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[Form 4] CISCO SYSTEMS, INC. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Cisco Systems, Inc. (CSCO) Chair and CEO, who is also a director, reported a tax-related equity transaction on 11/21/2025. The reporting person had 6,013.084 shares of Cisco common stock withheld at a price of $76.1 per share in a transaction coded "F," which indicates shares were surrendered to cover taxes. These shares were issuable upon the early vesting of an equal number of restricted stock units and related dividend equivalents when the executive became retirement eligible.

Following this withholding, the reporting person beneficially owned 698,140.002 shares of Cisco common stock in direct form. This amount includes 48,690.524 dividend equivalents accrued on vested deferred restricted stock units and 10,218.123 dividend equivalents accrued on unvested restricted stock units, with each dividend equivalent described as the economic equivalent of one Cisco common share.

Positive

  • None.

Negative

  • None.
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*
Robbins Charles

(Last) (First) (Middle)
170 WEST TASMAN DRIVE

(Street)
SAN JOSE CA 95134

(City) (State) (Zip)
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
X Officer (give title below) Other (specify below)
Chair and CEO
3. Date of Earliest Transaction (Month/Day/Year)
11/21/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 11/21/2025 F 6,013.084(1) D $76.1 698,140.002(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. This transaction involved the withholding of 6,013.084 shares of stock issuable upon the early vesting of an equal number of restricted stock units and dividend equivalents on the restricted stock units to pay taxes associated with the reporting person becoming retirement eligible.
2. Includes 48,690.524 dividend equivalents accrued on vested deferred restricted stock units and 10,218.123 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
Remarks:
/s/ Charles Robbins by Jeremy Erickson, Attorney-in-Fact 11/24/2025
** 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.

FAQ

What insider transaction did CSCO report on this Form 4?

The Chair and CEO of Cisco Systems, Inc. (CSCO), who is also a director, reported a tax withholding transaction in which 6,013.084 shares of Cisco common stock were surrendered in a transaction coded "F" on 11/21/2025 to cover taxes tied to early vesting of restricted stock units.

What does the 6,013.084 CSCO shares in the Form 4 represent?

The 6,013.084 shares represent Cisco common stock that was otherwise issuable upon the early vesting of an equal number of restricted stock units and related dividend equivalents, which were withheld to pay taxes when the reporting person became retirement eligible.

How many CSCO shares does the reporting person beneficially own after this transaction?

After the reported transaction, the reporting person beneficially owned 698,140.002 shares of Cisco common stock in direct form, as shown in the filing.

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

The filing states that the holdings include 48,690.524 dividend equivalents accrued on vested deferred restricted stock units and 10,218.123 dividend equivalents accrued on unvested restricted stock units, with each dividend equivalent described as the economic equivalent of one share of Cisco common stock.

What is transaction code "F" in this CSCO insider filing?

In this filing, transaction code "F" indicates a transaction where shares of Cisco common stock were withheld or surrendered to satisfy tax withholding obligations related to the vesting of equity awards.

What roles does the reporting person hold at Cisco Systems, Inc. (CSCO)?

The reporting person is identified as both a Director and an Officer, serving as Chair and CEO of Cisco Systems, Inc.

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300.68B
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1.2%
Communication Equipment
Computer Communications Equipment
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United States
SAN JOSE