Cisco Systems (CSCO) president Patel sells shares under 10b5-1 plan

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Cisco Systems President and CPO Jeetendra I. Patel reported multiple open-market sales of Cisco common stock on February 13, 2026. He sold 2,700 shares at a weighted average price of $74.1229, 900 shares at $74.8889, 1,100 shares at $76.0455, and 6,548 shares at $76.9198, all under a Rule 10b5-1 trading plan adopted on March 20, 2025. Following these transactions, he beneficially owned 262,775.718 shares directly, which include 1,277.300 dividend-equivalent shares tied to unvested restricted stock units, and an additional 200 shares held indirectly by a trust.

Insider Trade Summary

Net Seller: 11,248 shares ($854,853)

Net Sell 5 txns

Insider Patel Jeetendra I

Role President and CPO

Sold 11,248 shs ($855K)

Type	Security	Shares	Price	Value
Sale	Common Stock	2,700	$74.1229	$200K
Sale	Common Stock	900	$74.8889	$67K
Sale	Common Stock	1,100	$76.0455	$84K
Sale	Common Stock	6,548	$76.9198	$504K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 271,323.718 shares (Direct); Common Stock — 200 shares (Indirect, By Trust)

Footnotes (1)

This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 20, 2025. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $73.51 to $74.49. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range. Includes 1,277.300 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $74.55 to $75.51. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $75.57 to $76.51. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $76.57 to $77.22. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

Form 4 Insider Transactions: What Each Field Means →

02/17/2026 - 06:36 PM

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^*

Patel Jeetendra I

(Last)

(First)

(Middle)

170 WEST TASMAN DRIVE

(Street)

SAN JOSE

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)
	President and CPO

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/13/2026		S⁽¹⁾		2,700	D	$74.1229⁽²⁾	271,323.718⁽³⁾	D
Common Stock	02/13/2026		S⁽¹⁾		900	D	$74.8889⁽⁴⁾	270,423.718	D
Common Stock	02/13/2026		S⁽¹⁾		1,100	D	$76.0455⁽⁵⁾	269,323.718	D
Common Stock	02/13/2026		S⁽¹⁾		6,548	D	$76.9198⁽⁶⁾	262,775.718	D
Common Stock								200	I	By Trust

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 20, 2025.

2. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $73.51 to $74.49. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

3. Includes 1,277.300 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.

4. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $74.55 to $75.51. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

5. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $75.57 to $76.51. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

6. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $76.57 to $77.22. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

Remarks:

	/s/ Jeetendra I. Patel by Jay Higdon, Attorney-in-Fact	02/17/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Cisco (CSCO) disclose for Jeetendra Patel?

Cisco disclosed that President and CPO Jeetendra I. Patel sold common stock on February 13, 2026. He executed several open-market sales of Cisco shares at different weighted average prices as part of a pre-established Rule 10b5-1 trading plan.

How many Cisco (CSCO) shares did Jeetendra Patel sell on February 13, 2026?

Jeetendra Patel sold multiple blocks of Cisco common stock totaling several thousand shares. The reported transactions cover 2,700, 900, 1,100, and 6,548 shares, each at separately disclosed weighted average prices in open-market sales.

At what prices did Jeetendra Patel sell Cisco (CSCO) stock?

Patel’s Cisco stock sales were reported at weighted average prices between about $73.51 and $77.22. The filing lists specific averages of $74.1229, $74.8889, $76.0455, and $76.9198, each representing multiple trades within stated price ranges.

Was Jeetendra Patel’s Cisco (CSCO) stock sale under a Rule 10b5-1 plan?

Yes. The filing states the transactions were executed under a Rule 10b5-1 trading plan. This plan was adopted by Jeetendra Patel on March 20, 2025, providing a pre-arranged framework for selling shares over time.

How many Cisco (CSCO) shares does Jeetendra Patel own after the transactions?

After the reported sales, Patel beneficially owned 262,775.718 Cisco shares directly. This direct holding includes 1,277.300 dividend-equivalent shares linked to unvested restricted stock units, plus an additional 200 shares held indirectly by a trust.

What does the trust holding in Cisco (CSCO) shares represent for Jeetendra Patel?

The filing shows 200 Cisco shares held indirectly by a trust for Patel. These shares are reported as indirect beneficial ownership, separate from his much larger directly held position in Cisco common stock.