Cisco president granted 139K restricted stock units

Cisco’s President and CPO received a sizable time-vested RSU award, increasing his reported Cisco equity holdings.

Rhea-AI Filing Summary

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

CISCO SYSTEMS, INC. (CSCO) reported that President and CPO Jeetendra I. Patel received a grant of 139,225 shares of common stock in the form of restricted stock units on September 16, 2026. The award vests with 34% of the shares vesting on November 10, 2027 and 8.25% vesting quarterly thereafter. Following this grant, Patel holds 369,818.244 shares directly, including 2,233.572 dividend equivalents that are each the economic equivalent of one share of Cisco common stock, plus 200 shares held indirectly by a trust. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Grant/Award: 139,225 shares

Grant/Award 2 txns

Insider Patel Jeetendra I

Role President and CPO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1, F2	139,225	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 369,818.244 shares (Direct); Common Stock — 200 shares (Indirect, By Trust)

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 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

RSU shares granted: 139,225 shares Initial vesting percentage: 34% Subsequent quarterly vesting rate: 8.25% +3 more

6 metrics

RSU shares granted 139,225 shares Restricted stock unit award to Jeetendra I. Patel on September 16, 2026

Initial vesting percentage 34% Portion of RSU award vesting on November 10, 2027

Subsequent quarterly vesting rate 8.25% Portion of RSU award vesting each quarter after November 10, 2027

Direct holdings after grant 369,818.244 shares Cisco common stock directly held by Jeetendra I. Patel after the transaction

Dividend equivalents included 2,233.572 Dividend equivalents accrued on unvested RSUs, each economically equal to one share

Indirect trust holdings 200 shares Cisco common stock held indirectly by trust for Jeetendra I. Patel

Key Terms

restricted stock unit, dividend equivalents, economic equivalent

3 terms

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 2,233.572 dividend equivalents accrued on unvested 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.

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 did Cisco (CSCO) disclose about Jeetendra Patel’s latest equity award?

Cisco disclosed that President and CPO Jeetendra I. Patel received a restricted stock unit grant of 139,225 shares of Cisco common stock on September 16, 2026, increasing his reported equity holdings in the company.

What is the vesting schedule of Jeetendra Patel’s new RSU grant at CSCO?

The RSU grant vests with 34% of the shares vesting on November 10, 2027 and 8.25% of the shares vesting quarterly thereafter, as disclosed by Cisco.

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

After the reported grant, Jeetendra Patel holds 369,818.244 shares directly of Cisco common stock, plus 200 shares held indirectly by a trust, according to the filing.

What are the dividend equivalents mentioned in Jeetendra Patel’s Cisco holdings?

Patel’s direct holdings include 2,233.572 dividend equivalents accrued on unvested RSUs. Cisco states that each dividend equivalent is the economic equivalent of one share of Cisco common stock.

Was Jeetendra Patel’s Cisco Form 4 transaction under a Rule 10b5-1 plan?

No. The filing indicates that no Rule 10b5-1 trading plan was reported for the September 16, 2026 RSU grant to Jeetendra Patel.

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

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Available on EDGAR 09/18/2026 - 07:01 PM Accepted by SEC EDGAR 09/18/2026 - 07:01 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^*

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)
09/16/2026

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	09/16/2026		A		139,225(1)	A	$0	369,818.244(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 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 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 Jeremy Erickson, Attorney-in-Fact	09/18/2026
	** 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)