CSCO insider: 9,492.756 shares from PRSU; tax withheld at $71.07

Rhea-AI Filing Summary

Cisco Systems (CSCO) reported an insider equity transaction by SVP & Chief Accounting Officer Maria Victoria Wong on 11/10/2025. The filing shows the settlement of a performance-based RSU award, crediting 9,492.756 shares of common stock at $0. To cover taxes, 9,588.678 shares were withheld and reported as a disposition at a price of $71.07. After these transactions, her directly held stake is 43,285.818 shares.

The award reflects performance metrics over a two-year period and includes dividend equivalents; tax withholding also reflects partial settlement of prior RSU grants.

Insights

Corporate governance analyst

Routine award settlement with tax withholding; no open-market sale.

Cisco Systems disclosed a Form 4 showing a PRSU settlement that added 9,492.756 shares at $0, followed by tax withholding of 9,588.678 shares at $71.07. This is a standard equity award event.

The disposition is coded "F," indicating shares were withheld to satisfy tax obligations, not sold on the open market. After these entries on 11/10/2025, the officer directly holds 43,285.818 common shares.

These transactions are administrative in nature and typically neutral for the equity story.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Wong Maria Victoria

Role SVP & Chief Acctg Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	9,492.756	$0.00	--
Tax Withholding	Common Stock	9,588.678	$71.07	$681K

Holdings After Transaction: Common Stock — 52,874.496 shares (Direct)

Footnotes (1)

1. Represents settlement of a performance-based restricted stock unit ("PRSU") award granted on September 21, 2023 resulting from the satisfaction of performance metrics during the two-year performance period and dividend equivalents accrued on such award. Represents shares withheld for payment of tax liability arising as a result of the settlement of the PRSU award described in footnote 1, the partial settlement of five (5) restricted stock unit awards originally reported by the reporting person in a Form 3 filed with the Commission on August 4, 2023 and in Forms 4 filed with the Commission on September 25, 2023 and November 6, 2024, and the settlement of dividend equivalents accrued on the PRSU award 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^*

Wong Maria Victoria

(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)
	SVP & Chief Acctg Officer

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		9,492.756(1)	A	$0	52,874.496	D
Common Stock	11/10/2025		F		9,588.678(2)	D	$71.07	43,285.818	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 settlement of a performance-based restricted stock unit ("PRSU") award granted on September 21, 2023 resulting from the satisfaction of performance metrics during the two-year performance period and dividend equivalents accrued on such award.

2. Represents shares withheld for payment of tax liability arising as a result of the settlement of the PRSU award described in footnote 1, the partial settlement of five (5) restricted stock unit awards originally reported by the reporting person in a Form 3 filed with the Commission on August 4, 2023 and in Forms 4 filed with the Commission on September 25, 2023 and November 6, 2024, and the settlement of dividend equivalents accrued on the PRSU award described in footnote 1.

Remarks:

	/s/ Maria Victoria Wong 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 CSCO disclose in this Form 4?

An officer settled a performance-based RSU, acquiring 9,492.756 shares at $0, with tax withholding of 9,588.678 shares at $71.07.

Who is the reporting person in Cisco's (CSCO) Form 4?

SVP & Chief Accounting Officer Maria Victoria Wong.

What is the resulting ownership after the transactions?

Directly beneficially owned common stock totals 43,285.818 shares.

What does transaction code "F" indicate in the CSCO Form 4?

It indicates shares were withheld to pay taxes related to equity award settlement.

When did the transactions occur?

On 11/10/2025.

What was the price used for the tax withholding entry?

The disposition was recorded at $71.07 per share.

What triggered the share acquisition reported by CSCO?

Settlement of a performance-based RSU award, including dividend equivalents.