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Cisco EVP granted 55,690 restricted stock units

Cisco’s EVP, Operations received a 55,690-share restricted stock unit grant with multi-year vesting, bringing direct holdings to about 183,351 shares.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

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

CISCO SYSTEMS, INC. (CSCO) reported that EVP, Operations Subaiya Thimaya K. received a grant of 55,690 shares of common stock in the form of restricted stock units on September 16, 2026. Thirty-four percent of these RSUs vest on November 10, 2027, with 8.25% vesting quarterly thereafter. Following this award, the executive holds 183,351.148 shares directly, including 3,517.977 dividend equivalents on unvested RSUs.

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Insider Subaiya Thimaya K.
Role EVP, Operations
Type Security Shares Price Value
Grant/Award Common Stock F1, F2 55,690 $0.00 $0.00
Holdings After Transaction: Common Stock — 183,351.148 shares (Direct)
Footnotes (2)
  1. F1. Represents a restricted stock unit award that vests in installments, with thirty-four percent (34%) of the shares vesting on November 10, 2027 and eight-and-one-quarter percent (8.25%) of the shares vesting quarterly thereafter.
  2. F2. Includes 3,517.977 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
Restricted stock units granted 55,690 shares Award to EVP, Operations on September 16, 2026
Initial vesting portion 34% Portion of RSUs vesting on November 10, 2027
Subsequent quarterly vesting rate 8.25% Portion of RSUs vesting each quarter after November 10, 2027
Shares held after transaction 183,351.148 shares Direct holdings of EVP, Operations following the award
Dividend equivalents included 3,517.977 Dividend equivalents on unvested RSUs, each equal economically to one share
Award price per share $0.00 per share Reported grant price for the restricted stock unit award
restricted stock unit financial
"Represents a restricted stock unit award that vests in installments"
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 3,517.977 dividend equivalents accrued on unvested"
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.
economic equivalent financial
"Each dividend equivalent is the economic equivalent of one share"

FAQ

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

What insider transaction did CSCO report for EVP Operations Subaiya Thimaya K.?

Cisco reported that EVP, Operations Subaiya Thimaya K. received a grant of 55,690 restricted stock units of Cisco common stock on September 16, 2026, as a stock-based award with no cash price per share reported.

How do the 55,690 RSUs granted to the CSCO executive vest?

The 55,690 restricted stock units vest in installments: 34% of the shares vest on November 10, 2027, and 8.25% of the shares vest quarterly thereafter, according to the company’s disclosure.

What are the total Cisco (CSCO) shares held by Subaiya Thimaya K. after this grant?

After the grant, EVP, Operations Subaiya Thimaya K. is reported to hold 183,351.148 shares of Cisco common stock directly, which includes shares from this award and previously held awards.

What are dividend equivalents mentioned in the CSCO Form 4 filing?

The filing states that holdings include 3,517.977 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is described as the economic equivalent of one share of Cisco common stock.

Was the CSCO insider transaction made under a Rule 10b5-1 trading plan?

The document-level checkbox indicates no Rule 10b5-1 plan is reported for this grant. The transaction is described as a grant, award, or other acquisition, not as a trade executed under a pre-arranged trading plan.

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

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Learn about SEC filing dates
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*
Subaiya Thimaya K.

(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, Operations
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026
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 Stock09/16/2026A55,690(1)A$0183,351.148(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 a restricted stock unit award that vests in installments, with thirty-four percent (34%) of the shares vesting on November 10, 2027 and eight-and-one-quarter percent (8.25%) of the shares vesting quarterly thereafter.
2. Includes 3,517.977 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
Remarks:
/s/ Thimaya K. Subaiya by Jeremy Erickson, Attorney-in-Fact09/18/2026
** 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)

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