Cisco CFO granted 92,817 restricted stock units
Cisco’s EVP and CFO received a sizable restricted stock unit award that vests over time, increasing his direct equity stake in CSCO.
Rhea-AI Filing Summary
CISCO SYSTEMS, INC. (symbol: CSCO) is the issuer of record for a Form 4 filing submitted to the SEC. Patterson Mark reported acquisition or exercise transactions in this Form 4 filing.
CISCO SYSTEMS, INC. (CSCO) reported that EVP and CFO Mark Patterson received a grant of 92,817 shares of common stock in the form of a restricted stock unit award on September 16, 2026. The award vests in installments, with 34% vesting on November 10, 2027 and 8.25% vesting quarterly thereafter. Following this award, Patterson directly holds 258,595.426 shares, including 1,786.851 dividend equivalents accrued on unvested restricted stock units. No Rule 10b5-1 trading plan is reported for this grant.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 92,817 | $0.00 | $0.00 |
Footnotes (2)
- 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.
- F2. Includes 1,786.851 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
Key Figures
Key Terms
restricted stock unit financial
dividend equivalents financial
Rule 10b5-1 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Cisco (CSCO) disclose about EVP and CFO Mark Patterson’s new equity grant?
What is the vesting schedule for the Cisco (CSCO) CFO’s restricted stock units?
Were any Rule 10b5-1 trading plans involved in this CSCO Form 4 filing?
Did the Cisco (CSCO) Form 4 report any stock sales by the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.