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

Rhea-AI Filing Summary

Maria Victoria Wong, SVP & Chief Accounting Officer at Cisco Systems (CSCO), reported a grant of 12,763 restricted stock units on 09/16/2025. The award vests in installments: 34% on November 10, 2026 and then 8.25% quarterly thereafter. Following the reported transaction the form shows 43,381.74 shares beneficially owned.

The Form 4 was executed by an attorney-in-fact on behalf of Ms. Wong and signed on 09/18/2025. The filing documents an executive equity grant and a defined vesting schedule; it does not disclose cash consideration for the award (reported price $0) or any sale/disposition of shares.

Positive

• 12,763 RSU grant awarded to the SVP & Chief Accounting Officer, indicating executive retention and alignment with shareholders
• Clear vesting schedule: 34% vests on November 10, 2026 and 8.25% vests quarterly thereafter, promoting long-term alignment

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine executive equity grant with multi-year vesting, modest in size relative to typical executive packages.

The Form 4 documents a non-cash restricted stock unit award of 12,763 RSUs to the SVP & Chief Accounting Officer, vesting 34% on a fixed date and 8.25% quarterly thereafter. The filing indicates the award was granted at $0 price (typical for RSUs) and increased beneficial ownership to 43,381.74 shares. This is a standard retention/incentive instrument; there is no cash purchase or immediate dilution event disclosed. For investors, the entry signal is managerial alignment with long-term performance rather than short-term liquidity changes.

Corporate Governance Expert

TL;DR: Standard grant consistent with executive compensation practices; vesting schedule ties pay to future service or performance.

The disclosure identifies the reporting person as an officer and describes a staged vesting schedule that begins in late 2026 and continues quarterly, which aligns incentives over multiple quarters. The form was timely signed by an attorney-in-fact. The filing contains no indication of accelerated vesting, clawbacks, or related-party transactions. From a governance perspective, this appears to be a routine, pre-approved compensation award rather than an extraordinary governance action.

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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Wong Maria Victoria

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & Chief Acctg Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025

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	09/16/2025		A		12,763(1)	A	$0	43,381.74	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 a restricted stock unit award that vests in installments, with thirty-four percent (34%) of the shares vesting on November 10, 2026 and eight-and-one-quarter percent (8.25%) of the shares vesting quarterly thereafter.

Remarks:

	/s/ Maria Victoria Wong by Jay Higdon, Attorney-in-Fact	09/18/2025
	** 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 transaction did Maria Victoria Wong report on Form 4 for CSCO?

The report documents a grant of 12,763 restricted stock units (RSUs) with a transaction date of 09/16/2025.

How do the RSUs granted to CSCO executive vest?

The RSUs vest 34% on November 10, 2026 and then 8.25% quarterly thereafter.

How many shares does the filing show as beneficially owned after the transaction?

The Form 4 reports 43,381.74 shares beneficially owned following the reported transaction.

Did the Form 4 report any cash paid for the RSUs?

The filing reports a price of $0, consistent with restricted stock unit awards that are not purchased with cash.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by an attorney-in-fact on behalf of Maria Victoria Wong on 09/18/2025.