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[Form 4] Cisco Systems, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Cisco Systems EVP and CFO Richard Scott Herren reported insider trading activity through Form 4 filings on June 28, 2025. The transactions were executed according to a pre-established Rule 10b5-1 trading plan adopted on March 18, 2025.

Key transaction details:

  • Sold 15,478 shares at a weighted average price of $65.5141 per share on June 17, 2025
  • Disposed of additional 200 shares at a weighted average price of $66.085 per share on the same day
  • Following these transactions, Herren maintains beneficial ownership of 309,542.953 shares held directly

The remaining position includes dividend equivalents from various restricted stock units: 6,242 from vested deferred RSUs, 891 from unvested deferred RSUs, and 8,997 from unvested RSUs. Each dividend equivalent represents one share of Cisco common stock.

Richard Scott Herren, EVP e CFO di Cisco Systems, ha comunicato operazioni di insider trading tramite le dichiarazioni Form 4 il 28 giugno 2025. Le transazioni sono state eseguite secondo un piano di trading predefinito ai sensi della Regola 10b5-1, adottato il 18 marzo 2025.

Dettagli principali delle operazioni:

  • Vendute 15.478 azioni a un prezzo medio ponderato di 65,5141 $ per azione il 17 giugno 2025
  • Disposte ulteriori 200 azioni a un prezzo medio ponderato di 66,085 $ per azione nello stesso giorno
  • Dopo queste operazioni, Herren detiene la proprietà effettiva di 309.542,953 azioni direttamente

La posizione residua include equivalenti dividendi derivanti da diverse unità azionarie vincolate (RSU): 6.242 da RSU differite maturate, 891 da RSU differite non maturate e 8.997 da RSU non maturate. Ogni equivalente dividendo corrisponde a un'azione ordinaria Cisco.

Richard Scott Herren, EVP y CFO de Cisco Systems, informó sobre actividades de operaciones con información privilegiada mediante presentaciones del Formulario 4 el 28 de junio de 2025. Las transacciones se ejecutaron conforme a un plan de negociación establecido bajo la Regla 10b5-1, adoptado el 18 de marzo de 2025.

Detalles clave de las transacciones:

  • Vendió 15,478 acciones a un precio promedio ponderado de $65.5141 por acción el 17 de junio de 2025
  • Dispuso adicionalmente de 200 acciones a un precio promedio ponderado de $66.085 por acción ese mismo día
  • Tras estas operaciones, Herren mantiene la propiedad beneficiaria de 309,542.953 acciones en posesión directa

La posición restante incluye equivalentes a dividendos de varias unidades de acciones restringidas: 6,242 de RSU diferidas ya devengadas, 891 de RSU diferidas no devengadas y 8,997 de RSU no devengadas. Cada equivalente a dividendo representa una acción común de Cisco.

Cisco Systems의 EVP 겸 CFO Richard Scott Herren은 2025년 6월 28일 Form 4 신고를 통해 내부자 거래 활동을 보고했습니다. 이 거래는 2025년 3월 18일 채택된 사전 설정된 Rule 10b5-1 거래 계획에 따라 실행되었습니다.

주요 거래 내역:

  • 2025년 6월 17일, 주당 가중 평균 가격 $65.514115,478주 매도
  • 같은 날, 주당 가중 평균 가격 $66.085에 추가로 200주 처분
  • 이 거래 이후 Herren은 직접 보유한 309,542.953주의 실질 소유권을 유지하고 있습니다

잔여 보유 주식에는 다양한 제한 주식 단위(RSU)에서 발생한 배당금 상당 주식이 포함되어 있습니다: 기성된 이연 RSU 6,242주, 미기성 이연 RSU 891주, 미기성 RSU 8,997주. 각 배당금 상당 주식은 Cisco 보통주 1주에 해당합니다.

Richard Scott Herren, EVP et CFO de Cisco Systems, a déclaré une activité d’initié via les formulaires 4 le 28 juin 2025. Les transactions ont été réalisées conformément à un plan de trading préétabli selon la règle 10b5-1, adopté le 18 mars 2025.

Détails clés des transactions :

  • Vente de 15 478 actions à un prix moyen pondéré de 65,5141 $ par action le 17 juin 2025
  • Disposition supplémentaire de 200 actions au prix moyen pondéré de 66,085 $ par action le même jour
  • Après ces transactions, Herren conserve la propriété bénéficiaire de 309 542,953 actions détenues directement

La position restante comprend des équivalents dividendes provenant de diverses unités d’actions restreintes : 6 242 provenant d’unités différées acquises, 891 d’unités différées non acquises et 8 997 d’unités non acquises. Chaque équivalent dividende correspond à une action ordinaire de Cisco.

Richard Scott Herren, EVP und CFO von Cisco Systems, meldete Insiderhandelstätigkeiten durch Form 4-Meldungen am 28. Juni 2025. Die Transaktionen wurden gemäß einem vorab festgelegten Rule 10b5-1 Handelsplan durchgeführt, der am 18. März 2025 angenommen wurde.

Wichtige Transaktionsdetails:

  • Verkauf von 15.478 Aktien zu einem gewichteten Durchschnittspreis von 65,5141 $ pro Aktie am 17. Juni 2025
  • Veräußerung weiterer 200 Aktien zu einem gewichteten Durchschnittspreis von 66,085 $ pro Aktie am selben Tag
  • Nach diesen Transaktionen hält Herren weiterhin den wirtschaftlichen Eigentum an 309.542,953 Aktien, die direkt gehalten werden

Die verbleibende Position umfasst Dividendenäquivalente aus verschiedenen Restricted Stock Units (RSUs): 6.242 aus erworbenen aufgeschobenen RSUs, 891 aus nicht erworbenen aufgeschobenen RSUs und 8.997 aus nicht erworbenen RSUs. Jeder Dividendenäquivalent entspricht einer Cisco-Stammaktie.

Positive
  • None.
Negative
  • None.

Richard Scott Herren, EVP e CFO di Cisco Systems, ha comunicato operazioni di insider trading tramite le dichiarazioni Form 4 il 28 giugno 2025. Le transazioni sono state eseguite secondo un piano di trading predefinito ai sensi della Regola 10b5-1, adottato il 18 marzo 2025.

Dettagli principali delle operazioni:

  • Vendute 15.478 azioni a un prezzo medio ponderato di 65,5141 $ per azione il 17 giugno 2025
  • Disposte ulteriori 200 azioni a un prezzo medio ponderato di 66,085 $ per azione nello stesso giorno
  • Dopo queste operazioni, Herren detiene la proprietà effettiva di 309.542,953 azioni direttamente

La posizione residua include equivalenti dividendi derivanti da diverse unità azionarie vincolate (RSU): 6.242 da RSU differite maturate, 891 da RSU differite non maturate e 8.997 da RSU non maturate. Ogni equivalente dividendo corrisponde a un'azione ordinaria Cisco.

Richard Scott Herren, EVP y CFO de Cisco Systems, informó sobre actividades de operaciones con información privilegiada mediante presentaciones del Formulario 4 el 28 de junio de 2025. Las transacciones se ejecutaron conforme a un plan de negociación establecido bajo la Regla 10b5-1, adoptado el 18 de marzo de 2025.

Detalles clave de las transacciones:

  • Vendió 15,478 acciones a un precio promedio ponderado de $65.5141 por acción el 17 de junio de 2025
  • Dispuso adicionalmente de 200 acciones a un precio promedio ponderado de $66.085 por acción ese mismo día
  • Tras estas operaciones, Herren mantiene la propiedad beneficiaria de 309,542.953 acciones en posesión directa

La posición restante incluye equivalentes a dividendos de varias unidades de acciones restringidas: 6,242 de RSU diferidas ya devengadas, 891 de RSU diferidas no devengadas y 8,997 de RSU no devengadas. Cada equivalente a dividendo representa una acción común de Cisco.

Cisco Systems의 EVP 겸 CFO Richard Scott Herren은 2025년 6월 28일 Form 4 신고를 통해 내부자 거래 활동을 보고했습니다. 이 거래는 2025년 3월 18일 채택된 사전 설정된 Rule 10b5-1 거래 계획에 따라 실행되었습니다.

주요 거래 내역:

  • 2025년 6월 17일, 주당 가중 평균 가격 $65.514115,478주 매도
  • 같은 날, 주당 가중 평균 가격 $66.085에 추가로 200주 처분
  • 이 거래 이후 Herren은 직접 보유한 309,542.953주의 실질 소유권을 유지하고 있습니다

잔여 보유 주식에는 다양한 제한 주식 단위(RSU)에서 발생한 배당금 상당 주식이 포함되어 있습니다: 기성된 이연 RSU 6,242주, 미기성 이연 RSU 891주, 미기성 RSU 8,997주. 각 배당금 상당 주식은 Cisco 보통주 1주에 해당합니다.

Richard Scott Herren, EVP et CFO de Cisco Systems, a déclaré une activité d’initié via les formulaires 4 le 28 juin 2025. Les transactions ont été réalisées conformément à un plan de trading préétabli selon la règle 10b5-1, adopté le 18 mars 2025.

Détails clés des transactions :

  • Vente de 15 478 actions à un prix moyen pondéré de 65,5141 $ par action le 17 juin 2025
  • Disposition supplémentaire de 200 actions au prix moyen pondéré de 66,085 $ par action le même jour
  • Après ces transactions, Herren conserve la propriété bénéficiaire de 309 542,953 actions détenues directement

La position restante comprend des équivalents dividendes provenant de diverses unités d’actions restreintes : 6 242 provenant d’unités différées acquises, 891 d’unités différées non acquises et 8 997 d’unités non acquises. Chaque équivalent dividende correspond à une action ordinaire de Cisco.

Richard Scott Herren, EVP und CFO von Cisco Systems, meldete Insiderhandelstätigkeiten durch Form 4-Meldungen am 28. Juni 2025. Die Transaktionen wurden gemäß einem vorab festgelegten Rule 10b5-1 Handelsplan durchgeführt, der am 18. März 2025 angenommen wurde.

Wichtige Transaktionsdetails:

  • Verkauf von 15.478 Aktien zu einem gewichteten Durchschnittspreis von 65,5141 $ pro Aktie am 17. Juni 2025
  • Veräußerung weiterer 200 Aktien zu einem gewichteten Durchschnittspreis von 66,085 $ pro Aktie am selben Tag
  • Nach diesen Transaktionen hält Herren weiterhin den wirtschaftlichen Eigentum an 309.542,953 Aktien, die direkt gehalten werden

Die verbleibende Position umfasst Dividendenäquivalente aus verschiedenen Restricted Stock Units (RSUs): 6.242 aus erworbenen aufgeschobenen RSUs, 891 aus nicht erworbenen aufgeschobenen RSUs und 8.997 aus nicht erworbenen RSUs. Jeder Dividendenäquivalent entspricht einer Cisco-Stammaktie.

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).
X
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*
Herren Richard Scott

(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)
EVP and CFO
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025
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 06/17/2025 S(1) 15,478 D $65.5141(2) 309,742.953(3) D
Common Stock 06/17/2025 S(1) 200 D $66.085(4) 309,542.953 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. This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 18, 2025.
2. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $65.05 to $66.04. 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 6,242 dividend equivalents accrued on vested deferred restricted stock units, 891 dividend equivalents accrued on unvested deferred restricted stock units, and 8,997 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 $66.05 to $66.12. 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/ Richard Scott Herren by Jay Higdon, Attorney-in-Fact 06/20/2025
** 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

How many CSCO shares did CFO Richard Scott Herren sell on June 17, 2025?

CFO Richard Scott Herren sold a total of 15,678 shares of Cisco Systems (CSCO) on June 17, 2025, consisting of 15,478 shares at an average price of $65.5141 and 200 shares at an average price of $66.085.

What is the current CSCO stock ownership of CFO Richard Herren after the June 2025 transactions?

Following the reported transactions, Richard Herren beneficially owns 309,542.953 shares of Cisco Systems stock. This includes 6,242 dividend equivalents on vested deferred RSUs, 891 dividend equivalents on unvested deferred RSUs, and 8,997 dividend equivalents on unvested RSUs.

Was CSCO CFO Herren's June 2025 stock sale part of a 10b5-1 trading plan?

Yes, the stock sales were executed pursuant to a Rule 10b5-1 trading plan that was adopted by Richard Herren on March 18, 2025.

What was the price range of CSCO shares sold by CFO Herren in June 2025?

The shares were sold in multiple transactions at two price ranges: 15,478 shares were sold at prices ranging from $65.05 to $66.04, and 200 shares were sold at prices ranging from $66.05 to $66.12.
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