Cisco Systems CEO receives 410,429 award shares

Available on EDGAR 11/12/2026 - 07:51 PM EST Accepted by SEC EDGAR 11/12/2026 - 07:50 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Cisco Systems, Inc. Chair and CEO Charles Robbins acquired 410,429 common shares in settlement of a performance-based restricted stock unit award on November 10, 2026, following satisfaction of performance metrics over the award’s three-year performance period; the settlement included dividend equivalents. The report also lists 227,039 shares withheld for tax liability at $98.65 per share, arising from settlements of the award and previously reported restricted stock unit awards.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Robbins Charles

Role Chair and CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1, F2	410,428.977	$0.00	$0.00
Tax Withholding	Common Stock F3, F4	227,039.045	$98.65	$22.40M

Holdings After Transaction: Common Stock — 956,178.884 shares (Direct)

Holdings Before and After: Common Stock, 772,788.952 to 956,178.884 shares (Direct)

Footnotes (4)

1. F1. Represents settlement of a performance-based restricted stock unit ("PRSU") award granted on September 21, 2023 resulting from the satisfaction of performance metrics during the three-year performance period and dividend equivalents accrued on such award.
2. F2. Includes 53,946.516 dividend equivalents accrued on vested deferred restricted stock units and 11,294.209 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
3. F3. Represents shares withheld for payment of tax liability arising as a result of the settlement of the PRSU award described in footnote 1, the partial settlement of three (3) restricted stock unit awards originally reported by the reporting person in Forms 4 filed with the Commission on September 25, 2023, September 23, 2024 and September 18, 2025, the settlement of dividend equivalents accrued on the PRSU award described in footnote 1, and the partial settlement of dividend equivalents accrued on the restricted stock unit awards.
4. F4. Includes 53,946.516 dividend equivalents accrued on vested deferred restricted stock units and 7,350.108 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.

Key Figures

PRSU settlement: 410,429 shares Shares withheld for tax liability: 227,039 shares Withholding price: $98.65 per share

3 metrics

PRSU settlement 410,429 shares Common shares acquired in settlement on November 10, 2026.

Shares withheld for tax liability 227,039 shares Shares withheld on November 10, 2026.

Withholding price $98.65 per share Price reported for shares withheld for tax liability on November 10, 2026.

Key Terms

performance-based restricted stock unit ("PRSU"), dividend equivalents

2 terms

performance-based restricted stock unit ("PRSU") technical

"settlement of a performance-based restricted stock unit ("PRSU") award"

dividend equivalents financial

"dividend equivalents accrued on such award"

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.

FAQ

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

How many shares did Cisco (CSCO) CEO Charles Robbins receive and have withheld?

Charles Robbins acquired 410,429 common shares in settlement of a performance-based restricted stock unit award on November 10, 2026. The report also lists 227,039 shares withheld for tax liability at $98.65 per share, arising from settlements of the award and previously reported restricted stock unit awards.

What was the CSCO performance-based stock award tied to?

The award, granted September 21, 2023, settled after performance metrics were satisfied during its three-year performance period. The reported settlement also included dividend equivalents accrued on the award.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Robbins Charles

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chair and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/10/2026		A		410,428.977(1)	A	$0	1,183,217.929(2)	D
Common Stock	11/10/2026		F		227,039.045(3)	D	$98.65	956,178.884(4)	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 settlement of a performance-based restricted stock unit ("PRSU") award granted on September 21, 2023 resulting from the satisfaction of performance metrics during the three-year performance period and dividend equivalents accrued on such award.

2. Includes 53,946.516 dividend equivalents accrued on vested deferred restricted stock units and 11,294.209 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.

3. Represents shares withheld for payment of tax liability arising as a result of the settlement of the PRSU award described in footnote 1, the partial settlement of three (3) restricted stock unit awards originally reported by the reporting person in Forms 4 filed with the Commission on September 25, 2023, September 23, 2024 and September 18, 2025, the settlement of dividend equivalents accrued on the PRSU award described in footnote 1, and the partial settlement of dividend equivalents accrued on the restricted stock unit awards.

4. Includes 53,946.516 dividend equivalents accrued on vested deferred restricted stock units and 7,350.108 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 Jeremy Erickson, Attorney-in-Fact	11/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)