CSCO CFO updates holdings: 277,812.684 shares after PRSU settlement

Rhea-AI Filing Summary

Cisco Systems (CSCO) EVP and CFO reported insider equity transactions on 11/10/2025. The filing shows an acquisition of 74,492.385 shares of common stock at $0 from the settlement of two performance-based RSU awards granted on October 11, 2022, including dividend equivalents accrued on those awards.

The report also shows 44,713.952 shares withheld at $71.07 to cover taxes tied to the PRSU settlements and partial settlement of four RSU awards. Following these transactions, the officer beneficially owned 277,812.684 shares directly. The ownership total includes 520.165 dividend equivalents accrued on unvested RSUs, each equivalent to one share of Cisco common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Patterson Mark

Role EVP and CFO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	74,492.385	$0.00	--
Tax Withholding	Common Stock	44,713.952	$71.07	$3.18M

Holdings After Transaction: Common Stock — 322,526.636 shares (Direct)

Footnotes (1)

1. Represents settlement of two (2) performance-based restricted stock unit ("PRSU") awards granted on October 11, 2022 resulting from the satisfaction of performance metrics during the three-year performance period and dividend equivalents accrued on such awards. Includes 520.165 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock. Represents shares withheld for payment of tax liability arising as a result of the settlement of the PRSU awards described in footnote 1, the partial settlement of four (4) restricted stock unit awards originally reported by the reporting person in a Form 3 filed with the Commission on August 8, 2025, and the settlement of dividend equivalents accrued on the PRSU awards described in footnote 1.

Form 4 Insider Transactions: What Each Field Means →

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^*

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)
11/10/2025

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	11/10/2025		A		74,492.385(1)	A	$0	322,526.636(2)	D
Common Stock	11/10/2025		F		44,713.952(3)	D	$71.07	277,812.684	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. Represents settlement of two (2) performance-based restricted stock unit ("PRSU") awards granted on October 11, 2022 resulting from the satisfaction of performance metrics during the three-year performance period and dividend equivalents accrued on such awards.

2. Includes 520.165 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.

3. Represents shares withheld for payment of tax liability arising as a result of the settlement of the PRSU awards described in footnote 1, the partial settlement of four (4) restricted stock unit awards originally reported by the reporting person in a Form 3 filed with the Commission on August 8, 2025, and the settlement of dividend equivalents accrued on the PRSU awards described in footnote 1.

Remarks:

	/s/ Mark Patterson by Jeremy Erickson, Attorney-in-Fact	11/13/2025
	** 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 Cisco (CSCO) disclose in this Form 4?

The EVP and CFO reported insider transactions on 11/10/2025, including PRSU settlements and tax-withholding share reductions.

How many CSCO shares were acquired and at what price?

The filing shows 74,492.385 shares acquired at $0 from PRSU settlements granted on October 11, 2022.

How many CSCO shares were withheld for taxes and at what price?

The report shows 44,713.952 shares withheld at $71.07 to satisfy tax obligations related to the settlements.

What is the CSCO officer’s beneficial ownership after the transactions?

Following the transactions, the officer beneficially owned 277,812.684 shares directly.

What dividend equivalents are noted in the filing for CSCO?

The ownership includes 520.165 dividend equivalents accrued on unvested RSUs, each equal to one share of common stock.

What type of awards were settled in the CSCO Form 4?

Two performance-based RSU (PRSU) awards granted on October 11, 2022, with settlement based on three-year performance metrics.