Cisco Awards CFO 92,817 Restricted Stock Units

Cisco Systems, Inc. (NASDAQ: CSCO) has awarded its Chief Financial Officer (CFO), Mark Patterson, a significant equity grant in the form of restricted stock units (RSUs).

The award consists of 92,817 shares of Cisco common stock, which will vest over time, increasing Patterson's direct holdings in the company.

The RSU award is scheduled to vest in installments, with 34% of the shares vesting on November 10, 2027, and an additional 8.25% vesting quarterly thereafter.