STOCK TITAN

CSCO Form 4: EVP/CFO Mark Patterson Disposes 7,230 Shares

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

Rhea-AI Filing Summary

Mark Patterson, Executive Vice President and Chief Financial Officer of Cisco Systems, Inc. (CSCO), reported a sale of 7,230 shares of Cisco common stock on 08/19/2025. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on 12/11/2024. The filing reports a weighted average sales price of $66.984 per share, with individual trade prices ranging from $66.54 to $67.47. After the reported sale, the filing shows the reporting person beneficially owned 157,868.086 shares. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.

Positive

  • Transaction executed under a Rule 10b5-1 plan, indicating pre-planned trading consistent with insider trading defenses
  • Filing discloses weighted average price and price range ($66.984 weighted average; $66.54 to $67.47 range), enhancing transparency
  • Post-transaction beneficial ownership reported (157,868.086 shares), allowing clear view of holdings after the sale

Negative

  • Insider sale of 7,230 shares by the CFO was reported, which represents a reduction in the reporting person's holdings

Insights

TL;DR: CFO sold 7,230 shares under a pre-established 10b5-1 plan; transaction disclosed with price range and remaining beneficial ownership.

The sale was executed under a Rule 10b5-1 plan, which indicates the trades were pre-planned and intended to provide the reporting person an affirmative defense under insider trading rules. The filing discloses a weighted average price and the price range, which improves transparency. The remaining beneficial ownership of 157,868.086 shares is explicitly stated, allowing investors to see the post-transaction position. No options or derivative transactions are reported in this Form 4.

TL;DR: Routine insider disposition consistent with a documented 10b5-1 plan; disclosure appears complete for the reported transactions.

The Form 4 identifies the reporting person as an officer (EVP and CFO) and confirms the use of a 10b5-1 plan adopted on 12/11/2024, which is relevant to governance and compliance considerations. The reporter provides a weighted average sale price and a commitment to supply per-trade details on request, which aligns with best practices for transparency. The signature by an attorney-in-fact is noted and permitted by the form.

Insider Patterson Mark
Role EVP and CFO
Sold 7,230 shs ($484K)
Type Security Shares Price Value
Sale Common Stock 7,230 $66.984 $484K
Holdings After Transaction: Common Stock — 157,868.086 shares (Direct)
Footnotes (1)
  1. This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 11, 2024. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $66.54 to $67.47. 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.
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).
X
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 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)
EVP and CFO
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025
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 08/19/2025 S(1) 7,230 D $66.984(2) 157,868.086 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 was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 11, 2024.
2. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $66.54 to $67.47. 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/ Mark Patterson by Jay Higdon, Attorney-in-Fact 08/19/2025
** 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 did Mark Patterson (CSCO) report on Form 4?

He reported a sale of 7,230 shares on 08/19/2025 executed pursuant to a Rule 10b5-1 plan.

Under what plan were the CSCO shares sold?

The sale was effected under a Rule 10b5-1 trading plan adopted by the reporting person on 12/11/2024.

What price did the CSCO shares sell for in this transaction?

Weighted average price was $66.984 per share; individual trades ranged from $66.54 to $67.47.

How many CSCO shares does the reporting person own after the sale?

The filing shows beneficial ownership of 157,868.086 shares after the reported sale.

Was the Form 4 signed by the reporting person?

The Form 4 was signed by an attorney-in-fact on behalf of the reporting person and dated 08/19/2025.