Cisco executive reports tax-withholding share disposition

Rhea-AI Filing Summary

Cisco Systems, Inc. executive Jeetendra I. Patel, President and CPO, reported a Form 4 showing that on August 10, 2026, 9,400.369 shares of Cisco common stock were withheld to pay tax liability arising from the partial settlement of two restricted stock unit awards. After this tax-withholding transaction, Patel held 237,763.244 shares directly, plus 200 shares indirectly through a trust. The direct holdings figure includes 2,233.572 dividend equivalents on unvested restricted stock units, each equivalent to one share of Cisco common stock.

Insider Trade Summary

Tax Withholding: 9,400.369 shares

Tax Withholding 2 txns

Insider Patel Jeetendra I

Role President and CPO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1, F2	9,400.369	$121.43	$1.14M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 237,763.244 shares (Direct); Common Stock — 200 shares (Indirect, By Trust)

Footnotes (2)

1. F1. Represents shares withheld for payment of tax liability arising as a result the partial settlement of two (2) restricted stock unit awards originally reported by the reporting person in a Form 3 filed with the Commission on May 20, 2025.
2. F2. Includes 2,233.572 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 taxes: 9,400.369 shares Tax-withholding price: $121.43 per share Direct holdings after transaction: 237,763.244 shares +2 more

5 metrics

Shares withheld for taxes 9,400.369 shares Withheld on August 10, 2026 for tax liability on partial RSU settlement

Tax-withholding price $121.43 per share Value assigned to Cisco common stock for the August 10, 2026 withholding

Direct holdings after transaction 237,763.244 shares Cisco common stock directly owned by Jeetendra I. Patel after August 10, 2026

Indirect holdings after transaction 200 shares Cisco shares held indirectly by trust following the reported transaction

Dividend equivalents 2,233.572 equivalents Accrued on unvested RSUs; each equivalent equals one Cisco common share

Key Terms

restricted stock unit, dividend equivalents, withheld for payment of tax liability, indirect

4 terms

restricted stock unit financial

"partial settlement of two restricted stock unit awards originally reported"

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

"Includes 2,233.572 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.

withheld for payment of tax liability financial

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

indirect financial

"200.0000 shares reported as indirect ownership By Trust"

FAQ

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

What did Cisco (CSCO) executive Jeetendra Patel report in this Form 4?

Jeetendra I. Patel reported that 9,400.369 Cisco shares were withheld on August 10, 2026 to pay tax liability from the partial settlement of two restricted stock unit awards, with updated direct and indirect share holdings disclosed.

Was the Cisco (CSCO) Form 4 transaction a sale by Jeetendra Patel?

The Form 4 reports shares withheld for tax liability, not an open-market sale. On August 10, 2026, 9,400.369 shares were withheld in connection with RSU settlement to satisfy taxes, while Patel retained substantial direct and indirect Cisco share holdings.

How many Cisco (CSCO) shares does Jeetendra Patel hold after this Form 4 event?

After the August 10, 2026 withholding, Jeetendra I. Patel holds 237,763.244 Cisco shares directly and 200 shares indirectly through a trust. The direct holdings include 2,233.572 dividend equivalents on unvested restricted stock units, each equal to one Cisco share.

What price per share is associated with the Cisco (CSCO) tax-withholding transaction?

The shares withheld for tax liability are reported at $121.43 per share. In total, 9,400.369 Cisco shares were withheld on August 10, 2026 in connection with the partial settlement of two restricted stock unit awards originally reported in a prior filing.

What are the dividend equivalents mentioned in Cisco (CSCO) executive Jeetendra Patel’s holdings?

Patel’s direct holdings include 2,233.572 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is described as the economic equivalent of one Cisco common share, effectively tracking dividends that would have been paid on the underlying RSUs.

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

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Accepted by SEC EDGAR 08/12/2026 - 05:48 PM EDT 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^*

Patel Jeetendra I

(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)
	President and CPO

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		9,400.369(1)	D	$121.43	237,763.244(2)	D
Common Stock								200	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 shares withheld for payment of tax liability arising as a result the partial settlement of two (2) restricted stock unit awards originally reported by the reporting person in a Form 3 filed with the Commission on May 20, 2025.

2. Includes 2,233.572 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.

Remarks:

	/s/ Jeetendra I. Patel 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)