Cisco (CSCO) director Daniel H. Schulman reports 3,481-share equity award

Rhea-AI Filing Summary

Cisco Systems, Inc. director Daniel H. Schulman reported an acquisition of company stock through equity compensation. On 12/16/2025, he received 3,481 shares of Cisco common stock at a price of $0, recorded as an acquisition. These shares come from a fully vested deferred restricted stock unit award that will settle in shares on, or as soon as practicable after, his "separation from service" to Cisco within the meaning of Section 409A of the Internal Revenue Code.

Following this transaction, Schulman beneficially owns 13,937.406 shares of Cisco common stock in direct form. This total includes 450.406 dividend equivalents that have accrued on vested deferred restricted stock units, with each dividend equivalent being the economic equivalent of one share of Cisco common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SCHULMAN DANIEL H

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,481	$0.00	--

Holdings After Transaction: Common Stock — 13,937.406 shares (Direct)

Footnotes (1)

1. Represents a fully vested deferred restricted stock unit award covering shares which will settle in shares on, or as soon as practicable after, the reporting person's "separation from service" to Cisco within the meaning of Section 409A of the Internal Revenue Code. Includes 450.406 dividend equivalents accrued on vested deferred restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.

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^*

SCHULMAN DANIEL H

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/16/2025

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	12/16/2025		A		3,481(1)	A	$0	13,937.406(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 a fully vested deferred restricted stock unit award covering shares which will settle in shares on, or as soon as practicable after, the reporting person's "separation from service" to Cisco within the meaning of Section 409A of the Internal Revenue Code.

2. Includes 450.406 dividend equivalents accrued on vested deferred restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.

Remarks:

Exhibit 24.1 - Power of Attorney

	/s/ Daniel H. Schulman by Jay Higdon, Attorney-in-Fact	12/18/2025
	** 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) director Daniel H. Schulman report?

Daniel H. Schulman reported acquiring 3,481 shares of Cisco common stock on 12/16/2025. The shares were acquired at a price of $0 through a fully vested deferred restricted stock unit award.

How many Cisco (CSCO) shares does Daniel H. Schulman beneficially own after this transaction?

After the reported transaction, Daniel H. Schulman beneficially owns 13,937.406 shares of Cisco common stock in direct form.

What is the nature of the equity award reported by the Cisco (CSCO) director?

The filing states that the 3,481 shares represent a fully vested deferred restricted stock unit award. These units will settle in shares on, or as soon as practicable after, Schulman’s "separation from service" to Cisco as defined under Section 409A of the Internal Revenue Code.

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

The filing notes that Schulman’s holdings include 450.406 dividend equivalents that have accrued on vested deferred restricted stock units. Each dividend equivalent is described as the economic equivalent of one share of Cisco common stock.

Was the Cisco (CSCO) Form 4 filed by one or multiple reporting persons?

The document indicates that the Form 4 was filed by one reporting person, Daniel H. Schulman.

What is Daniel H. Schulman’s relationship to Cisco (CSCO) as disclosed in the filing?

The filing identifies Daniel H. Schulman’s relationship to Cisco Systems, Inc. as a Director of the company.