---
schema_version: "secwatch.filing_event.v1"
accession: "0000858877-26-000048"
form_type: "8-K"
ticker: "CSCO"
cik: "0000858877"
company_name: "CISCO SYSTEMS, INC."
filed_at: "2026-04-06T23:59:59+00:00"
generated_at: "2026-05-15T07:29:13.318659+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Daniel H. Schulman resigns from Cisco board; Peter A. Shimer appointed

## Summary
- Schulman to resign effective May 21, 2026 due to increased focus as CEO of Verizon.
- Shimer appointed effective April 6, 2026; deemed independent, joins Audit Committee.
- Shimer receives pro-rata $105k annual cash retainer and pro-rata $270k equity award.
- Standard non-employee director compensation applies; Shimer entered indemnity agreement.

## SEC filing metadata
- accession: 0000858877-26-000048
- form_type: 8-K
- ticker: CSCO
- cik: 0000858877
- company_name: CISCO SYSTEMS, INC.
- filed_at: 2026-04-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/858877/000085887726000048/0000858877-26-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/858877/000085887726000048/csco-20260331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000858877-26-000048
- JSON: https://secwatch.observer/filing/0000858877-26-000048.json
- Plain text: https://secwatch.observer/filing/0000858877-26-000048.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.