Cisco Systems President & CPO Jeetendra Patel Awarded 139,225 Restricted Stock Units
CISCO SYSTEMS, INC.
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Filing Summary
📋 Cisco Systems, Inc. ($CSCO) - Form 4 Filing Insider: Jeetendra I. Patel (President and CPO) Transaction Date: September 16, 2026 Action: Grant / Award (Code A) Shares Transacted: 139,225 shares @ $0.00 Value: $0.00 Direct Holdings Post-Transaction: 369,818.244 shares Significance: Low (Routine Annual Equity Grant)
Comprehensive Analysis
Executive Summary
On September 18, 2026, Cisco Systems, Inc. ($CSCO) filed a Form 4 disclosing an equity award granted to Jeetendra I. Patel, President and Chief Product Officer (CPO). On September 16, 2026, Patel was granted 139,225 restricted stock units (RSUs) of Cisco Common Stock at zero cost.
Transaction Breakdown
- Security: Common Stock
- Transaction Code: A (Grant, award, or other acquisition)
- Shares Acquired: 139,225
- Price: $0.00 per share
- Vesting Schedule: 34% of the units vest on November 10, 2027, followed by 8.25% vesting quarterly thereafter.
Ownership Structure Post-Transaction
- Direct Ownership: 369,818.244 shares (includes 2,233.572 dividend equivalents accrued on unvested restricted stock units).
- Indirect Ownership: 200 shares held indirectly by Trust.
Market & Trading Significance
This transaction represents a routine equity compensation award rather than an open-market purchase or sale. Because grants of this nature are part of standard long-term incentive and retention plans, it holds low trading significance regarding direct forward price action.
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Important Disclaimer
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