Cisco (NASDAQ: CSCO) product chief sells 7,170 shares

Rhea-AI Filing Summary

Cisco Systems executive Jeetendra I. Patel, President and CPO, reported open-market sales of Cisco common stock under a pre-arranged Rule 10b5-1 plan. On August 14, 2026, he sold a total of 7,170 shares in multiple tranches at weighted-average prices between $110.64 and $113.51, each tranche itself covering ranges disclosed in the footnotes. The filing also reports 200 shares of Cisco stock held indirectly by a trust after the reported transactions.

Insider Trade Summary 10b5-1

Net Seller: 7,170 shares

Net Sell 5 txns

Insider Patel Jeetendra I

Role President and CPO

Sold 7,170 shs ($800K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F2, F3	1,300	$110.6415	$144K
Sale	Common Stock F1, F4	4,870	$111.5793	$543K
Sale	Common Stock F1, F5	900	$112.6133	$101K
Sale	Common Stock F1	100	$113.51	$11K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 230,593.244 shares (Direct); Common Stock — 200 shares (Indirect, By Trust)

Footnotes (5)

1. F1. This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 19, 2025.
2. F2. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $110.14 to $111.06. 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. F3. Includes 2,233.572 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
4. F4. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $111.14 to $111.93. 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. F5. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $112.18 to $113.09. 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.

Key Figures

Total shares sold: 7,170 shares Tranche 1 shares: 1,300 shares Tranche 2 shares: 4,870 shares +5 more

8 metrics

Total shares sold 7,170 shares Aggregate net shares sold in reported non-derivative transactions on August 14, 2026

Tranche 1 shares 1,300 shares Common stock sold at a weighted-average price of $110.6415 on August 14, 2026

Tranche 2 shares 4,870 shares Common stock sold at a weighted-average price of $111.5793 on August 14, 2026

Tranche 3 shares 900 shares Common stock sold at a weighted-average price of $112.6133 on August 14, 2026

Tranche 4 shares 100 shares Common stock sold at a price of $113.5100 on August 14, 2026

Indirect trust holdings 200 shares Common stock held indirectly by trust after the reported transactions

Dividend equivalents on RSUs 2,233.572 Dividend equivalents accrued on unvested restricted stock units, economically equivalent to Cisco shares

10b5-1 plan adoption date December 19, 2025 Date on which Patel adopted the Rule 10b5-1 trading plan governing these sales

Key Terms

Rule 10b5-1 plan, weighted average sales price per share, dividend equivalents, restricted stock units, +1 more

5 terms

Rule 10b5-1 plan regulatory

"This transaction was effected pursuant to a Rule 10b5-1 plan adopted"

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

weighted average sales price per share financial

"Represents a weighted average sales price per share. These shares were sold"

dividend equivalents financial

"Includes 2,233.572 dividend equivalents accrued on unvested restricted"

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.

restricted stock units financial

"Includes 2,233.572 dividend equivalents accrued on unvested restricted"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

indirect ownership financial

"Common Stock entry with ownership type marked as indirect, By Trust"

FAQ

What insider transaction did CSCO executive Jeetendra I. Patel report?

Jeetendra I. Patel reported open-market sales of Cisco common stock totaling several thousand shares on August 14, 2026. The transactions were executed in multiple tranches at different weighted-average prices, with detailed price ranges provided in accompanying footnotes.

How many CSCO shares did Jeetendra I. Patel sell and at what prices?

Patel sold 7,170 shares of Cisco common stock in four tranches at weighted-average prices of about $110.64, $111.58, $112.61, and $113.51. Footnotes state each average covers trades within specified price ranges around those levels.

Were Jeetendra I. Patel’s CSCO stock sales under a Rule 10b5-1 plan?

Yes. A footnote states the transactions were effected pursuant to a Rule 10b5-1 plan adopted by Patel on December 19, 2025. Such plans allow pre-scheduled trading, which can reduce the informational value of the timing of these sales.

Does the Form 4 show any CSCO shares held indirectly by Jeetendra I. Patel?

Yes. The filing reports 200 shares of Cisco common stock held indirectly “By Trust.” This line is presented as a holding entry, separate from the reported open-market sales, and reflects an indirect ownership position.

What do the weighted-average price footnotes mean in the CSCO Form 4?

The footnotes explain each reported price is a weighted average of multiple trades within a specific price range. Patel has agreed to provide regulators or Cisco shareholders, upon request, detailed breakdowns of the number of shares sold at each individual price.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/17/2026 - 05:28 PM Accepted by SEC EDGAR 08/17/2026 - 05:28 PM Learn about SEC filing dates

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^*

Patel Jeetendra I

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CPO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/14/2026		S(1)		1,300	D	$110.6415(2)	236,463.244(3)	D
Common Stock	08/14/2026		S(1)		4,870	D	$111.5793(4)	231,593.244	D
Common Stock	08/14/2026		S(1)		900	D	$112.6133(5)	230,693.244	D
Common Stock	08/14/2026		S(1)		100	D	$113.51	230,593.244	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. This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 19, 2025.

2. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $110.14 to $111.06. 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 2,233.572 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 $111.14 to $111.93. 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 $112.18 to $113.09. 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 Jeremy Erickson, Attorney-in-Fact	08/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)