Cisco Awards President Jeetendra Patel 139K Restricted Stock Units
Cisco Systems' President and Chief Product Officer Jeetendra Patel has received a significant equity award from his company. The executive was granted 139,225 restricted stock units (RSUs) on September 16, 2026.
The RSU grant vests with 34% of the shares vesting on November 10, 2027, and the remaining 8.25% will vest quarterly thereafter. This means that Patel's total holdings in Cisco Systems will increase significantly over time.
After this transaction, Patel holds a total of 369,818.244 shares directly, including dividend equivalents accrued on unvested RSUs. He also has indirect trust holdings amounting to 200 shares.