[Form 4] CISCO SYSTEMS, INC. Insider Trading Activity
Wesley G. Bush, a Cisco Systems director, reported acquiring 550 shares through a fully vested deferred restricted stock unit award in lieu of cash retainer fees on 09/15/2025 at a reported price of $67.02 per share. The award will settle in shares on, or as soon as practicable after, his separation from service under Section 409A. Following the transaction, Mr. Bush beneficially owns 49,925.115 shares directly, which includes 4,815.115 dividend equivalents tied to vested deferred restricted stock units, and 10,000 shares indirectly via the Wesley G. Bush Revocable Trust. The Form 4 was signed by attorney-in-fact Jay Higdon on 09/17/2025.
Wesley G. Bush, un direttore di Cisco Systems, ha riportato l'acquisizione di 550 azioni attraverso un premio di unità azionarie differite completamente maturate (deferred restricted stock unit) al posto di compensi in contanti, il 15/09/2025, a un prezzo riportato di 67,02 $ per azione. Il premio si liquiderà in azioni, non appena possibile, al suo distacco dal servizio ai sensi della Sezione 409A. A seguito della transazione, il signor Bush detiene beneficiariamente 49.925,115 azioni direttamente, che includono 4.815,115 corrispondenze di dividendi legate a unità azionarie differite maturate, e 10.000 azioni indirettamente tramite il Wesley G. Bush Revocable Trust. Il Modulo 4 è stato firmato dall'avvocato-in-fatto Jay Higdon il 17/09/2025.
Wesley G. Bush, director de Cisco Systems, reportó la adquisición de 550 acciones mediante una asignación de unidades de stock diferidas totalmente vestidas (deferred restricted stock unit) en lugar de honorarios de retención en efectivo, el 15/09/2025, a un precio reportado de 67,02 USD por acción. La adjudicación se liquidará en acciones en la fecha de su separación del servicio conforme a la Sección 409A, tan pronto como sea practicable. Tras la transacción, el Sr. Bush posee beneficiariamente 49.925,115 acciones directamente, que incluyen 4.815,115 equivalentes de dividendos vinculados a las unidades de stock diferido vesting, y 10.000 acciones indirectamente a través del Wesley G. Bush Revocable Trust. El Formulario 4 fue firmado por el apoderado Jay Higdon el 17/09/2025.
웨슬리 G. 부시, 시스코 시스템즈 이사,은 현금 고정 보수 대신 완전히 귀속된 연기 배당 주식 단위 보상(Deferred Restricted Stock Unit)을 통해 550주를 취득했다고 2025년 9월 15일 보고했습니다. 주당 보고가 67.02달러로 나타났습니다. 이 보상은 409A 조항에 따라 서비스 종료 시점에 주식으로 settling 될 예정이며, 가능한 한 빨리 이루어질 것입니다. 거래 이후 부시씨는 직접 보유하는 49,925.115주를 소유하게 되며, 이는 귀속된 연기 배당 주식 단위에 연결된 4,815.115배당 상응분과 Wesley G. Bush 취소신탁(Wesley G. Bush Revocable Trust)을 통해 간접적으로 보유하는 10,000주를 포함합니다. Form 4는 2025년 9월 17일에 대리인 Jay Higdon이 서명했습니다.
Wesley G. Bush, administrateur chez Cisco Systems, a déclaré l'acquisition de 550 actions par le biais d'une attribution d'unités d'actions différées entièrement acquises (fully vested deferred restricted stock unit award) en lieu et place de frais de rémunération en espèces le 15/09/2025, à un prix déclaré de 67,02 USD par action. L'attribution sera réglée en actions à la date de sa séparation du service conformément à la Section 409A, dès que possible. Suite à la transaction, M. Bush détient bénéficiera directement 49.925,115 actions, qui comprennent 4.815,115 équivalents de dividendes liés aux unités d'actions différées acquises, et 10.000 actions indirectement par le Wesley G. Bush Trust révocable. Le Formulaire 4 a été signé par l'avocat intérimaire Jay Higdon le 17/09/2025.
Wesley G. Bush, ein Direktor von Cisco Systems, berichtete über den Erwerb von 550 Aktien durch eine vollständig vestierte Deferred Restricted Stock Unit-Zuweisung (DSU) anstelle von Barbezugsgebühren am 15.09.2025 zu einem gemeldeten Kurs von 67,02 USD pro Aktie. Die Zuteilung wird in Aktien erfolgen, am oder so bald wie praktikabel nach seiner Beendigung des Dienstverhältnisses gemäß Abschnitt 409A. Nach der Transaktion besitzt Herr Bush vorteilhaft direkt 49.925,115 Aktien, wozu 4.815,115 Dividendenäquivalente gehören, die an vesting deferred restricted stock units gebunden sind, und 10.000 Aktien indirekt über den Wesley G. Bush Revocable Trust. Das Formular 4 wurde von dem Bevollmächtigten Jay Higdon am 17.09.2025 unterzeichnet.
ويزلي ج. بوش، عضو مجلس إدارة في Cisco Systems، أفاد باكتساب 550 سهماً من خلال منحة وحدات أسهم مقيدة مؤجلة مُكتملة الاستحقاق بدلاً من رسوم الراتب النقدي في 15/09/2025 وبسعر مُبلغ عنه قدره 67.02 دولاراً للسهم. ستُ تسوي المنحة في الأسهم عند، أو في أقرب وقت ممكن بعد، انفصاله عن الخدمة وفقاً للقسم 409A. عقب الصفقة، يمتلك السيد بوش بشكل مستفيد 49,925.115 سهماً مباشراً، والتي تشمل 4,815.115 معادلات أرباح المرتبطة بوحدات الأسهم المقيدة المؤجلة التي تم vesting، و10,000 سهماً بشكل غير مباشر عبر Wesley G. Bush Revocable Trust. تم توقيع النموذج 4 بواسطة المحامي المفوض Jay Higdon في 17/09/2025.
Wesley G. Bush，戴思科系统公司董事，通过一项完全归属的递延限制性股票单位奖励（deferred restricted stock unit）取代现金保留费，在2025/09/15报告获悉获得550股。该奖励将在其离职时或尽快在扣除Section 409A条款后以股票结算。交易完成后，Bush先生实际直接持有49,925.115股股票，其中包含与归属的递延限制性股票单位相关联的4,815.115股股息等价物，以及通过 Wesley G. Bush Revocable Trust间接持有的10,000股。 Form 4由代理人Jay Higdon于2025/09/17签署。
- Director acquired shares through a fully vested deferred restricted stock unit award, increasing insider alignment with shareholders
- Clear disclosure of direct and indirect holdings including 4,815.115 dividend equivalents
- Filing signed and dated (attorney-in-fact signature on 09/17/2025), meeting reporting formalities
- None.
Insights
TL;DR: Director acquired a small number of shares via deferred RSU award; transaction is routine and not materially market-moving.
The Form 4 discloses a non-derivative acquisition of 550 shares resulting from a fully vested deferred restricted stock unit award paid in lieu of a cash retainer. Such transactions align with standard director compensation practices and will settle upon separation from service, per Section 409A. The filing also clarifies accrued dividend equivalents of 4,815.115 shares included in the direct ownership total. There is no indication of exercised options, option grants, or derivative activity. From a trading-impact perspective, the disclosed transaction is administrative and likely immaterial to Cisco's valuation.
TL;DR: Disclosure reflects typical director compensation mechanics and provides clear ownership detail; governance disclosure standards are met.
The submission identifies Mr. Bush as a director and details compensation settled as deferred restricted stock units in lieu of cash retainer, which is a common governance practice to align director interests with shareholders. The Form 4 clearly itemizes direct and indirect holdings, including dividend equivalents, and is signed via attorney-in-fact. The timing and explanations adhere to Section 16 reporting conventions; no governance issues or unexplained transfers are evident in the filing.
Wesley G. Bush, un direttore di Cisco Systems, ha riportato l'acquisizione di 550 azioni attraverso un premio di unità azionarie differite completamente maturate (deferred restricted stock unit) al posto di compensi in contanti, il 15/09/2025, a un prezzo riportato di 67,02 $ per azione. Il premio si liquiderà in azioni, non appena possibile, al suo distacco dal servizio ai sensi della Sezione 409A. A seguito della transazione, il signor Bush detiene beneficiariamente 49.925,115 azioni direttamente, che includono 4.815,115 corrispondenze di dividendi legate a unità azionarie differite maturate, e 10.000 azioni indirettamente tramite il Wesley G. Bush Revocable Trust. Il Modulo 4 è stato firmato dall'avvocato-in-fatto Jay Higdon il 17/09/2025.
Wesley G. Bush, director de Cisco Systems, reportó la adquisición de 550 acciones mediante una asignación de unidades de stock diferidas totalmente vestidas (deferred restricted stock unit) en lugar de honorarios de retención en efectivo, el 15/09/2025, a un precio reportado de 67,02 USD por acción. La adjudicación se liquidará en acciones en la fecha de su separación del servicio conforme a la Sección 409A, tan pronto como sea practicable. Tras la transacción, el Sr. Bush posee beneficiariamente 49.925,115 acciones directamente, que incluyen 4.815,115 equivalentes de dividendos vinculados a las unidades de stock diferido vesting, y 10.000 acciones indirectamente a través del Wesley G. Bush Revocable Trust. El Formulario 4 fue firmado por el apoderado Jay Higdon el 17/09/2025.
웨슬리 G. 부시, 시스코 시스템즈 이사,은 현금 고정 보수 대신 완전히 귀속된 연기 배당 주식 단위 보상(Deferred Restricted Stock Unit)을 통해 550주를 취득했다고 2025년 9월 15일 보고했습니다. 주당 보고가 67.02달러로 나타났습니다. 이 보상은 409A 조항에 따라 서비스 종료 시점에 주식으로 settling 될 예정이며, 가능한 한 빨리 이루어질 것입니다. 거래 이후 부시씨는 직접 보유하는 49,925.115주를 소유하게 되며, 이는 귀속된 연기 배당 주식 단위에 연결된 4,815.115배당 상응분과 Wesley G. Bush 취소신탁(Wesley G. Bush Revocable Trust)을 통해 간접적으로 보유하는 10,000주를 포함합니다. Form 4는 2025년 9월 17일에 대리인 Jay Higdon이 서명했습니다.
Wesley G. Bush, administrateur chez Cisco Systems, a déclaré l'acquisition de 550 actions par le biais d'une attribution d'unités d'actions différées entièrement acquises (fully vested deferred restricted stock unit award) en lieu et place de frais de rémunération en espèces le 15/09/2025, à un prix déclaré de 67,02 USD par action. L'attribution sera réglée en actions à la date de sa séparation du service conformément à la Section 409A, dès que possible. Suite à la transaction, M. Bush détient bénéficiera directement 49.925,115 actions, qui comprennent 4.815,115 équivalents de dividendes liés aux unités d'actions différées acquises, et 10.000 actions indirectement par le Wesley G. Bush Trust révocable. Le Formulaire 4 a été signé par l'avocat intérimaire Jay Higdon le 17/09/2025.
Wesley G. Bush, ein Direktor von Cisco Systems, berichtete über den Erwerb von 550 Aktien durch eine vollständig vestierte Deferred Restricted Stock Unit-Zuweisung (DSU) anstelle von Barbezugsgebühren am 15.09.2025 zu einem gemeldeten Kurs von 67,02 USD pro Aktie. Die Zuteilung wird in Aktien erfolgen, am oder so bald wie praktikabel nach seiner Beendigung des Dienstverhältnisses gemäß Abschnitt 409A. Nach der Transaktion besitzt Herr Bush vorteilhaft direkt 49.925,115 Aktien, wozu 4.815,115 Dividendenäquivalente gehören, die an vesting deferred restricted stock units gebunden sind, und 10.000 Aktien indirekt über den Wesley G. Bush Revocable Trust. Das Formular 4 wurde von dem Bevollmächtigten Jay Higdon am 17.09.2025 unterzeichnet.
FAQ
What did Wesley G. Bush report on the CSCO Form 4?
How many Cisco shares does Wesley G. Bush beneficially own after this transaction?
What are the dividend equivalents mentioned in the filing?
When will the deferred restricted stock units settle into shares?
Who signed the Form 4 and when?
