Cisco Systems EVP & CFO Mark Patterson Receives Grant of 92,817 RSUs
CISCO SYSTEMS, INC.
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Filing Summary
📢 Form 4 Filing Alert: CISCO SYSTEMS, INC. ($CSCO) Insider: Mark Patterson (EVP and CFO) Transaction: Grant / Award (Code A) Shares Granted: 92,817 Common Stock at $0.00 Post-Transaction Holdings: 258,595.426 shares Date of Transaction: 2026-09-16 Significance: Low (Routine Annual/Periodic RSU Award)
Comprehensive Analysis
Executive Summary
On September 18, 2026, Cisco Systems, Inc. ($CSCO) filed a Form 4 detailing an equity grant to Executive Vice President and Chief Financial Officer Mark Patterson. On September 16, 2026, Mr. Patterson was awarded 92,817 restricted stock units (RSUs) under the company's equity compensation plan at $0.00 per share.
Transaction Details
- Reporting Person: Mark Patterson (EVP and CFO)
- Security: Common Stock
- Transaction Code: A (Award / Grant)
- Shares Acquired: 92,817
- Price per Share: $0.00
- Post-Transaction Beneficial Ownership: 258,595.426 shares (held directly, including 1,786.851 dividend equivalents accrued on unvested RSUs)
- Vesting Terms: 34% of the shares vest on November 10, 2027, with 8.25% of the shares vesting quarterly thereafter.
Market & Trading Significance
This transaction represents a routine equity compensation award rather than an open-market purchase or sale. Because the transaction was an acquisition through a company compensation grant with deferred vesting milestones, it carries low immediate market significance.
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Important Disclaimer
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