[Form 4] Cisco Systems, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Cisco Systems director and CEO Charles Robbins reported sales of 30,557 shares of Cisco common stock on 08/15/2025 under a pre-established Rule 10b5-1 trading plan. The sales occurred in three blocks with weighted average prices of $66.1868, $67.199, and $68.4671, respectively. After these transactions the reporting person beneficially owned 638,999.752 shares. The filing discloses that the position totals include dividend equivalents from vested and unvested restricted stock units, and the transactions were reported on Form 4 with a signature dated 08/19/2025.

Positive

• Transactions executed under a documented Rule 10b5-1 plan, enhancing compliance clarity
• Filing discloses dividend equivalents (47,007 on vested RSUs and 14,249 on unvested RSUs) included in beneficial ownership

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Executed routine insider sales under a documented 10b5-1 plan; disclosure is timely and details dividend-equivalent share treatment.

The filing shows the CEO followed a Rule 10b5-1 plan adopted March 6, 2025, which provides an affirmative defense for trades made according to a pre-set schedule. The report itemizes three separate sales on 08/15/2025 with weighted average prices disclosed and confirms the inclusion of 61,256 dividend equivalents in the reported share totals. From a governance perspective, transparent disclosure of the plan and the dividend-equivalent treatment strengthens compliance documentation and reduces information asymmetry for shareholders.

Securities Analyst

TL;DR: Insider sold 30,557 shares across three transactions at mid-$60 prices; post-sale beneficial ownership remains ~639k shares.

The Form 4 provides clear transactional detail: 18,370 shares sold at a $66.1868 weighted average, 11,200 at $67.199, and 987 at $68.4671. The filing also quantifies dividend equivalents contributing to the beneficial ownership total. These disclosures allow investors and regulators to reconcile changes in insider holdings without ambiguity. No derivative transactions were reported.

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^*

Robbins Charles

(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
X	Officer (give title below)		Other (specify below)
	Chair and CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

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	08/15/2025		S(1)		18,370	D	$66.1868(2)	651,186.752(3)	D
Common Stock	08/15/2025		S(1)		11,200	D	$67.199(4)	639,986.752	D
Common Stock	08/15/2025		S(1)		987	D	$68.4671(5)	638,999.752	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. This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 6, 2025.

2. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $65.88 to $66.86. 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 47,007 dividend equivalents accrued on vested deferred restricted stock units and 14,249 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 $66.88 to $67.71. 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 $67.92 to $68.65. 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/ Charles Robbins by Jay Higdon, Attorney-in-Fact	08/19/2025
	** 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 Charles Robbins report on Form 4 for CSCO?

He reported sales of 30,557 shares of Cisco common stock executed on 08/15/2025 and filed the Form 4 signed on 08/19/2025.

Were the sales made under a trading plan for CSCO insider Charles Robbins?

Yes. The filing states the transactions were effected pursuant to a Rule 10b5-1 plan adopted March 6, 2025.

What prices were the Cisco shares sold at in this Form 4?

The filing reports weighted average sale prices of $66.1868, $67.199, and $68.4671 for the three reported blocks.

How many Cisco shares did the reporting person own after the reported transactions?

The reporting person beneficially owned 638,999.752 shares following the reported sales.

Does the Form 4 mention dividend equivalents related to the reported ownership?

Yes. It discloses 47,007 dividend equivalents on vested deferred RSUs and 14,249 dividend equivalents on unvested RSUs included in the ownership total.