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8-K exhibit

Cisco Systems · 8-K exhibit

CSCO · Information Technology

Filed 2025-06-05 · CY2025 Q2 · Company’s FY2025 Q2 · 503 words

Read the original on sec.gov ↗

Palanor summary

This document is an SEC Form 8-K filing disclosing a compensatory equity grant to Mark Patterson, Cisco's new CFO. The filing contains no earnings call transcript, management discussion, or forward-looking business commentary. It reports an award of 47,832 restricted stock units vesting over three years with a one-year cliff.

Written by Palanor from the full document. Not the company’s words.

<?xml version='1.0' encoding='ASCII'?> csco-20250605

false000085887700008588772025-06-052025-06-05

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

___________________________________

FORM 8-K

___________________________________

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 5, 2025

___________________________________

CISCO SYSTEMS, INC.

(Exact name of registrant as specified in its charter)

___________________________________

Delaware

(State or other jurisdiction of

incorporation)

001-39940

(Commission File Number)

77-0059951

(IRS Employer Identification No.)

170 West Tasman Drive, San Jose, California

95134-1706

(Address of principal executive offices)

(Zip Code)

(408) 526-4000

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

___________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.001 per share

CSCO

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Compensatory Arrangements of Certain Officers

On June 5, 2025, the Compensation and Management Development Committee of the Board of Directors of Cisco Systems, Inc. (“Cisco”) approved an equity award for Mark Patterson in connection with his appointment as Executive Vice President, Chief Financial Officer of Cisco, as previously disclosed on a Form 8-K filed with the Securities and Exchange Commission on May 14, 2025.

Mr. Patterson has been granted 47,832 restricted stock units (“RSUs”), which will vest over a 3-year period subject to a one-year (34%) cliff then quarterly (8.25%) thereafter. The RSUs are subject to the terms and conditions of the Cisco Systems, Inc. 2005 Stock Incentive Plan and form of stock unit agreement.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CISCO SYSTEMS, INC.

Dated: June 9, 2025

By:

/s/ Evan Sloves

Name:

Evan Sloves

Title:

Secretary

Mentions · how they’re counted

CategoryUnderlinedWord counterModel’s count
AI

AI, artificial intelligence, generative AI, machine learning, large language model, LLM

000
Layoffs

layoffs, RIF, headcount reduction, workforce optimization, restructuring

0—0
Recession

recession, downturn, contraction, slowdown

000
Tariffs

tariff, trade war, trade barriers, trade restrictions, trade policy

000
Buybacks

share repurchase, buyback program

0—0

Underlines use the same word lists the scores use. AI, recession and tariffs follow Palanor’s word counter, so those counts match it exactly on the same text. Layoffs and buybacks use the terms the model was given. The model’s count is an estimate by meaning, not by string, so it can differ from the underlines.

Source: SEC EDGAR · public domain · Highlights by Palanor