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Cisco CEO granted 167,069 RSUs in stock award

Cisco’s Chair and CEO received a time-based RSU award, increasing his direct holdings to roughly 770,000 CSCO shares including dividend equivalents.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CISCO SYSTEMS, INC. (CSCO) reported that Chair and CEO Charles Robbins acquired 167,069 shares of common stock on September 16, 2026 through a restricted stock unit (RSU) award granted at no cash cost to him. The RSUs vest over time, with 34% vesting on November 10, 2027 and 8.25% vesting quarterly thereafter.

After this award, Robbins directly holds 769,778.85 shares of Cisco common stock, including 52,788.293 dividend equivalents on vested deferred RSUs and 9,442.33 dividend equivalents on unvested RSUs, each equivalent to one Cisco share. No Rule 10b5-1 trading plan is reported for this grant.

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Insider Robbins Charles
Role Chair and CEO
Type Security Shares Price Value
Grant/Award Common Stock F1, F2 167,069 $0.00 $0.00
Holdings After Transaction: Common Stock — 769,778.85 shares (Direct)
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 52,788.293 dividend equivalents accrued on vested deferred restricted stock units and 9,442.33 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
RSU award size 167,069 shares Restricted stock unit award to Charles Robbins on September 16, 2026
Award price per share $0.00 per share RSU grant to Charles Robbins
Shares following transaction 769,778.85 shares Charles Robbins’ direct Cisco common stock holdings after the RSU grant
Initial vesting tranche 34% Portion of RSU award vesting on November 10, 2027
Ongoing vesting rate 8.25% quarterly Subsequent vesting rate for the RSU award
Dividend equivalents on vested deferred RSUs 52,788.293 equivalents Included in Charles Robbins’ reported holdings
Dividend equivalents on unvested RSUs 9,442.33 equivalents Included in Charles Robbins’ reported holdings
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 52,788.293 dividend equivalents accrued on vested deferred"
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.
deferred restricted stock units financial
"dividend equivalents accrued on vested deferred restricted stock units"
Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.
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 CSCO disclose about Charles Robbins’ latest equity award?

Cisco disclosed that Chair and CEO Charles Robbins received a 167,069-share restricted stock unit award on September 16, 2026, granted at $0.00 per share. The award vests over time and increases his direct holdings of Cisco common stock.

How do the new RSUs for Cisco (CSCO) CEO vest over time?

The RSU award to Cisco CEO Charles Robbins vests in installments: 34% of the shares vest on November 10, 2027, and 8.25% of the shares vest quarterly thereafter, according to the company’s disclosure.

What are Charles Robbins’ total Cisco (CSCO) share holdings after this Form 4?

Following the RSU grant, Charles Robbins directly holds 769,778.85 shares of Cisco common stock, which includes both previously held stock and dividend equivalents tied to vested and unvested restricted stock units.

How many dividend equivalents does the Cisco (CSCO) CEO hold?

Charles Robbins’ reported holdings include 52,788.293 dividend equivalents on vested deferred restricted stock units and 9,442.33 dividend equivalents on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one Cisco common share.

Was the Cisco (CSCO) CEO’s RSU grant made under a Rule 10b5-1 plan?

No. Cisco’s filing indicates no Rule 10b5-1 trading plan for this RSU award to Charles Robbins; the 10b5-1 checkbox is not marked as an affirmative plan.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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 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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chair and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock09/16/2026A167,069(1)A$0769,778.85(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 52,788.293 dividend equivalents accrued on vested deferred restricted stock units and 9,442.33 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-Fact09/18/2026
** Signature of Reporting PersonDate
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)

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