Cisco Systems Chair & CEO Charles Robbins Receives RSU Grant of 167,069 Shares
CISCO SYSTEMS, INC.
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Filing Summary
Cisco Systems, Inc. ($CSCO) Insider: Charles Robbins (Chair and CEO) Transaction: Grant / Award (Code A) Shares Granted: 167,069 Common Stock ($0.00) Post-Transaction Holdings: 769,778.85 shares Date: September 16, 2026
Comprehensive Analysis
Executive Summary
On September 18, 2026, Cisco Systems, Inc. ($CSCO) filed a Form 4 disclosing an equity compensation award to Chair and Chief Executive Officer Charles Robbins. On September 16, 2026, Mr. Robbins was granted 167,069 restricted stock units (RSUs) of common stock at an exercise price of $0.00.
Transaction Details
- Insider: Charles Robbins, Chair and CEO
- Date of Transaction: September 16, 2026
- Transaction Code: A (Grant/Award)
- Shares Acquired: 167,069 RSUs
- Transaction Price: $0.00
- Ownership Post-Transaction: 769,778.85 shares (Directly held, including accrued dividend equivalents)
Vesting Terms
As detailed in Footnote 1 of the filing:
- Thirty-four percent (34%) of the RSUs vest on November 10, 2027.
- Eight and one-quarter percent (8.25%) of the RSUs vest quarterly thereafter.
Market & Trading Significance
This transaction reflects routine executive equity compensation rather than discretionary open-market buying or selling. Because this is an annual/periodic incentive grant with multi-year vesting requirements, the trading significance is rated as Low.
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Important Disclaimer
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