Cisco Director Acquires More Shares, Opts for Stock Over Cash Compensation

Cisco Systems Director Kevin Weil reported insider trading activity on June 16, 2025.

Rhea-AI Filing Summary

Cisco Systems Director Kevin Weil reported insider trading activity on June 16, 2025. The transaction involved the acquisition of 148 shares of Common Stock at $65.51 per share through a deferred restricted stock unit award.

Key transaction details:

• The shares are fully vested but will only settle upon Weil's separation from service under Section 409A rules
• Following the transaction, Weil directly owns 2,476 shares
• Additionally holds 1,402.584 shares indirectly through a trust
• The award was granted in lieu of cash retainer fees for director services

The Form 4 was filed on June 28, 2025, with the transaction executed through an attorney-in-fact. This routine compensation-related acquisition aligns director interests with shareholders through equity-based payments.

Insider Trade Summary

Grant/Award: 148 shares

Grant/Award 2 txns

Insider Weil Kevin

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	148	$65.51	$10K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 2,476 shares (Direct); Common Stock — 1,402.584 shares (Indirect, By Trust)

Footnotes (1)

1. F1. Represents a fully vested deferred restricted stock unit award covering shares in lieu of the reporting person's cash retainer fees which will settle in shares on, or as soon as practicable after, the reporting person's "separation from service" to Cisco within the meaning of Section 409A of the Internal Revenue Code.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CSCO shares did Director Kevin Weil acquire on June 16, 2025?

According to the Form 4 filing, Director Kevin Weil acquired 148 shares of CSCO common stock on June 16, 2025, at a price of $65.51 per share. These shares were received as a fully vested deferred restricted stock unit award in lieu of cash retainer fees.

What is the total CSCO stock ownership of Director Kevin Weil after the June 2025 transaction?

Following the transaction, Kevin Weil owns 2,476 shares directly (D) and 1,402.584 shares indirectly (I) through a Trust, for a total beneficial ownership of 3,878.584 CSCO shares.

When will Kevin Weil's deferred CSCO stock units be settled?

According to the filing's explanatory notes, the deferred restricted stock units will settle in shares on, or as soon as practicable after, Weil's 'separation from service' from Cisco, as defined under Section 409A of the Internal Revenue Code.

What type of compensation arrangement does CSCO have with Director Kevin Weil?

The Form 4 reveals that CSCO compensates Director Kevin Weil with deferred restricted stock units in lieu of cash retainer fees, indicating an equity-based compensation structure for his board service.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/18/2025 - 05:11 PM EDT Learn about SEC filing dates

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^*

Weil Kevin

(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)
06/16/2025

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	06/16/2025		A		148(1)	A	$65.51	2,476	D
Common Stock								1,402.584	I	By Trust

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 fully vested deferred restricted stock unit award covering shares in lieu of the reporting person's cash retainer fees which will settle in shares on, or as soon as practicable after, the reporting person's "separation from service" to Cisco within the meaning of Section 409A of the Internal Revenue Code.

Remarks:

	/s/ Kevin Weil by Jay Higdon, Attorney-in-Fact	06/18/2025
	** 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.