Cisco Systems (CSCO) CEO withholds 15,656 shares to cover RSU tax

Rhea-AI Filing Summary

Cisco Systems Chair and CEO Charles Robbins reported a Form 4 transaction involving 15,655.948 shares of Cisco common stock on 2026-08-10. These shares were withheld to pay tax liabilities arising from the partial settlement of two restricted stock unit awards and associated dividend equivalents. The shares were valued at $121.43 per share for this tax-withholding event. After the transaction, Robbins directly holds 624,337.850 shares of Cisco common stock, including 52,788.293 dividend equivalents on vested deferred restricted stock units and 9,442.330 dividend equivalents on unvested restricted stock units, each equivalent to one share of Cisco common stock.

Insider Trade Summary

Net Seller: 15,655.948 shares

Net Sell 1 txn

Insider Robbins Charles

Role Chair and CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1, F2	15,655.948	$121.43	$1.90M

Holdings After Transaction: Common Stock — 624,337.85 shares (Direct)

Footnotes (2)

1. F1. Represents shares withheld for payment of tax liability arising as a result of the partial settlement of two (2) restricted stock unit awards originally reported by the reporting person in Forms 4 filed with the Commission on September 25, 2023 and September 23, 2024, and the partial settlement of dividend equivalents accrued on the restricted stock units.
2. F2. Includes 52,788.293 dividend equivalents accrued on vested deferred restricted stock units and 9,442.330 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.

Key Figures

Shares Withheld for Tax: 15,655.948 shares Withholding Price: $121.43 per share Shares Held After Transaction: 624,337.850 shares +2 more

5 metrics

Shares Withheld for Tax 15,655.948 shares Shares of Cisco common stock withheld on 2026-08-10 to pay tax liability

Withholding Price $121.43 per share Value used for the tax-withholding disposition of Cisco common stock

Shares Held After Transaction 624,337.850 shares Direct Cisco common stock holdings of Charles Robbins following the transaction

Dividend Equivalents on Vested RSUs 52,788.293 Dividend equivalents accrued on vested deferred restricted stock units

Dividend Equivalents on Unvested RSUs 9,442.330 Dividend equivalents accrued on unvested restricted stock units

Key Terms

restricted stock unit awards, dividend equivalents, vested deferred restricted stock units

3 terms

restricted stock unit awards financial

"Represents shares withheld for payment of tax liability arising as a result of the partial settlement of two (2) restricted stock unit awards"

Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.

dividend equivalents financial

"Includes 52,788.293 dividend equivalents accrued on vested deferred restricted stock units and 9,442.330 dividend equivalents"

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.

vested deferred restricted stock units financial

"Includes 52,788.293 dividend equivalents accrued on vested deferred restricted stock units and 9,442.330 dividend equivalents"

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/12/2026 - 05:46 PM Accepted by SEC EDGAR 08/12/2026 - 05:45 PM Learn about SEC filing dates

FAQ

What did Cisco (CSCO) CEO Charles Robbins report in this Form 4?

Charles Robbins reported 15,655.948 Cisco shares withheld on 2026-08-10 to pay tax liabilities from partial settlement of restricted stock unit awards and related dividend equivalents.

Was the Cisco (CSCO) Form 4 transaction a market sale of shares?

No. The Form 4 shows no open-market sale; 15,655.948 shares were withheld by Cisco at $121.43 per share specifically to cover the reporting person’s tax liability.

How many Cisco (CSCO) shares does Charles Robbins hold after this transaction?

After the tax-withholding event, Charles Robbins directly holds 624,337.850 shares of Cisco common stock, including dividend-equivalent units economically equivalent to Cisco shares.

What price per share was used for the Cisco (CSCO) tax-withholding shares?

The 15,655.948 shares withheld to pay tax liabilities were valued at $121.43 per share, as reported in the Form 4 transaction details for Cisco common stock.

What are dividend equivalents mentioned in the Cisco (CSCO) Form 4?

Dividend equivalents are amounts accrued on restricted stock units; the filing notes 52,788.293 on vested deferred RSUs and 9,442.330 on unvested RSUs, each economically equal to one Cisco share.

Were the Cisco (CSCO) Form 4 transactions made under a Rule 10b5-1 plan?

No. The Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes do not state that this tax-withholding event occurred under a 10b5-1 trading plan.

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)
08/10/2026

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	08/10/2026		F		15,655.948(1)	D	$121.43	624,337.85(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 shares withheld for payment of tax liability arising as a result of the partial settlement of two (2) restricted stock unit awards originally reported by the reporting person in Forms 4 filed with the Commission on September 25, 2023 and September 23, 2024, and the partial settlement of dividend equivalents accrued on the restricted stock units.

2. Includes 52,788.293 dividend equivalents accrued on vested deferred restricted stock units and 9,442.330 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	08/12/2026
	** 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)