Cisco Systems EVP of Operations Awarded 55,690 Restricted Stock Units

Executive Summary

On September 18, 2026, Cisco Systems, Inc. ($CSCO) filed a Form 4 disclosing an equity grant to Thimaya K. Subaiya, Executive Vice President of Operations. On September 16, 2026, Mr. Subaiya received a grant of 55,690 Restricted Stock Units (RSUs) at an acquisition price of $0.00 per share.

Transaction Details

• Security: Common Stock
• Transaction Code: A (Award / Grant under Rule 16b-3)
• Shares Acquired: 55,690 shares
• Price per Share: $0.00
• Total Transaction Value: $0.00
• Post-Transaction Holdings: 183,351.148 shares (directly held, including 3,517.977 accrued dividend equivalents on unvested RSUs)

Vesting Schedule

According to the filing footnotes, the RSU award vests as follows:

• 34% vests on November 10, 2027.
• 8.25% vests quarterly thereafter over the remainder of the vesting period.

Market & Trading Significance

This transaction represents a routine equity compensation award rather than an open-market purchase or sale. Because the shares were awarded at no cash outlay as part of standard executive compensation, this filing has Low trading significance and does not reflect discretionary buying or selling pressure from company insiders.