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Cisco (CSCO) director granted 383 fully vested shares as fee compensation

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Form Type
4

Rhea-AI Filing Summary

JOHNSON KRISTINA M reported acquisition or exercise transactions in this Form 4 filing.

Cisco Systems director Kristina M. Johnson received a stock award of 383 shares of common stock on March 16, 2026. This grant was given in lieu of her cash retainer fees and was fully vested on the grant date, meaning she gained immediate ownership.

After this award, Johnson directly holds 62,355.393 shares of Cisco common stock, which includes 10,658.393 dividend equivalents that accrued on vested deferred restricted stock units. Each dividend equivalent represents the economic value of one Cisco share, increasing the total value of her equity-based compensation.

Positive

  • None.

Negative

  • None.
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*
JOHNSON KRISTINA M

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026
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 03/16/2026 A 383(1) A $78.9 62,355.393(2) 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 a stock award covering shares in lieu of the reporting person's cash retainer fees, which is fully vested on the date of grant.
2. Includes 10,658.393 dividend equivalents accrued on vested deferred restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
Remarks:
/s/ Kristina M. Johnson by Jeremy Erickson, Attorney-in-Fact 03/17/2026
** 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.

FAQ

What did Cisco (CSCO) director Kristina M. Johnson report in this Form 4?

Kristina M. Johnson reported receiving a stock award of 383 Cisco common shares on March 16, 2026. The shares were granted in lieu of her cash retainer fees and were fully vested immediately, reflecting routine director equity compensation.

How many Cisco (CSCO) shares does Kristina M. Johnson hold after this transaction?

After the award, Kristina M. Johnson directly holds 62,355.393 Cisco shares. This total includes common stock plus 10,658.393 dividend equivalents on vested deferred restricted stock units, each equivalent representing the economic value of one share of Cisco common stock.

Was the Cisco (CSCO) stock award to Kristina M. Johnson part of her cash fees?

Yes. The 383-share stock award represents shares granted in lieu of Kristina M. Johnson’s cash retainer fees as a director. Instead of receiving cash, she accepted fully vested Cisco common stock as compensation for board service.

At what price was Kristina M. Johnson’s Cisco (CSCO) stock award valued?

The 383 Cisco shares in the award were valued at $78.90 per share. This per-share value is used to measure the grant’s size for reporting purposes and does not necessarily indicate any open-market purchase or sale by the director.

What are the dividend equivalents reported in Kristina M. Johnson’s Cisco (CSCO) holdings?

Her total includes 10,658.393 dividend equivalents accrued on vested deferred restricted stock units. Each dividend equivalent is the economic equivalent of one Cisco common share, effectively tracking the value of dividends as if shares were held directly.

Did Kristina M. Johnson buy or sell Cisco (CSCO) shares on the open market in this Form 4?

No open-market trade is reported. The Form 4 shows an “A” code transaction, a grant or award of 383 shares as director compensation, fully vested on grant, rather than a discretionary market purchase or sale.
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