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

Rhea-AI Filing Summary

Jeetendra I. Patel, President and CPO of Cisco Systems (CSCO), reported an issuance of restricted stock units on 09/16/2025. The Form 4 shows an acquisition of 112,058 non‑derivative shares as a restricted stock unit award with no cash price recorded. After the grant, the report lists 349,462.986 shares beneficially owned. The RSUs vest in installments: 34% of the shares vest on November 10, 2026 and 8.25% quarterly thereafter. The filing was signed on behalf of Mr. Patel by an attorney‑in‑fact on 09/18/2025. This disclosure documents a standard equity award to an officer and provides the vesting schedule and updated beneficial ownership figures as required under Section 16.

Positive

• Officer awarded 112,058 RSUs, indicating alignment of executive compensation with shareholder value through equity incentives
• Vesting schedule disclosed: 34% vests on 11/10/2026 and 8.25% vests quarterly thereafter, providing clear timing for future share issuance
• Beneficial ownership increased to 349,462.986 shares, making the officer's stake and incentives transparent

Negative

• None.

Insights

Securities Analyst

TL;DR: Officer received 112,058 RSUs that vest over time, increasing reported beneficial ownership to 349,462.986 shares.

The Form 4 records a non‑derivative grant of restricted stock units to Jeetendra I. Patel, Cisco's President and CPO, with no cash consideration listed, which is typical for compensation awards. The disclosure specifies a clear vesting schedule: 34% on November 10, 2026 and 8.25% quarterly thereafter, which ties a substantial portion of future value to continued service. For investors, this is a routine insider compensation disclosure rather than a market‑moving transaction, but it does increase the officer's reported stake and aligns executive incentives with shareholder value over multiple future periods.

Corporate Governance Expert

TL;DR: The RSU grant follows standard compensation practice and includes an explicit multi‑period vesting schedule.

The filing provides required transparency on officer remuneration and beneficial ownership. The zero price and the vesting terms indicate these are restricted stock units granted as compensation rather than open‑market purchases. The precise vesting fractions and dates are disclosed, which supports assessment of potential dilution timing and incentive alignment. No departures from typical governance disclosure norms are evident in the form's content.

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^*

Patel Jeetendra I

(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)
	President and CPO

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		112,058(1)	A	$0	349,462.986	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)
				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/ Jeetendra I. Patel 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 Jeetendra I. Patel report on the Form 4 for CSCO?

The Form 4 reports an acquisition of 112,058 restricted stock units (RSUs) on 09/16/2025.

How many shares does Jeetendra I. Patel beneficially own after the reported transaction?

The filing shows 349,462.986 shares beneficially owned following the reported transaction.

What are the vesting terms for the RSU award reported by Patel?

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

Was any cash paid for the RSU award reported on this Form 4?

No cash price is recorded; the transaction is reported with a price of $0, consistent with compensation RSUs.

Who signed the Form 4 for Jeetendra I. Patel and when?

The Form 4 was signed on behalf of Jeetendra I. Patel by an attorney‑in‑fact on 09/18/2025.