Cisco (CSCO) CEO Charles Robbins executes Rule 10b5-1 stock sales

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Cisco Systems Chair and CEO Charles Robbins reported multiple open-market stock sales. On February 13, 2026, he sold Cisco common stock in four transactions: 4,800 shares at $74.117, 1,300 shares at $74.8538, 2,100 shares at $76.0295, and 11,345 shares at $76.9204.

The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 6, 2025. After these trades, Robbins directly beneficially owned about 671,095.2 Cisco shares, including dividend-equivalent units tied to deferred and unvested restricted stock.

Insider Trade Summary

Net Seller: 19,545 shares ($1,485,395)

Net Sell 4 txns

Insider Robbins Charles

Role Chair and CEO

Sold 19,545 shs ($1.49M)

Type	Security	Shares	Price	Value
Sale	Common Stock	4,800	$74.117	$356K
Sale	Common Stock	1,300	$74.8538	$97K
Sale	Common Stock	2,100	$76.0295	$160K
Sale	Common Stock	11,345	$76.9204	$873K

Holdings After Transaction: Common Stock — 685,840.2 shares (Direct)

Footnotes (1)

This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 6, 2025. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $73.49 to $74.46. 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. Includes 50,313.446 dividend equivalents accrued on vested deferred restricted stock units and 10,763.168 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $74.52 to $75.48. 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. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $75.53 to $76.50. 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. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $76.59 to $77.22. 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.

Form 4 Insider Transactions: What Each Field Means →

02/17/2026 - 06:35 PM

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

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)
02/13/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/13/2026		S⁽¹⁾		4,800	D	$74.117⁽²⁾	685,840.2⁽³⁾	D
Common Stock	02/13/2026		S⁽¹⁾		1,300	D	$74.8538⁽⁴⁾	684,540.2	D
Common Stock	02/13/2026		S⁽¹⁾		2,100	D	$76.0295⁽⁵⁾	682,440.2	D
Common Stock	02/13/2026		S⁽¹⁾		11,345	D	$76.9204⁽⁶⁾	671,095.2	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $73.49 to $74.46. 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 50,313.446 dividend equivalents accrued on vested deferred restricted stock units and 10,763.168 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 $74.52 to $75.48. 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 $75.53 to $76.50. 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.

6. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $76.59 to $77.22. 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	02/17/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Cisco (CSCO) report for Charles Robbins?

Cisco reported that Chair and CEO Charles Robbins sold Cisco common stock in several open-market transactions on February 13, 2026. The Form 4 details four separate sales, each with its own share count and weighted-average sale price per share.

How many Cisco (CSCO) shares did Charles Robbins sell on February 13, 2026?

Charles Robbins sold Cisco common stock in four tranches: 4,800 shares, 1,300 shares, 2,100 shares, and 11,345 shares. Each block was sold at a different weighted-average price, reflecting multiple trades within specified intraday price ranges.

At what prices did Charles Robbins sell his Cisco (CSCO) shares?

Robbins’ Cisco share sales used weighted-average prices of $74.117, $74.8538, $76.0295, and $76.9204 per share. Each weighted-average price reflects numerous individual trades executed within specified price ranges disclosed in the Form 4 footnotes.

Was the Cisco (CSCO) insider sale by Charles Robbins under a Rule 10b5-1 plan?

Yes. The Form 4 states that the reported transaction was effected under a Rule 10b5-1 trading plan adopted by Charles Robbins on March 6, 2025. Such plans pre-schedule trades to help separate trading decisions from later market developments.

How many Cisco (CSCO) shares does Charles Robbins own after these transactions?

Following the reported sales, Charles Robbins beneficially owned 671,095.2 Cisco shares directly. This figure includes dividend equivalents credited on vested deferred restricted stock units and on unvested restricted stock units, each equivalent to one share of Cisco common stock.

What do the Form 4 footnotes say about the Cisco (CSCO) sale price ranges?

The Form 4 explains that each reported weighted-average sale price represents many individual trades. For example, one tranche covers prices from $73.49 to $74.46, with similar specified ranges for the other tranches, and detailed trade breakdowns are available upon request.