Cisco CFO withholds shares for tax payment

Cisco Systems, Inc. executive vice president and CFO Mark Patterson reported a Form 4 transaction involving Cisco common stock.

Rhea-AI Filing Summary

Cisco Systems, Inc. executive vice president and CFO Mark Patterson reported a Form 4 transaction involving Cisco common stock. On 2026-08-10, 4,065.56 shares were disposed of at $121.43 per share as shares withheld for payment of tax liability arising from the partial settlement of two restricted stock unit awards. Following this tax-withholding disposition, Patterson directly held 174,318.571 shares of Cisco common stock, which includes 1,786.851 dividend equivalents accrued on unvested restricted stock units, with each dividend equivalent economically equivalent to one share of Cisco common stock.

Insider Trade Summary

Tax Withholding: 4,065.56 shares

Tax Withholding 1 txn

Insider Patterson Mark

Role EVP and CFO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1, F2	4,065.56	$121.43	$494K

Holdings After Transaction: Common Stock — 174,318.571 shares (Direct)

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 August 8, 2025.
2. 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

Shares withheld for taxes: 4,065.56 shares Withholding price per share: $121.43 per share Shares held after transaction: 174,318.571 shares +2 more

5 metrics

Shares withheld for taxes 4,065.56 shares Shares withheld on 2026-08-10 for payment of tax liability from partial RSU settlement

Withholding price per share $121.43 per share Per-share value used for the 4,065.56 shares withheld for tax liability

Shares held after transaction 174,318.571 shares Direct Cisco common stock holdings by Mark Patterson following the tax-withholding disposition

Dividend equivalents included 1,786.851 Dividend equivalents accrued on unvested restricted stock units, each equal to one Cisco share

Transaction date 2026-08-10 Date of the tax-withholding disposition of Cisco common stock

Key Terms

restricted stock unit awards, dividend equivalents, economic equivalent, payment of tax liability

4 terms

restricted stock unit awards financial

"partial settlement of two (2) restricted stock unit awards originally reported"

Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.

dividend equivalents financial

"Includes 1,786.851 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.

economic equivalent financial

"Each dividend equivalent is the economic equivalent of one share of Cisco common stock."

payment of tax liability financial

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

FAQ

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

What did Cisco (CSCO) CFO Mark Patterson report in this Form 4?

Mark Patterson reported a tax-withholding disposition of Cisco common stock. 4,065.56 shares were withheld on 2026-08-10 to satisfy tax liability from the partial settlement of two restricted stock unit awards.

How many Cisco (CSCO) shares were withheld for taxes in Patterson’s transaction?

The transaction shows 4,065.56 shares of Cisco common stock withheld. These shares were used for payment of tax liability related to the partial settlement of two restricted stock unit awards.

What price per share was used in the Cisco (CSCO) Form 4 tax-withholding transaction?

The tax-withholding disposition used a price of $121.43 per share for the 4,065.56 shares withheld. This per-share price is reported directly in the Form 4 transaction details.

How many Cisco (CSCO) shares does Mark Patterson hold after this Form 4 transaction?

After the tax-withholding disposition, Mark Patterson directly holds 174,318.571 shares of Cisco common stock. This total includes 1,786.851 dividend equivalents accrued on unvested restricted stock units.

Were the Cisco (CSCO) shares in this Form 4 sold on the open market?

No. The filing describes the transaction as shares withheld for payment of tax liability upon partial settlement of restricted stock units, not an open-market purchase or sale of Cisco common stock.

What are the dividend equivalents mentioned in the Cisco (CSCO) Form 4 footnote?

The footnote states that holdings include 1,786.851 dividend equivalents on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one Cisco common share and is counted in the reported post-transaction total.

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

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Accepted by SEC EDGAR 08/12/2026 - 05:47 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^*

Patterson Mark

(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)
	EVP and CFO

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		4,065.56(1)	D	$121.43	174,318.571(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 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 August 8, 2025.

2. 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.

Remarks:

	/s/ Mark Patterson 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)