STOCK TITAN

Cisco (NASDAQ: CSCO) CFO sells 5,192 shares in planned trades

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(Negative)
Form Type
4

Rhea-AI Filing Summary

CISCO SYSTEMS, INC. EVP and CFO Mark Patterson reported three open-market sales of Cisco common stock on August 14, 2026, totaling 5,192 shares. All sales were effected pursuant to a Rule 10b5-1 plan adopted on December 19, 2025. The transactions occurred at weighted average prices between $110.6009 and $112.5180, across trade ranges from $110.09 to $112.84. A footnote also states that current holdings include 1,786.851 dividend equivalents accrued on unvested restricted stock units, each economically equivalent to one Cisco share.

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Insider Patterson Mark
Role EVP and CFO
Sold 5,192 shs ($579K)
Type Security Shares Price Value
Sale Common Stock F1, F2, F3 904 $110.6009 $100K
Sale Common Stock F1, F4 3,788 $111.599 $423K
Sale Common Stock F1, F5 500 $112.518 $56K
Holdings After Transaction: Common Stock — 169,126.571 shares (Direct)
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 $110.09 to $111.03. 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 1,786.851 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 $112.11. 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 $112.26 to $112.84. 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.
Shares sold (total) 5,192 shares Aggregate non-derivative common stock sales reported for August 14, 2026
First transaction shares 904 shares Common stock sale on August 14, 2026 at weighted average price $110.6009
Second transaction shares 3,788 shares Common stock sale on August 14, 2026 at weighted average price $111.5990
Third transaction shares 500 shares Common stock sale on August 14, 2026 at weighted average price $112.5180
Price range first sale $110.09–$111.03 Range of prices for trades included in the 904-share weighted average sale
Price range second sale $111.14–$112.11 Range of prices for trades included in the 3,788-share weighted average sale
Price range third sale $112.26–$112.84 Range of prices for trades included in the 500-share weighted average sale
Dividend equivalents on RSUs 1,786.851 Dividend equivalents accrued on unvested restricted stock units, each equal to one Cisco share
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.
dividend equivalents financial
"Includes 1,786.851 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.
weighted average sales price per share financial
"Represents a weighted average sales price per share. These shares were"

FAQ

What insider transaction did CSCO EVP and CFO Mark Patterson report on August 14, 2026?

Mark Patterson reported selling 5,192 shares of Cisco common stock on August 14, 2026. These were three open-market transactions under a pre-established Rule 10b5-1 plan, each reported with weighted average sale prices and price ranges.

At what prices were the CSCO shares sold by EVP and CFO Mark Patterson?

The reported sales used weighted average prices of $110.6009, $111.5990, and $112.5180 per share. Footnotes state the underlying trades occurred in ranges from $110.09–$111.03, $111.14–$112.11, and $112.26–$112.84, respectively.

How many CSCO shares did Mark Patterson sell in each reported transaction?

Mark Patterson reported selling 904 shares, 3,788 shares, and 500 shares of Cisco common stock. All three transactions occurred on August 14, 2026 and are classified as open-market or private sales of non-derivative common stock.

Was Mark Patterson’s August 14, 2026 sale of CSCO stock under a Rule 10b5-1 plan?

Yes. A footnote states the transactions were effected under a Rule 10b5-1 plan adopted on December 19, 2025. This indicates the trades followed a pre-arranged trading plan rather than discretionary, same-day trading decisions.

What does the filing say about dividend equivalents on Mark Patterson’s CSCO RSUs?

The filing notes that his holdings include 1,786.851 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is described as the economic equivalent of one share of Cisco common stock, linked to those unvested RSUs.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP and CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/14/2026S(1)904D$110.6009(2)173,414.571(3)D
Common Stock08/14/2026S(1)3,788D$111.599(4)169,626.571D
Common Stock08/14/2026S(1)500D$112.518(5)169,126.571D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 $110.09 to $111.03. 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 1,786.851 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 $112.11. 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 $112.26 to $112.84. 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 Jeremy Erickson, Attorney-in-Fact08/17/2026
** Signature of Reporting PersonDate
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)