AI English summary of an SEC filing — figures as filed

Cisco said on June 5, 2025 that its Compensation and Management Development Committee of the Board of Directors approved an equity award for Mark Patterson in connection with his appointment as Executive Vice President, Chief Financial Officer.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Jun 9, 2025Period of report Jun 5, 2025Summary published (UTC) Oct 14, 2026

Key points

AI summary

Cisco said on June 5, 2025 that its Compensation and Management Development Committee of the Board of Directors approved an equity award for Mark Patterson in connection with his appointment as Executive Vice President, Chief Financial Officer.
The company said Mark Patterson was granted 47,832 restricted stock units (RSUs).
The company said the RSUs vest over 3 years, with 34% vesting at the one-year cliff and 8.25% vesting quarterly thereafter.
The company said the RSUs are subject to the terms of the Cisco Systems, Inc. 2005 Stock Incentive Plan and the form of stock unit agreement. It said it previously disclosed the appointment on a Form 8-K filed on May 14, 2025.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Mark Patterson Compensation Approval

Cisco said on June 5, 2025 that its Compensation and Management Development Committee of the Board of Directors approved an equity award for Mark Patterson in connection with his appointment as Executive Vice President, Chief Financial Officer.

Source · Based on the filing body and exhibits

Patterson Granted 47,832 RSUs

The company said Mark Patterson was granted 47,832 restricted stock units (RSUs).

Source · Based on the filing body and exhibits

Cliff Vesting Terms Over 3 Years

The company said the RSUs vest over 3 years, with 34% vesting at the one-year cliff and 8.25% vesting quarterly thereafter.

Source · Based on the filing body and exhibits

Governing Plan and Prior Disclosure

The company said the RSUs are subject to the terms of the Cisco Systems, Inc. 2005 Stock Incentive Plan and the form of stock unit agreement. It said it previously disclosed the appointment on a Form 8-K filed on May 14, 2025.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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