Cisco Systems Files 8-K: Operations, Personnel & Financials
Ticker: CSCO · Form: 8-K · Filed: May 15, 2024 · CIK: 858877
| Field | Detail |
|---|---|
| Company | Cisco Systems, INC. (CSCO) |
| Form Type | 8-K |
| Filed Date | May 15, 2024 |
| Risk Level | low |
| Pages | 9 |
| Reading Time | 11 min |
| Key Dollar Amounts | $0.001, $1 million, $18 million, $2.5 million, $15 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, financial-reporting, officer-changes
Related Tickers: CSCO
TL;DR
Cisco dropped an 8-K detailing Q3 earnings, exec changes, and financials. Check it out.
AI Summary
Cisco Systems, Inc. filed an 8-K on May 15, 2024, reporting on its results of operations and financial condition as of May 12, 2024. The filing also covers the departure of directors, election of directors, appointment of officers, and compensatory arrangements. Additionally, it includes financial statements and exhibits.
Why It Matters
This 8-K filing provides crucial updates on Cisco's financial performance and significant corporate governance changes, impacting investor understanding of the company's current standing and leadership.
Risk Assessment
Risk Level: low — This is a routine 8-K filing providing standard corporate updates and financial information, not indicating any immediate or unusual risks.
Key Players & Entities
- CISCO SYSTEMS, INC. (company) — Registrant
- May 12, 2024 (date) — Earliest event reported
- May 15, 2024 (date) — Date of report
- Delaware (jurisdiction) — State of incorporation
- 170 West Tasman Drive, San Jose, California 95134-1706 (address) — Principal executive offices
- 4085264000 (phone_number) — Business phone
FAQ
What is the primary purpose of this 8-K filing for Cisco Systems, Inc.?
The primary purpose is to report on Cisco's results of operations and financial condition, as well as significant corporate events such as director departures, elections, officer appointments, and compensatory arrangements.
On what date were the events reported in this 8-K earliest?
The earliest event reported in this 8-K filing was on May 12, 2024.
When was this 8-K form filed with the SEC?
This 8-K form was filed on May 15, 2024.
What is Cisco Systems, Inc.'s state of incorporation?
Cisco Systems, Inc. is incorporated in Delaware.
Where are Cisco Systems, Inc.'s principal executive offices located?
Cisco Systems, Inc.'s principal executive offices are located at 170 West Tasman Drive, San Jose, California 95134-1706.
Filing Stats: 2,641 words · 11 min read · ~9 pages · Grade level 12.3 · Accepted 2024-05-15 16:09:01
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share CSCO The Nasdaq Stock Mar
- $1 million — providing for an annual base salary of $1 million; the ability to participate in Cisco's
- $18 million — an approximate grant date fair value of $18 million and a transformational performance-base
- $2.5 million — an approximate grant date fair value of $2.5 million; and Cisco's payment or reimbursement o
- $15 million — a cash retention bonus in the amount of $15 million (the "Retention Bonus"), which vests on
Filing Documents
- d826117d8k.htm (8-K) — 46KB
- d826117dex991.htm (EX-99.1) — 398KB
- d826117dex101.htm (EX-10.1) — 72KB
- g826117g0515053946455.jpg (GRAPHIC) — 2KB
- g826117g0515094847567.jpg (GRAPHIC) — 21KB
- g826117g0515094847808.jpg (GRAPHIC) — 29KB
- 0001193125-24-139371.txt ( ) — 762KB
- csco-20240512.xsd (EX-101.SCH) — 3KB
- csco-20240512_lab.xml (EX-101.LAB) — 17KB
- csco-20240512_pre.xml (EX-101.PRE) — 11KB
- d826117d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description of Document 99.1 Press Release of Cisco, dated May 15, 2024, reporting the results of operations for Cisco's fiscal third quarter 2024 ended April 27, 2024. 10.1 Letter Agreement, dated May 15, 2024, between Cisco and Gary Steele. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CISCO SYSTEMS, INC. Dated: May 15, 2024 By: /s/ R. Scott Herren Name: R. Scott Herren Title: Executive Vice President and Chief Financial Officer