other_material
confidence high
sentiment neutral
materiality 0.25
Cisco grants 47,832 RSUs to new CFO Mark Patterson with 3-year vesting
CISCO SYSTEMS, INC.
- Compensation Committee approved 47,832 RSUs for EVP/CFO Mark Patterson on June 5, 2025.
- RSUs vest over 3 years: 34% at one-year cliff, then 8.25% quarterly thereafter.
- Grant is under Cisco's 2005 Stock Incentive Plan and standard stock unit agreement.
- Patterson's CFO appointment was previously disclosed on May 14, 2025.
item 5.02