Cisco (NASDAQ: CSCO) director gets 351-share fully vested stock award

Rhea-AI Filing Summary

JOHNSON KRISTINA M reported acquisition or exercise transactions in this Form 4 filing.

Cisco Systems director Kristina M. Johnson received a stock award of 351 shares of common stock on June 15, 2026. The award was granted in lieu of her cash retainer fees and was fully vested on the grant date. Following this grant, she directly holds a total of 62,995.699 Cisco shares, which include 10,947.699 dividend equivalents accrued on vested deferred restricted stock units, with each dividend equivalent economically equal to one Cisco common share.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider JOHNSON KRISTINA M

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	351	$120.17	$42K

Holdings After Transaction: Common Stock — 62,995.699 shares (Direct, null)

Footnotes (1)

1. Represents a stock award covering shares in lieu of the reporting person's cash retainer fees, which is fully vested on the date of grant. Includes 10,947.699 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

Stock award size: 351 shares Grant valuation price: $120.17 per share Total shares after grant: 62,995.699 shares +1 more

4 metrics

Stock award size 351 shares Common stock grant in lieu of cash retainer fees on June 15, 2026

Grant valuation price $120.17 per share Reported value per share for the 351-share stock award

Total shares after grant 62,995.699 shares Director’s directly held Cisco common shares following the transaction

Dividend equivalents 10,947.699 units Dividend equivalents on vested deferred restricted stock units, each equal to one share

Key Terms

stock award, cash retainer fees, dividend equivalents, deferred restricted stock units

4 terms

stock award financial

"Represents a stock award covering shares in lieu of the reporting person's cash retainer fees"

cash retainer fees financial

"stock award covering shares in lieu of the reporting person's cash retainer fees"

dividend equivalents financial

"Includes 10,947.699 dividend equivalents accrued on vested deferred 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.

deferred restricted stock units financial

"dividend equivalents accrued on vested deferred restricted stock units"

Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.

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Form 4 Insider Transactions: What Each Field Means →

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^*

JOHNSON KRISTINA M

(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)
06/15/2026

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	06/15/2026		A		351(1)	A	$120.17	62,995.699(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 a stock award covering shares in lieu of the reporting person's cash retainer fees, which is fully vested on the date of grant.

2. Includes 10,947.699 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/ Kristina M. Johnson by Jay Higdon, Attorney-in-Fact	06/16/2026
	** 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 did Cisco (CSCO) director Kristina Johnson report in this Form 4?

Kristina M. Johnson reported receiving a stock award of 351 Cisco common shares. The grant was made in lieu of her cash retainer fees and was fully vested on the grant date, increasing her directly held Cisco share position.

How many Cisco (CSCO) shares does Kristina Johnson hold after this award?

After the award, Kristina Johnson directly holds 62,995.699 Cisco shares. This total includes 10,947.699 dividend equivalents on vested deferred restricted stock units, with each dividend equivalent treated as the economic equivalent of one Cisco common share.

Was the Cisco (CSCO) stock Johnson received an open-market purchase or a grant?

The 351 Cisco shares were a grant, not an open-market purchase. They represent a stock award granted in lieu of Kristina Johnson’s cash retainer fees as a director, and the entire award was fully vested immediately on the grant date.

What does the $120.17 price in Kristina Johnson’s Cisco Form 4 represent?

The reported price of $120.17 per share reflects the value assigned to the 351-share Cisco stock award. This price is used to report the grant’s value for disclosure purposes rather than indicating an open-market transaction or a trade executed on an exchange.

What are the 10,947.699 Cisco dividend equivalents mentioned in the filing?

The 10,947.699 dividend equivalents are amounts accrued on Kristina Johnson’s vested deferred restricted stock units. Each dividend equivalent is described as the economic equivalent of one Cisco common share and is included in her total directly held Cisco share count.