred restricted stock unit award covering shares in lieu of the reporting person's cash retainer fees which will settle in shares on, or as soon as practicable after, the reporting person's "separation from service" to Cisco within the meaning of Section 409A of the Internal Revenue Code.

2. Includes 131.107 dividend equivalents accrued on vested deferred restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.

Remarks:

	/s/ Kevin Weil by Jeremy Erickson, Attorney-in-Fact	09/17/2026
	** 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)