STOCK TITAN
  1. Home
  2. Sec-filings
  3. CSCO
  4. [Form 4] CISCO SYSTEMS, INC. Insider Trading Activity

Cisco (NASDAQ: CSCO) legal chief uses 4,069 shares to cover RSU taxes

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

Rhea-AI Filing Summary

Cisco Systems EVP and Chief Legal Officer Deborah L. Stahlkopf reported a routine share withholding tied to equity compensation. On the reported date, 4,069.39 shares of Cisco common stock were withheld at $96.57 per share to cover tax liabilities from the partial settlement of two restricted stock unit awards and related dividend equivalents. After this tax-withholding disposition, she directly owned 183,809.088 Cisco shares. Footnotes explain that additional dividend equivalents, each equal in value to one Cisco share, are accrued on both vested and unvested deferred restricted stock units and unvested restricted stock units.

Positive

  • None.

Negative

  • None.
Insider Stahlkopf Deborah L
Role EVP and Chief Legal Officer
Type Security Shares Price Value
Tax Withholding Common Stock 4,069.39 $96.57 $393K
Holdings After Transaction: Common Stock — 183,809.088 shares (Direct, null)
Footnotes (1)
  1. Represents shares withheld for payment of tax liability arising as a result of the partial settlement of two (2) restricted stock unit awards originally reported by the reporting person in Forms 4 filed with the Commission on September 25, 2023 and September 23, 2024, and the partial settlement of dividend equivalents accrued on the restricted stock unit awards. Includes 2,575.836 dividend equivalents accrued on vested deferred restricted stock units, 508.957 dividend equivalents accrued on unvested deferred restricted stock units and 3,323.998 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
Shares withheld for taxes 4,069.39 shares Tax-withholding disposition on common stock
Withholding price per share $96.57 per share Value used for tax-withholding shares
Shares owned after transaction 183,809.088 shares Direct Cisco common stock holdings post-transaction
Dividend equivalents on vested deferred RSUs 2,575.836 equivalents Each equivalent economically equals one Cisco share
Dividend equivalents on unvested deferred RSUs 508.957 equivalents Accrued on unvested deferred restricted stock units
Dividend equivalents on unvested RSUs 3,323.998 equivalents Accrued on unvested restricted stock units
restricted stock unit financial
"partial settlement of two (2) restricted stock unit awards originally reported by the reporting person"
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.
dividend equivalents financial
"partial settlement of dividend equivalents accrued on the restricted stock unit awards"
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.
vested deferred restricted stock units financial
"Includes 2,575.836 dividend equivalents accrued on vested deferred restricted stock units"
unvested deferred restricted stock units financial
"508.957 dividend equivalents accrued on unvested deferred restricted stock units"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP and Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/10/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/10/2026F4,069.39(1)D$96.57183,809.088(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares withheld for payment of tax liability arising as a result of the partial settlement of two (2) restricted stock unit awards originally reported by the reporting person in Forms 4 filed with the Commission on September 25, 2023 and September 23, 2024, and the partial settlement of dividend equivalents accrued on the restricted stock unit awards.
2. Includes 2,575.836 dividend equivalents accrued on vested deferred restricted stock units, 508.957 dividend equivalents accrued on unvested deferred restricted stock units and 3,323.998 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 Jay Higdon, Attorney-in-Fact05/12/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

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

Deborah L. Stahlkopf had 4,069.39 Cisco shares withheld to pay taxes. The withholding covered tax liabilities from the partial settlement of two restricted stock unit awards and related dividend equivalents, rather than an open-market sale of shares.

Was Deborah L. Stahlkopf’s Cisco (CSCO) Form 4 transaction a stock sale?

No, the Form 4 reports a tax-withholding disposition, not an open-market sale. Cisco withheld 4,069.39 common shares at $96.57 per share to satisfy tax obligations arising from partial settlement of restricted stock unit awards and their dividend equivalents.

How many Cisco (CSCO) shares does Deborah L. Stahlkopf hold after this Form 4?

After the reported tax withholding, Stahlkopf directly holds 183,809.088 Cisco shares. This position reflects her remaining common stock ownership following the 4,069.39-share withholding used to cover taxes on restricted stock unit settlements.

What price per share was used for the Cisco (CSCO) tax withholding?

The tax-withholding disposition used a price of $96.57 per Cisco share. At this price, 4,069.39 common shares were withheld to satisfy tax liabilities tied to partial settlement of restricted stock unit awards and associated dividend equivalents.

How do dividend equivalents affect Deborah L. Stahlkopf’s Cisco (CSCO) equity awards?

Dividend equivalents increase the value of Stahlkopf’s Cisco restricted stock units. Footnotes state 2,575.836 equivalents on vested deferred units, 508.957 on unvested deferred units, and 3,323.998 on unvested units, each economically equal to one share of Cisco common stock.