CSCO Form 4: PRSU settlement reported; tax shares withheld at $71.07

Rhea-AI Filing Summary

Cisco Systems (CSCO) insider transaction: President and CPO Jeetendra I. Patel reported equity movements dated 11/10/2025. He acquired 256,057.745 shares of common stock at $0 via settlement of two performance-based RSU awards granted on October 11, 2022, including dividend equivalents.

To cover taxes from these settlements and partial settlement of previously reported RSU awards, 161,166.608 shares were withheld at $71.07. Following these transactions, he beneficially owns 445,004.332 shares directly, plus 200 shares held indirectly by a trust. The holdings include 650.209 dividend equivalents accrued on unvested RSUs, each economically equivalent to one Cisco share.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Patel Jeetendra I

Role President and CPO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	256,057.745	$0.00	--
Tax Withholding	Common Stock	161,166.608	$71.07	$11.45M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 606,170.94 shares (Direct); Common Stock — 200 shares (Indirect, By Trust)

Footnotes (1)

1. Represents settlement of two (2) performance-based restricted stock unit ("PRSU") awards granted on October 11, 2022 resulting from the satisfaction of performance metrics during the three-year performance period and dividend equivalents accrued on such awards. Includes 650.209 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock. Represents shares withheld for payment of tax liability arising as a result of the settlement of the PRSU awards described in footnote 1, the partial settlement of four (4) restricted stock unit awards originally reported by the reporting person in a Form 3 filed with the Commission on May 20, 2025, and the settlement of dividend equivalents accrued on the PRSU awards described in footnote 1.

Form 4 Insider Transactions: What Each Field Means →

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^*

Patel Jeetendra I

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CPO

3. Date of Earliest Transaction (Month/Day/Year)
11/10/2025

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	11/10/2025		A		256,057.745(1)	A	$0	606,170.94(2)	D
Common Stock	11/10/2025		F		161,166.608(3)	D	$71.07	445,004.332	D
Common Stock								200	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 settlement of two (2) performance-based restricted stock unit ("PRSU") awards granted on October 11, 2022 resulting from the satisfaction of performance metrics during the three-year performance period and dividend equivalents accrued on such awards.

2. Includes 650.209 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 awards described in footnote 1, the partial settlement of four (4) restricted stock unit awards originally reported by the reporting person in a Form 3 filed with the Commission on May 20, 2025, and the settlement of dividend equivalents accrued on the PRSU awards described in footnote 1.

Remarks:

	/s/ Jeetendra I. Patel by Jeremy Erickson, Attorney-in-Fact	11/13/2025
	** 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 Cisco (CSCO) report in this Form 4?

The President and CPO, Jeetendra I. Patel, reported settlement of PRSU awards resulting in acquisition of 256,057.745 shares at $0 on 11/10/2025.

How many CSCO shares were withheld for taxes and at what price?

The filing shows 161,166.608 shares were withheld for taxes at $71.07.

What is the executive’s CSCO share ownership after the transactions?

Post-transaction beneficial ownership is 445,004.332 shares directly and 200 shares indirectly via a trust.

What awards led to the share acquisition for CSCO?

Two performance-based RSU (PRSU) awards granted on October 11, 2022 settled upon meeting performance metrics, including dividend equivalents.

How many dividend equivalents are included in the holdings?

Holdings include 650.209 dividend equivalents accrued on unvested RSUs, each equal to one share of Cisco common stock.