=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-05-15
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: CISCO SYSTEMS, INC. (CSCO)
CIK: 0000858877
--- Reporting Owner ---
Name: Stahlkopf Deborah L
CIK: 0001873299
Role: Officer (EVP and Chief Legal Officer)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-05-15 | Code: S (Open market sale)
Shares: -300 | Price: $114.97
Total Value: $34,491.99
Shares Owned After: 183,509.088 | Ownership: D (Direct)
Footnotes:
[F1] This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 16, 2025.
[F2] Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $114.63 to $115.39. 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.
[F3] Includes 2,575.836 dividend equivalents accrued on vested deferred restricted stock units, 508.957 dividend equivalents accrued on unvested deferred restricted stock units and 3,323.998 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
[Transaction #2]
Security: Common Stock
Date: 2026-05-15 | Code: S (Open market sale)
Shares: -1,100 | Price: $116.42
Total Value: $128,058.04
Shares Owned After: 182,409.088 | Ownership: D (Direct)
Footnotes:
[F1] This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 16, 2025.
[F4] Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $115.79 to $116.73. 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.
[Transaction #3]
Security: Common Stock
Date: 2026-05-15 | Code: S (Open market sale)
Shares: -2,842 | Price: $117.24
Total Value: $333,203.75
Shares Owned After: 179,567.088 | Ownership: D (Direct)
Footnotes:
[F1] This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 16, 2025.
[F5] Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $116.86 to $117.85. 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.
[Transaction #4]
Security: Common Stock
Date: 2026-05-15 | Code: S (Open market sale)
Shares: -2,344 | Price: $118.10
Total Value: $276,825.93
Shares Owned After: 177,223.088 | Ownership: D (Direct)
Footnotes:
[F1] This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 16, 2025.
[F6] Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $117.86 to $118.32. 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.
--- Footnotes (Complete Index) ---
F1: This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 16, 2025.
F2: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $114.63 to $115.39. 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.
F3: Includes 2,575.836 dividend equivalents accrued on vested deferred restricted stock units, 508.957 dividend equivalents accrued on unvested deferred restricted stock units and 3,323.998 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
F4: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $115.79 to $116.73. 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.
F5: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $116.86 to $117.85. 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.
F6: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $117.86 to $118.32. 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.
--- Signature ---
/s/ /s/ Deborah L. Stahlkopf by Jay Higdon, Attorney-in-Fact (2026-05-19)
