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[Form 4] CISCO SYSTEMS, INC. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Cisco Systems (CSCO) executive Mark Patterson, EVP and CFO, reported an automatic share withholding related to equity compensation. On 11/21/2025, 2,626 shares of Cisco common stock were withheld at a price of $76.1 per share to cover taxes due upon the early vesting of an equal number of restricted stock units when he became retirement eligible. Following this tax withholding, Patterson beneficially owned 206,270.684 shares directly, which includes 520.165 dividend equivalents on unvested restricted stock units, with each dividend equivalent economically equal to one share of Cisco common stock. This Form 4 reflects an administrative tax event rather than an open-market trade.

Positive

  • None.

Negative

  • None.
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*
Patterson Mark

(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)
11/21/2025
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 11/21/2025 F 2,626(1) D $76.1 206,270.684(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. This transaction involved the withholding of 2,626 shares of stock issuable upon the early vesting of an equal number of restricted stock units to pay taxes associated with the reporting person becoming retirement eligible.
2. Includes 520.165 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
Remarks:
/s/ Mark Patterson by Jeremy Erickson, Attorney-in-Fact 11/24/2025
** 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 insider transaction did Cisco (CSCO) report for its EVP and CFO on this Form 4?

The Form 4 reports that EVP and CFO Mark Patterson had 2,626 shares of Cisco common stock withheld on 11/21/2025 to cover taxes associated with the early vesting of an equal number of restricted stock units when he became retirement eligible.

Was the Cisco (CSCO) insider transaction an open-market buy or sell?

No. The transaction was coded as "F," meaning shares were withheld by the issuer to pay taxes on vested equity awards, rather than being bought or sold in the open market.

How many Cisco (CSCO) shares does the EVP and CFO beneficially own after the reported transaction?

After the tax withholding transaction, Mark Patterson beneficially owned 206,270.684 shares of Cisco common stock directly.

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

The filing states that Patterson's holdings include 520.165 dividend equivalents accrued on unvested restricted stock units, with each dividend equivalent being the economic equivalent of one share of Cisco common stock.

Why were 2,626 Cisco (CSCO) shares withheld from the EVP and CFO?

The 2,626 shares were withheld to pay taxes due upon the early vesting of an equal number of restricted stock units when Mark Patterson became retirement eligible.

What is the role of the reporting person in Cisco (CSCO)?

The reporting person, Mark Patterson, is an officer of Cisco Systems, Inc., serving as Executive Vice President (EVP) and Chief Financial Officer (CFO).

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Communication Equipment
Computer Communications Equipment
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United States
SAN JOSE