[Form 4] CISCO SYSTEMS, INC. Insider Trading Activity

Rhea-AI Filing Summary

Charles Robbins, Chair and CEO of Cisco Systems, acquired 190,050 restricted stock units on 09/16/2025 as reported on Form 4. The award was reported at a price of $0 and vests in installments: 34% of the shares vest on November 10, 2026 and 8.25% of the shares vest quarterly thereafter. After the transaction, the filing reports beneficial ownership of 829,054.214 shares, which includes 47,007.773 dividend equivalents accrued on vested deferred restricted stock units and 14,252.689 dividend equivalents accrued on unvested restricted stock units. The form was signed on behalf of Mr. Robbins by an attorney-in-fact on 09/18/2025.

Positive

• Award disclosed clearly: 190,050 restricted stock units granted on 09/16/2025 at $0
• Vesting schedule specified: 34% vesting on 11/10/2026 and 8.25% vesting quarterly thereafter
• Beneficial ownership detail: 829,054.214 shares reported, including dividend equivalents

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: CEO received a sizeable RSU grant with a multi-step vesting schedule, increasing reported beneficial ownership.

The Form 4 shows a non-cash grant of 190,050 restricted stock units to Charles Robbins on 09/16/2025 reported at $0, with a defined vesting schedule that begins with a 34% tranche on November 10, 2026 and quarterly vesting thereafter at 8.25% per tranche. Post-transaction beneficial ownership is reported as 829,054.214 shares, including dividend equivalents on both vested deferred and unvested RSUs. This filing documents equity-based compensation and the mechanics of how many economic equivalents are counted toward beneficial ownership.

Executive Compensation Analyst

TL;DR: The disclosure details an RSU award and precise vesting installments, clarifying the composition of reported beneficial ownership.

The entry specifies the grant type (restricted stock units), the exact share count (190,050), the vesting timetable (34% on 11/10/2026 then 8.25% quarterly) and that dividend equivalents are included in the total beneficial ownership figure. The filing is procedural and confirms the calculation of shares and dividend equivalents used in the ownership total.

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).

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)
09/16/2025

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	09/16/2025		A		190,050(1)	A	$0	829,054.214(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 restricted stock unit award that vests in installments, with thirty-four percent (34%) of the shares vesting on November 10, 2026 and eight-and-one-quarter percent (8.25%) of the shares vesting quarterly thereafter.

2. Includes 47,007.773 dividend equivalents accrued on vested deferred restricted stock units and 14,252.689 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.

Remarks:

	/s/ Charles Robbins by Jay Higdon, Attorney-in-Fact	09/18/2025
	** 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 (CSCO) acquire on 09/16/2025?

He was granted 190,050 restricted stock units, reported on Form 4 with a transaction date of 09/16/2025.

What is the vesting schedule for the RSU award reported by Charles Robbins?

The award vests 34% on November 10, 2026 and 8.25% of the shares vest quarterly thereafter.

How many shares does Charles Robbins beneficially own after the transaction?

The filing reports 829,054.214 shares beneficially owned following the reported transaction.

Does the beneficial ownership include dividend equivalents?

Yes. It includes 47,007.773 dividend equivalents on vested deferred RSUs and 14,252.689 dividend equivalents on unvested RSUs.

At what price were the restricted stock units reported?

The transaction is reported at a price of $0.