Deborah L. Stahlkopf - Mar 10, 2025 Form 4 Insider Report for CISCO SYSTEMS, INC. (CSCO)

Signature
/s/ Deborah L. Stahlkopf by Jay Higdon, Attorney-in-Fact
Stock symbol
CSCO
Transactions as of
Mar 10, 2025
Transactions value $
-$273,204
Form type
4
Date filed
3/12/2025, 07:21 PM
Previous filing
Feb 24, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSCO Common Stock Tax liability -$99.8K -1.56K -0.78% $63.94 199K Mar 10, 2025 Direct F1, F2
transaction CSCO Common Stock Sale -$173K -2.86K -1.44% $60.71 196K Mar 12, 2025 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Represents shares withheld for payment of tax liability arising as a result of the partial settlement of a restricted stock unit award originally reported by the reporting person in Forms 4 filed with the Commission on September 22, 2021, and the partial settlement of dividend equivalents accrued on the restricted stock unit award.
F2 Includes 779 dividend equivalents accrued on vested deferred restricted stock units, 1,065 dividend equivalents accrued on unvested deferred restricted stock units and 5,892 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
F3 This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on November 15, 2024.
F4 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $60.32 to $61.02. 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.